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a problem? We study the question whether 'competition is only a free click away'. We argue that the market for Internet … search is characterized by indirect network externalities and construct a simple model of search engine competition, which …
Persistent link: https://www.econbiz.de/10013066963
a problem? We study the question whether "competition is only a free click away". We argue that the market for Internet … search is characterized by indirect network externalities and construct a simple model of search engine competition, which …
Persistent link: https://www.econbiz.de/10014043618
Persistent link: https://www.econbiz.de/10010257881
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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
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sellers shape the market structure in platform industries. If product market competition is tough, sellers avoid competitors … markets, several homogeneous platforms segment the market. Instead, if product market competition is soft, agglomeration on a … competition. …
Persistent link: https://www.econbiz.de/10011798855
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