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Our study is motivated by the observation that two-sided platforms often exercise control on access to and transactions on at least one side of the market. For example, Apple's rigorous approval process and recent policies that prohibit cross-platform app-building tools is an indication of...
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price experimentation. I test for the former by studying the effect of a seller receiving their first star-rating on pricing … sellers receiving their first star-rating. My results support price experimentation in the style of Lazear 1986 and Aghion et … for both strategic signaling and price experimentation …
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When making purchasing decisions for a certain product, consumers normally take the historical price as a reference …. Focusing on the intertemporal reference price effect (IRPE), this study investigates the joint optimization problem of price … analyses start from a short-term case, where the optimization is only about determining the best price, and then move to a long …
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