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This paper considers platform competition in a two-sided market that includes buyers and sellers. One of the platforms benefits from a favorable coordination bias in the market, in that for this platform it is less costly than for the other platform to convince customers that the two sides will...
Persistent link: https://www.econbiz.de/10014164585
We consider a methodology for studying how beliefs shape platform competition, based on the notion of a partial focality. The concept of focality is useful for modeling platform competition when the presence of network effects results in multiple equilibria for a certain set of prices. We...
Persistent link: https://www.econbiz.de/10012896384
We consider platform competition in the presence of small users and a user-group. One platform enjoys a quality advantage and the other benefits from favorable beliefs. We study whether the group mitigates the users' coordination problem -- i.e., joining a low-quality platform because they...
Persistent link: https://www.econbiz.de/10012910175
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We consider platform competition in the presence of small users and a usergroup. One platform enjoys a quality advantage and the other benefits from favorable beliefs. We study whether the group mitigates the users' coordination problem i.e., joining a low-quality platform because they believe...
Persistent link: https://www.econbiz.de/10012861345
Persistent link: https://www.econbiz.de/10013202071
Persistent link: https://www.econbiz.de/10012881914
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