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In two-sided markets a platform allows consumers and sellers to interact by creating sub-markets within the platform marketplace. For example, Amazon has sub-markets for all of the different product categories available on its site, and smartphones have sub-markets for different types of...
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Innovation has been and continues to be an important theme in management literature, and almost any improvement upon the status quo could be regarded as some sort of innovation. Such an improvement could be made in terms of an increase of efficiency for an existing process or the creation of...
Persistent link: https://www.econbiz.de/10012296767
A robust feature of models of electoral competition between two opportunistic, purely office-motivated parties is that both parties become indistinguishable in equilibrium. I this short note, I show that this strong connection between the office motivation of parties and their equilibrium choice...
Persistent link: https://www.econbiz.de/10014176409
Strategic behaviour in digital markets is difficult to interpret as these industries compete via alternative business models, rather than competing via an accepted business format. Digital market strategies are also more sophisticated and dynamic along product positioning and pricing, alliance,...
Persistent link: https://www.econbiz.de/10014201544
. Specifically, the paper considers that the decision of a firm to operate as a traditional merchant or as a platform is based on a … economics of hybrid forms in two-sided platforms through the examination of the decision of a supermarket to operate as a …
Persistent link: https://www.econbiz.de/10014154944
Managing merchants challenges a selling platform. Using a multi-sender framework we ask if a platform and a competing merchant’s prices can together signal product quality if consumers’ information is incomplete. We find that both separating and pooling equilibria exist but for separation...
Persistent link: https://www.econbiz.de/10014113592
This article theoretically analyzes the effects of the platform liability for the third-party products on incentives of the third-party vendors to make efforts to produce safe products. For this purpose, I suppose that the platform behaves as a mere marketplace and does not screen vendors or...
Persistent link: https://www.econbiz.de/10014076804
Two-sided platforms have gained increasing importance as a business model and research attention over the last couple of years. Examples in the consumer-to-consumer domain include platforms for accommodation sharing, shared mobility services, car sharing, resale, crowd-work, and many more. As...
Persistent link: https://www.econbiz.de/10014110701
I model dynamic product design along price and non-price dimensions by a firm in a market with positive network externalities between consumers. In the case of a usage fee, I provide conditions under which the steady state (SS) is unique and show that the introductory price is negative and...
Persistent link: https://www.econbiz.de/10014141806