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The Internet has significantly increased the bargaining power of consumers. Many online shopping search engines allow consumers to find most retailers that sell a specific product, compare product prices, and review detailed store ratings. With competition just a click away, online retailers...
Persistent link: https://www.econbiz.de/10012705858
Over the last years, several reports highlighted the market power of very large online platforms that are gatekeeping intermediaries between businesses and consumers, and the difficulty for classic competition policy tools to deal effectively with anti-competitive practices in these platforms....
Persistent link: https://www.econbiz.de/10013245166
Travelers often combine transport services from different firms to form trip chains: e.g. first train and then a bus … strongly in how consumers and firms are affected. The Integrator seems best for consumers and social welfare. It always leads …
Persistent link: https://www.econbiz.de/10012262365
Many online businesses, including most of the largest platforms, seek and provide attention. These online attention rivals provide products and features to obtain the attention of consumers and sell some of that attention, through other products and services, to merchants, developers and others...
Persistent link: https://www.econbiz.de/10014162245
first explores firms' preferences for information-sharing strategies, and then discusses the impact of the probability and …
Persistent link: https://www.econbiz.de/10014254189
The Internet enables sellers to offer products through multiple channels simultaneously. In particular, many sellers utilize online auctions in parallel to other online and offline channels. Using an analytical model and data from eBay Motors, we study seller behavior and auction outcomes in the...
Persistent link: https://www.econbiz.de/10014166951
This paper studies the behavior of competing firms in a duopoly with rational inattentive consumers. Firms play a … functions are endogenously determined by the consumers' optimal information strategy, which depends on the firms' obfuscation … high prices where both firms obfuscate and a transparency equilibrium with low prices and no obfuscation, providing an …
Persistent link: https://www.econbiz.de/10012426759
Online platforms play an increasingly important role in the European business landscape. Guided by questions from the European Commission’s consultation on this topic, the paper aims to provide insight into the characteristics of online platforms and the resulting regulatory challenges. Issues...
Persistent link: https://www.econbiz.de/10011412764
. Almost all the impacts of e-commerce affect the businesses positively and the business firms get benefits in numerous ways …
Persistent link: https://www.econbiz.de/10013000164
Three out of nine of S&P500 digital platform companies stand out as building own artificial intelligence (AI) platforms. There is overwhelming empirical evidence of AI technologies are being central to running a digital platform business. However, the current research agenda is not directing...
Persistent link: https://www.econbiz.de/10012842220