Many Internet intermediaries operate two-sided networks, that is, they provide platforms to bring together two types of participants, or quot;sides,quot; such as buyers and sellers. This paper develops a model that characterizes the intermediary's pricing in two-sided networks, the value created...

Purpose: The article analyzes the effects of Artificial Intelligence (AI) on Business Model Innovation (BMI), focusing on the platform business model. Design/Methodology/Approach: Proposes a CLD (Causal Loop Diagram) model and analyzes the model to discuss insights about the structure and...

The article analyzes the effects of Artificial Intelligence (AI) on Business Model Innovation. It shows that AI enables key strategic feedback loops that constitute the core structure of a business model. The article provides a framework and discusses implications for managers and entrepreneurs...

Technology platforms, such as Microsoft Windows, are the hubs of technology industries. We develop a framework to characterize the optimal two-sided pricing strategy of a platform firm, that is, the pricing strategy towards the direct users of the platform as well as towards firms offering...

Platforms play an essential role in the modern economy. At the same time, algorithms are becoming more widely used for pricing and other business functions. Previous literature examined algorithmic pricing, but not in the context of network effects and platforms. Moreover, platform competition...