Showing 1 - 10 of 3,321
This paper addresses the pricing problem of an online service marketplace under asymmetric information. An example is an online learning platform such as Coursera that provides courses from suppliers (in this case, universities) to learners. We focus on the matching function of the marketplace...
Persistent link: https://www.econbiz.de/10012900165
The rise of dominant firms in data driven industries is often credited to their alleged data advantage. Empirical evidence lending support to this conjecture is surprisingly scarce. In this paper we document that data as an input into machine learning tasks display features that support the...
Persistent link: https://www.econbiz.de/10012270849
The rise of dominant firms in data driven industries is often credited to their alleged data advantage. Empirical evidence lending support to this conjecture is surprisingly scarce. In this paper we document that data as an input into machine learning tasks display features that support the...
Persistent link: https://www.econbiz.de/10014031647
This paper examines the relation between prices in conventional stores and on the Internet. Main results from the … to Internet reaches a critical level, ii) the relation between prices depends on convenience costs of shopping in regular … stores as well as on transport and navigation costs for goods bought over Internet, iii) retailers who only sell through …
Persistent link: https://www.econbiz.de/10001599969
The impact of product variety on welfare has received little attention in the electronic commerce literature. The problem with product variety is that more variety does not necessarily imply higher welfare. This paper finds the conditions under which more variety, if caused by lower fixed costs,...
Persistent link: https://www.econbiz.de/10012765548
Several million people currently have accounts in massively multi-player online games, places in cyberspace that are effectively large-scale shared virtual reality environments. The population of these virtual worlds has grown rapidly since their inception in 1996; significantly, each world also...
Persistent link: https://www.econbiz.de/10013320414
technology services; it analyzes the resulting trade barriers. The functioning of the Internet (network structure, allocation of …
Persistent link: https://www.econbiz.de/10011473600
proprietary networks, these firms are shifting their distribution channels to the Internet. Data customers can now select their … Internet Service Providers to gain access to the Internet for a set monthly fee. The marginal charges for these Internet … this vertical disintegration on the proprietary content providers, Internet Service Providers and the end consumers. We …
Persistent link: https://www.econbiz.de/10014047271
the Internet traffic and the Web graph indicated the scale-free structure of the Web and other Complex Networks. Going a …
Persistent link: https://www.econbiz.de/10014187040
Increasingly, retailers have access to better pricing technology, especially in online markets. Firms employ automated pricing algorithms that allow for high-frequency price changes. What are the implications for price competition? We develop a model of price competition where firms can differ...
Persistent link: https://www.econbiz.de/10012175360