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The long tail phenomenon has been heavily discussed in recentyears. What has been neglected so far is its striking relevance forelectronic services. Whereas consumers expectations about informationgoods are often vague and transient, their requirements are pronouncedand specific when it comes to...
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This open access book provides a broad range of insights on market engineering and information management. It covers topics like auctions, stock markets, electricity markets, the sharing economy, information and emotions in markets, smart decision-making in cities and other systems, and...
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Since the advent of the Internet, electronic commerce has become an integral partof everyday life in most parts of the world. In 2009 private consumers in Germanypurchased goods and services worth 15.5bn EUR via e-commerce market places onthe Internet, an increase of 14.4% over the year before....
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Soziale Netzwerke, Suchmaschinen und der Online-Handel zeichnen sich auf den ersten Blick dadurch aus, dass hier sehr große Unternehmen den Markt beherrschen. Ob dies aber zu Wettbewerbsbeschränkungen führt, wie digitale Märkte sinnvoll abzugrenzen und wie faire Marktbedingungen herzustellen...
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This article analyses the crucial role of user data for digital markets contestability and presents policy proposals devised to address growing concerns about the dominance of data-rich incumbents in digital markets. To this end, we discuss a data-driven theory of harm that would warrant ex-ante...
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