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The term platform economy refers to a business practice in which online retailers serve as transaction platforms that connect upstream suppliers with downstream buyers. Each transaction platform has a traditional retail channel where a supplier can sell products indirectly to customers. In...
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In recent years, the rapid growth of peer-to-peer (p2p) ridesharing has significantly cut the market share and profitability for taxis, but taxis remain a major service provider in the personal-transportation service industry. This paper analytically examines a market with two segments of...
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