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In this paper we apply a general model of one-sided and two-sided platform businesses to a collusive framework which we model as joint profit maximization. We have a particular interest in how the social loss and other metrics depend on the strength of the network (direct or indirect) effect. We...
Persistent link: https://www.econbiz.de/10013221241
In this paper we develop a general model of one-sided and two-sided platform businesses and apply it to a monopolist framework. We have a particular interest in how the social loss and other metrics depend on the strength of the network (direct or indirect) effect. We study how network effects...
Persistent link: https://www.econbiz.de/10012823174
The bloom is off the Big Tech rose. It seems nearly the entire political spectrum is angry with Amazon, Google and Facebook for one reason or another. This has led to a great deal of discussion on whether and how to regulate (or even break up) these platforms, including whether they should be...
Persistent link: https://www.econbiz.de/10012823175
The famous (some may say infamous) AMEX decision has introduced and strengthened a great deal of economic jargon into the legal lexicon; “multisided platforms,” “transaction platforms,” “indirect network effects” and “two-sided analysis” quickly come to mind. As is often the...
Persistent link: https://www.econbiz.de/10014255500