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If an intermediary offers sellers a platform to reach consumers, he may face the following hold-up problem: sellers suspect the intermediary will enter their respective product market as a merchant after they have sunk fixed costs of entry. Therefore, fearing that their investments cannot be...
Persistent link: https://www.econbiz.de/10010294746
If an intermediary offers sellers a platform to reach consumers, he may face the following hold-up problem: sellers suspect the intermediary will enter their respective product market as a merchant after they have sunk fixed costs of entry. Therefore, fearing that their investments cannot be...
Persistent link: https://www.econbiz.de/10009653959
This paper deals with trade platforms whose operators not only allow third party sellers to offer their products to consumers, but also offer products themselves. In this context, the platform operator faces a hold-up problem if he uses classical twopart tariffs only as potential competition...
Persistent link: https://www.econbiz.de/10014249628
novel explanation for the use of proportional platform fees. -- intermediation ; platform tariff ; hold-up problem …
Persistent link: https://www.econbiz.de/10009528884
Abstract This paper deals with trade platforms whose operators not only allow third party sellers to offer their products to consumers, but also offer products themselves. In this context, the platform operator faces a hold-up problem if he uses classical two-part tariffs only as potential...
Persistent link: https://www.econbiz.de/10014618968
When sellers join a platform to sell their products, the platform operator may restrict their strategic decisions. In fact, several platform operators impose most-favored treatment or no-discrimination rules (NDRs), asking sellers not to offer better sales conditions elsewhere. In this paper, I...
Persistent link: https://www.econbiz.de/10010294699
When sellers join a platform to sell their products, the platform operator may restrict their strategic decisions. In fact, several platform operators impose most-favored treatment or no-discrimination rules (NDRs), asking sellers not to offer better sales conditions elsewhere. In this paper, I...
Persistent link: https://www.econbiz.de/10010338388
When sellers join a platform to sell their products, the platform operator may restrict their strategic decisions. In fact, several platform operators impose most-favored treatment or no-discrimination rules (NDRs), asking sellers not to offer better sales conditions elsewhere. In this paper, I...
Persistent link: https://www.econbiz.de/10010696234
The object of this paper is to discuss on-line intermediation from the perspective of two-sided markets. It builds a … simple model of the intermediation activity when trading partners are involved in a commercial relationship and uses it to … part concentrates on a monopoly intermediation service and discusses both efficient pricing and monopoly pricing. The …
Persistent link: https://www.econbiz.de/10005181364
To generate downstream sales, manufacturers often spend both effort and compensation when working with their dealers. Existing theories are inconclusive about the interdependent role of the two kinds of instruments in motivating dealer effort; that is, whether they are substitutes or...
Persistent link: https://www.econbiz.de/10012928835