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the platform's forecast; when the miscalibration cost is high, the platform can achieve its commitment payoff in an … equilibrium, and the only extensive-form rationalizable strategy of the platform is its strategy in the commitment solution. Our … results show that miscalibration cost is a proxy for the degree of the platform's commitment power, and thus provide a …
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Social networks have evolved into influential, compelling and persuasive systems, the portals of Web 2.0 and one of the most powerful media phenomena in 2008. This note provides a brief background and description of various social network sites including MySpace, Facebook, and YouTube. We also...
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The internet has brought about many exciting opportunities for an easy and convenient exchange of information worldwide. The number of forums and online portals allowing users to give and discuss their opinions on a wide variety of products is rapidly rising. While at first the focus was on the...
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This book was prepared with materials used by the Latin American Council of Social Sciences (CLACSO) for training social science editors and librarians within its network of 175 affiliated institutions in 21 countries of Latin America and the Caribbean. In the first section of the book Peter...
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Probably not. Or, at least, it is a sui generis two-sided market. Unlike other platforms, such as credit cards, night clubs, or operating systems, where a single transaction is performed via the platform (trade, date or using a PC), two different transactions take place on Google. Users look for...
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