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 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. 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 …
Market Power, Competition and Innovation in digital
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 ... Web"Focality advantage in platform competition." (joint with Hanna Halaburda), Journal of Economics and Management Strategy, 2024, Vol. 28, pp. 49-59. "The role of coordination bias in platform competition." (joint with Hanna Halaburda), Journal of Economics and Management Strategy, 2016, Vol. 25, pp.274 - 312 smallmouth guides lake st clair
Whom to benefit? Competing platforms’ strategic investment in ...
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. 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... 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... smallmouth king bass tournament sevierville