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2 results on '"Market ignition"'

1. Information Management and Pricing in Platform Markets.

Author

Jullien, Bruno and Pavan, Alessandro

Subjects
INFORMATION resources management, MARKET pricing, ELASTICITY (Economics), CONSUMERS' surplus, ADVERTISING campaigns
Abstract

We study platform markets in which the information about users' preferences is dispersed. First, we show how the dispersion of information introduces idiosyncratic uncertainty about participation decisions and how the latter shapes the elasticity of the demands and the equilibrium prices. We then study the effects on profits, consumer surplus, and welfare of platform design, blogs, forums, conferences, advertising campaigns, post-launch disclosures, and other information management policies affecting the agents' ability to predict participation decisions on the other side of the market. [ABSTRACT FROM AUTHOR]

Published
2019
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2. Information Management and Pricing in Platform Markets

Author

Bruno Jullien, Alessandro Pavan, Toulouse School of Economics (TSE), Université Toulouse 1 Capitole (UT1), Université Fédérale Toulouse Midi-Pyrénées-Université Fédérale Toulouse Midi-Pyrénées-École des hautes études en sciences sociales (EHESS)-Centre National de la Recherche Scientifique (CNRS)-Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement (INRAE), Northwestern University [Evanston], Center for Economic Policy Research (CEPR), CEPR, and ANR-19-P3IA-0004,ANITI,Artificial and Natural Intelligence Toulouse Institute(2019)

Subjects
Information management, Economics and Econometrics, Design, informative advertising, media_common.quotation_subject, platform markets, design, Informative advertising, [SHS]Humanities and Social Sciences, Advertising campaign, market ignition, 0502 economics and business, ddc:330, Economics, Market ignition, 050207 economics, B- ECONOMIE ET FINANCE, Global game, Industrial organization, 050205 econometrics, media_common, dispersed information, 05 social sciences, Global games, information management, Platform markets, Economic surplus, [SHS.ECO]Humanities and Social Sciences/Economics and Finance, Dispersed information, D82, global games, JEL: D - Microeconomics/D.D8 - Information, Knowledge, and Uncertainty/D.D8.D82 - Asymmetric and Private Information • Mechanism Design, Welfare
Abstract

We study platform markets in which the information about users’ preferences is dispersed. First, we show how the dispersion of information introduces idiosyncratic uncertainty about participation decisions and how the latter shapes the elasticity of the demands and the equilibrium prices. We then study the effects on profits, consumer surplus, and welfare of platform design, blogs, forums, conferences, advertising campaigns, post-launch disclosures, and other information management policies affecting the agents’ ability to predict participation decisions on the other side of the market.

Published
2018

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