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Persistent link: https://www.econbiz.de/10011292574
Two-sided markets consist of platforms that need to bring both retail consumers and complementary goods producers on board to be successful. Consumer adoption of these platforms can often hinge on the presence and magnitude of indirect network effects – the positive feedback loop where a...
Persistent link: https://www.econbiz.de/10014162291
Crowdfunding, a fundraising mechanism in which monetary contributions are raised from a large number of people, is booming and impacting government policy. We study two features of a well-known crowdfunding platform, Kickstarter. First, we study the role of observable information in determining...
Persistent link: https://www.econbiz.de/10014132725
Persistent link: https://www.econbiz.de/10013464389
We present theoretical and empirical analyses of indirect network effects for a hardware market with vertically differentiated complementary goods. We demonstrate that the heretofore typical use of aggregate software counts can mis-measure the presence and/or magnitude of indirect network...
Persistent link: https://www.econbiz.de/10011096422
Two-sided markets consist of platforms that need to bring both retail consumers and complementary goods producers on board to be successful. Consumer adoption of these platforms can often hinge on the presence and magnitude of indirect network effects — the positive feedback loop where a...
Persistent link: https://www.econbiz.de/10011117300