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Focality advantage in platform competition

WebJan 11, 2024 · 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. … WebWe consider dynamic competition among platforms in a market with network externalities. A platform that dominated the market in the previous period be- comes \focal" in the current period, in that agents play the equilibrium in which they join the focal platform whenever such equilibrium exists.

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WebAug 12, 2024 · They compare the platform’s incentives to acquire information under two models, one in which the platform is a pure intermediary that connects buyers and sellers, and a hybrid one in which the platform also introduces its private label to compete with third-party sellers. WebJan 4, 2024 · A general concern for competition policy is whether exclusive access to a vast amount of data can confer a competitive advantage in the market to provide consumers or users with better... irm in tech https://bulldogconstr.com

Research on video platform competition considering quality …

WebFocality Advantage in Platform Competition By Hanna Halaburda and Yaron Yehezkel y July 17, 2024 Abstract We consider a methodology for studying how beliefs shape platform … WebJan 24, 2024 · 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. … WebThe reason is that network effects provide the focal platform with a short-term competitive advantage: in a one-time interaction, a focal platform can use its position to dominate … irm in spanish

Dynamic Competition with Network Externalities: Why History

Category:Platform Competition The Role of Complements/Apps on the …

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Focality advantage in platform competition

Hanna HAŁABURDA The Bank of Canada, Ottawa - ResearchGate

WebIn order to capture the effect of network effects and users’ beliefs, we assume a market with two competing platforms where one has an advantage in terms of the value it offers at the outset while the other platform enjoys focality–meaning, users … WebNov 1, 2024 · Focality advantage: Consider focality for modeling platform competition in case of multiple equilibria: Bourreau and Gaudin (2024) Strategic recommendation bias: Consider bias in the user specific recommendations on the platform: Karhade and Dong (2024b) Information technology investment:

Focality advantage in platform competition

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WebFocality Advantage in Platform Competition. Journal of Economics & Management Strategy (2024), Vol. 28, Pages 49-59 Number of pages: 19 Posted: 06 Jan 2024 Last Revised: 19 Jun 2024. ... platform competition, network externalities, coordination, antitrust, predatory pricing. 13. WebOct 22, 2015 · Platform competition typically involves not only network e ects, but also repeated inter-action. We often observe that the platform that was dominant in the …

WebThe 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. WebJan 11, 2024 · 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. …

WebNew platforms such as peer-to-peer marketplaces frequently face a “coordination problem” in attracting users, as potential users may be reluctant to join given the uncertainty of other users... WebRochet, Jean-Charles & Triole, Jean, 2002. "Platform competition in two sided markets," LSE Research Online Documents on Economics 24929, London School of Economics and Political Science, LSE Library. ... 2024. "Focality advantage in platform competition," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 28(1), pages 49-59 ...

WebPlatform Competition Multi-Sided Platforms Focality Advantage in Platform Competition Hanna Halaburda and Yaron Yehezkel 2024 When choosing a platform to join, users …

WebFeb 1, 2024 · Focality advantage in platform competition. Article. Jan 2024; Hanna Hałaburda; Yaron Yehezkel; We consider a methodology for studying how beliefs shape platform competition based on the notion ... port hope interactive mapWebJan 6, 2024 · 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 … port hope irpWebSep 1, 2024 · exposition of how focality advantage ma y influence platform competition is Halaburda and Yehezkel (2024). 6 Using as a proxy of V the revenues per user of the App Store and Google Play , https ... irm institutionWebWe consider platform competition in the presence of small users and a user-group. One platform enjoys a quality advantage and the other bene ts from favorable beliefs. We study whether the group mitigates the users' coordination problem i.e., joining a low-quality platform because they believe that other users would do the same. port hope initiativeWebOct 22, 2015 · Platform competition typically involves not only network e ects, but also repeated inter-action. We often observe that the platform that was dominant in the recent past has the advantage of customers favorable expectations in that customers expect that today the plat-form will be successful in also attracting other customers. port hope irp officehttp://editjems.org/article-item/focality-advantage-in-platform-competition/ irm in the newsWebdegree of focality, the high-quality platform can dominate the market (even though network e ects are more important than the quality gap), if the focality advantage of the low … irm innocent spouse