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We introduce a simple and robust approach to address two key questions in empirical auction analysis: discriminating between models of entry and
quantifying the revenue gains from improving auction d...
Quantity vs. Quality:Exclusion by Platforms with Network Effects
Multi-Sided Platforms Exclusion Quality And Quantity Cost Governing Rules Regulations and Reforms
2015/4/24
This paper provides a simple model of platforms with direct network effects, in which users value not just the quantity (i.e., number) of other users who join, but also their average quality in some d...