Focality advantage in platform competition

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 …

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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 https://comlnq.com

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

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Category:Hanna HAŁABURDA The Bank of Canada, Ottawa - ResearchGate

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Focality advantage in platform competition

Focality advantage in platform competition - Nbr. 28-1, January …

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 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 …

Focality advantage in platform competition

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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. … WebSep 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 ...

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 … WebJan 1, 2024 · Focality Advantage in Platform Competition January 2024 SSRN Electronic Journal DOI:10.2139/ssrn.3305370 Authors: Hanna Hałaburda The Bank of Canada Yaron Yehezkel Yaron Yehezkel This person is...

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 the market, ... a quality advantage, the focal platform has an expectations advantage. ... incentive to fight for focality in the game's early stages. We then ... Webfor modeling a varying strength of focality advantage in both a static and a dynamic model. This methodology can provide a valuable tool to researchers, for studying additional research questions concerning platform competition. We model focality by extending the concept of platform focality de ned by Caillaud and Jullien (Rand;

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.

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. We illustrate how to implement this methodology in both static and dynamic competition between platforms that differ in their basic quality. smallmouth magicWebAug 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. smallmouth jumpingWebIn 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 … hilary towersmallmouth in yellowstonehttp://editjems.org/article-item/focality-advantage-in-platform-competition/ smallmouth jig headsWebJan 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. … smallmouth hair jigsWebdegree 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 … hilary towsey