Focality advantage in platform competition
WebNov 1, 2024 · Focality advantage: Consider focality for modeling platform competition in case of multiple equilibria: Bourreau and Gaudin (2024) Strategic recommendation bias: … 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 …
Focality advantage in platform competition
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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 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 …
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. 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 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. … 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 ...
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 …
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... how to run virtual machineWebJan 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. northern tool madison gaWebFocality Advantage in Platform Competition By Hanna Halaburda and Yaron Yehezkel y July 17, 2024 Abstract We consider a methodology for studying how beliefs shape platform … northern tool madison alWebJun 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 ... northern tool madisonhttp://editjems.org/article-item/focality-advantage-in-platform-competition/ northern tool magnetsWebNov 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: northern tool madison alabamaWebJan 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. … northern tool magnetic sweeper