To better illuminate how platform economy firms such as Uber, Lyft, TaskRabbit, and Deliveroo are impacting workers' welfare, this paper disaggregates two aspects of industrial organization in low-wage labor markets today. It maps prominent low-wage firms onto a grid that seeks to capture (a)...

The emergence of digital technologies has significantly reduced the economic costs of data—search, storage, computation, transmission—and enabled new economic activities. Over the years, firms able to create a platform-based ecosystem have become a force of “creative destruction.”...

Beherrschten vor 20 Jahren noch Industriekonglomerate, Energiekonzerne und Banken die Rangliste der wertvollsten Unternehmen, wurden diese längst von Internetgiganten wie Google, Apple, Amazon und Tencent abgelöst. Digitale Technik ist allgegenwärtig: Wir tragen Hochleistungsrechner in...

Cutting through the confusion around the nature and implications of digitalization, this book explores the rise of the new digital networks, how they affect traditional infrastructure, and how they will eventually need to be regulated. The authors examine how digitalization affects...