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. … 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 …
Focality advantage in platform competition
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WebJun 1, 2024 · Focality advantage in platform competition. January 2024 · Journal of Economics & Management Strategy. Hanna Hałaburda; Yaron Yehezkel; We consider a methodology for studying how beliefs shape ... 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.
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... 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 …
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. 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:
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
crystallization curveWebFeb 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. crystallization definition rock cyclehttp://editjems.org/article-item/focality-advantage-in-platform-competition/ crystallization definition in chemistryWebJan 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... crystallization definition geologyWebThe 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 … dwr southern region officeWebThe 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. dwrs rate exceptionWebfor 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; crystallization definition rocks