Focality advantage in platform competition
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. 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.
Focality advantage in platform competition
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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. … WebFocality 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. ... platform competition, network externalities, coordination, antitrust, predatory pricing. 13.
WebNov 1, 2024 · Focality advantage: Consider focality for modeling platform competition in case of multiple equilibria: Bourreau and Gaudin (2024) Strategic recommendation bias: … 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 prices. … WebJan 6, 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 …
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 ...
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 … higfoamWebPlatform Competition Multi-Sided Platforms Focality Advantage in Platform Competition Hanna Halaburda and Yaron Yehezkel 2024 When choosing a platform to join, users … higford optionsWebRochet, Jean-Charles & Triole, Jean, 2002. "Platform competition in two sided markets," LSE Research Online Documents on Economics 24929, London School of Economics and Political Science, LSE Library. ... 2024. "Focality advantage in platform competition," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 28(1), pages 49-59 ... how far is charlotte nc from the beachWebWe 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. hig flats meaningWebThe 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 … how far is charlotte nc to columbia scWebJan 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 … how far is charlotte nc to asheville ncWebJan 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. … higford hall