Showing 1 - 10 of 203
We review the economics of superstars, originally developed for stars in traditional media, and discuss whether they are applicable for the (allegedly) novel phenomenon of stars in social media (influencer, micro-celebrities). Moreover, we analyse potentially new factors for creating social...
Persistent link: https://www.econbiz.de/10011994966
Platforms have emerged as a new kind of regulatory object over a short period of time. There is accelerating global regulatory competition to conceptualise and govern online platforms in response to social, economic and political discontent – articulated in terms such as ‘fake news’,...
Persistent link: https://www.econbiz.de/10013219418
For a few years crowdfunding has been successfully employed to finance independent artists. Usually artists ask for donations to finance release of an album or a tour. This paper concentrates on different use of crowdfunding: the idea that whole crowdfunding platform could operate as an...
Persistent link: https://www.econbiz.de/10014088614
This article analyzes the role that crowdfunding plays for artists who create small-scale projects. We find that artists struggle to reach new audiences and, thus, mainly use this funding tool to transform monetary gifts into reputation for their careers. Crowdfunding platforms are believed to...
Persistent link: https://www.econbiz.de/10013245976
We study the welfare effects of a merger between ad-funded platforms facing elastic consumer demand. We show that advertising fees as well as quality investment levels by the platforms fall post-merger. Interestingly, despite the lower advertising fees, advertisers may be worse off when their...
Persistent link: https://www.econbiz.de/10015339857
In recent years, several automated caps, or algorithmic quantity regulations (AQRs), have been deployed to police supply conditions in sharing economy platforms. AQRs constitute a paradigm shift in platform regulation, as they enable exhaustive, and low-cost enforcement, thus comprehensively...
Persistent link: https://www.econbiz.de/10015371992
Online platforms have evolved into powerful programmable architectures that enable heterogeneous groups of autonomous but interdependent users to interact. Based on a stratified sample of 1,380 companies from a newly developed enterprise survey in Austria, the analysis aims to reduce the lack of...
Persistent link: https://www.econbiz.de/10015372720
Platform pricing may be connected to antitrust risks, which a company can face under excessive or predatory price scrutiny when the platform is recognized as dominant in the market. Since Federal Antitrust Service of Russia (FAS Russia) prefers price-cost comparison when studying excessive or...
Persistent link: https://www.econbiz.de/10015394397
Digital platforms alter almost every industry in the modern economy (De Reuver et al., 2018). For instance, in the media industry, there is an increasing shift from traditional media outlets such as newspapers and television to online newspapers, social media, or platforms such as Netflix or...
Persistent link: https://www.econbiz.de/10015271941
We consider a market in which a platform hosts third-party monopolistic complementors. Users are segmented into single-use and multi-use consumers, and services exhibit network externalities. In the agency model, the presence of multi-use consumers leads complementors to set inefficiently high...
Persistent link: https://www.econbiz.de/10015323430