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. We illustrate how … 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. …
Multisided Platforms And Markets: A Survey Of The Theoretica
WebWe 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. 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... botanical journal of the linnean society 影响因子
Industry dynamics in digital markets SpringerLink
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 … WebOne platform enjoys a quality advantage and the other benefits 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. WebFeb 9, 2012 · Focality Advantage in Platform Competition. Downloads 97 (393,620) Citation 8. 2 Focality 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. haworth fern halo chair