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E-business offers buyers and sellers a new form of communication and provides an opportunity to create new marketplaces. Theoretical studies suggest in general that the development of e-business results in higher firm performance as a result of lower search and head-to-head comparison costs....
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New digital technologies more and more diffuse into the economy. Due to this digitisation, machines become increasingly able to perform tasks that previously only humans could to. Production processes and organizations are changing, new products, services and business models emerge. These trends...
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Abstract Existing models of two-sided markets explain why platforms charge different prices between buyers and sellers. Generally, the platform will subsidize participation on a side of the market the higher is that side’s positive cross-side externality to users on the other side of the...
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