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How does competition affect reputation concerns? : theory and evidence from Airbnb
Rossi, Michelangelo - 2019
I show how changes in competition affect the power of reputation to induce sellers to exert effort. The impact of … the value of building a reputation through effort. In this framework, more competition depresses hosts' profits and leads … competition on sellers' incentives is theoretically ambiguous. More competition disciplines sellers, but, at the same time, it …
Persistent link: https://www.econbiz.de/10012138911
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How Does Competition Affect Reputation Concerns? Theory and Evidence from Airbnb
Rossi, Michelangelo - 2019
I show how changes in competition affect the power of reputation to induce sellers to exert effort. The impact of … the value of building a reputation through effort. In this framework, more competition depresses hosts' profits and leads … competition on sellers' incentives is theoretically ambiguous. More competition disciplines sellers, but, at the same time, it …
Persistent link: https://www.econbiz.de/10012857911
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Software Marketing on the Internet: the Use of Samples and Repositories
Gaudeul, Alexia - Centre for Competition Policy, University of East Anglia - 2008
This paper examines one of the most important marketing strategies by software producers on the Internet. That is whether to offer free samples and if so, whether to list the samples on shareware repositories. I show that firms with higher value products have a greater incentive to offer free...
Persistent link: https://www.econbiz.de/10004970309
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Buyer Power and Information Sharing
Kim, In Kyung - 2020
We study how buyer power affects producers' incentives to share information with retailers. Adopting the Bayesian persuasion framework, we show that full information disclosure is optimal only when buyer power is sufficiently low. Using the presence of retail price recommendations as the proxy...
Persistent link: https://www.econbiz.de/10012852743
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Competition in Selling Information
Rüdiger, Jesper - 2017
A characteristic of many information markets is that consumers can cross-check information, i.e. observe several information sources. To explore this we build a model of market for information where information outlets can only report a coarse signal and face a distribution of consumers with...
Persistent link: https://www.econbiz.de/10014039286
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Chapter 14. Media Bias in the Marketplace : Theory
Gentzkow, Matthew; Shapiro, Jesse M.; Stone, Daniel F. - 2015
Persistent link: https://www.econbiz.de/10014025202
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Data, Competition, and Digital Platforms
Bergemann, Dirk; Bonatti, Alessandro - 2022
We propose a model of intermediated digital markets where data and heterogeneity in tastes and products are defining features. A monopolist platform uses superior data to match consumers and multiproduct advertisers. Consumers have heterogenous preferences for the advertisers' product lines and...
Persistent link: https://www.econbiz.de/10014237553
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Electoral competition under media influence
Bräuer, Wolfgang - 1998
We suggest a model of electoral competition between two parties which is extended by a third player : mass media. The … classical one-dimensional competition model is changed by introducing an issue-specific sensibility-coefficient and by allowing …
Persistent link: https://www.econbiz.de/10011441433
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Can a bonus overcome moral hazard? : an experiment on voluntary payments, competition, and reputation in markets for expert services
Angelova, Vera; Regner, Tobias - 2016
factors could improve advice quality. Besides advisor competition and identifiability we add the possibility for clients to … identifiabilitiy (leading to several client-advisor interactions over the course of the game) or competition (allowing one advisor to …-telling under competition. …
Persistent link: https://www.econbiz.de/10011530053
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Can a bonus overcome moral hazard? : an experiment on voluntary payments, competition, and reputation in markets for expert services
Angelova, Vera; Regner, Tobias - 2017
factors could improve advice quality. Besides advisor competition and identifiability we add the possibility for clients to … (leading to several client-advisor interactions over the course of the game) or competition (allowing one advisor to have …
Persistent link: https://www.econbiz.de/10011697162