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. 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 ...
Focality advantage in platform competition - Research …
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. 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. highest sales tax in the us
Market Power, Competition and Innovation in digital
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 … Web"Focality advantage in platform competition," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 28(1), pages 49-59, January. André Veiga & E. Glen Weyl & Alexander White, 2024. "Multidimensional Platform Design," American Economic Review, American Economic Association, vol. 107(5), pages 191-195, May. 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. highest salary of psu