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 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. …

Hanna HAŁABURDA The Bank of Canada, Ottawa - ResearchGate

WebWe 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. 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. how to schedule posts on instagram

פרופ

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. 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 … Webfor 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; north offroaders