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We propose a model of intermediated digital markets where data and heterogeneity in tastes and products are defining features. A monopolist platform uses superior data to match consumers and multiproduct advertisers. Consumers have heterogenous preferences for the advertisers' product lines and...
Persistent link: https://www.econbiz.de/10014237553
In 2019, there was a notable ramping up in the international focus around competition issues in digital platform … delivered enormous benefits for consumers, but also that they raise significant competition concerns. Digital platform markets … from the EC, UK and US. These offer similar diagnoses of the underlying economic drivers of competition concerns in digital …
Persistent link: https://www.econbiz.de/10012838182
Hinter der Finanzindustrie liegen turbulente, aufreibende Jahre. Der dramatische Vertrauensverlust in Banken, die juristische Aufarbeitung von Skandalen und die damit zusammenhängenden Strafzahlungen in Milliardenhöhe, die Flut an neuen Regulierungsvorschriften, das grundsätzliche...
Persistent link: https://www.econbiz.de/10010509570
Modern communication technologies enable efficient exchange of information, but often sacrifice direct human interaction inherent in more traditional forms of communication. This raises the question of whether the lack of personal interaction induces individuals to exploit informational...
Persistent link: https://www.econbiz.de/10011825233
Modern communication technologies enable efficient exchange of information, but often sacrifice direct human interaction inherent in more traditional forms of communication. This raises the question of whether the lack of personal interaction induces individuals to exploit informational...
Persistent link: https://www.econbiz.de/10011805740
Lenders can exploit households' payment data to infer their creditworthiness. When households value privacy, they then face a tradeoff between protecting such privacy and credit conditions. We study how the introduction of an informationally more intrusive digital payment vehicle affects...
Persistent link: https://www.econbiz.de/10014353892
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The ubiquitous process of digitization changes economic competition on markets in several ways and leads to the … digital goods and markets. In Germany, national competition law was amended in 2017 in order to accommodate for digitization … relevant examples. These developments challenge competition policy, which must consider the special economic characteristics of …
Persistent link: https://www.econbiz.de/10011926921
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