Platform Economics

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The Economics of Platforms

Author : Paul Belleflamme,Martin Peitz
Publisher : Cambridge University Press
Page : 275 pages
File Size : 46,7 Mb
Release : 2021-11-11
Category : Business & Economics
ISBN : 9781108482578

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The Economics of Platforms by Paul Belleflamme,Martin Peitz Pdf

The first book on platforms that concisely incorporates path-breaking insights in economics over the last twenty years.

Platform Economy Puzzles

Author : Meijerink, Jeroen,Jansen, Giedo,Daskalova, Victoria
Publisher : Edward Elgar Publishing
Page : 256 pages
File Size : 47,7 Mb
Release : 2021-08-27
Category : Business & Economics
ISBN : 9781839100284

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Platform Economy Puzzles by Meijerink, Jeroen,Jansen, Giedo,Daskalova, Victoria Pdf

Searching for paid tasks via digital labour platforms, such as Uber, Deliveroo and Fiverr, has become a global phenomenon and the regular source of income for millions of people. In the advent of digital labour platforms, this insightful book sheds new light on familiar questions about tensions between competition and cooperation, short-term gains and long-term success, and private benefits and public costs. Drawing on a wealth of knowledge from a range of disciplines, including law, management, psychology, economics, sociology and geography, it pieces together a nuanced picture of the societal challenges posed by the platform economy.

Advanced Introduction to Platform Economics

Author : Robin Mansell,W. E. Steinmueller
Publisher : Edward Elgar Publishing
Page : 176 pages
File Size : 44,9 Mb
Release : 2020-08-28
Category : Business & Economics
ISBN : 9781789900613

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Advanced Introduction to Platform Economics by Robin Mansell,W. E. Steinmueller Pdf

Artificial intelligence-enabled digital platforms collect and process data from and about users. These companies are largely self-regulating in Western countries. How do economic theories explain the rise of a very few dominant platforms? Mansell and Steinmueller compare and contrast neoclassical, institutional and critical political economy explanations. They show how these perspectives can lead to contrasting claims about platform benefits and harms. Uneven power relationships between platform operators and their users are treated differently in these economic traditions. Sometimes leading to advocacy for regulation or for public provision of digital services. Sometimes indicating restraint and precaution. The authors challenge the reader to think beyond the inevitability of platform dominance to create new visions of how platforms might operate in the future.

A Modern Guide To Labour and the Platform Economy

Author : Drahokoupil, Jan,Vandaele, Kurt
Publisher : Edward Elgar Publishing
Page : 384 pages
File Size : 40,6 Mb
Release : 2021-10-12
Category : Political Science
ISBN : 9781788975100

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A Modern Guide To Labour and the Platform Economy by Drahokoupil, Jan,Vandaele, Kurt Pdf

Providing an insightful analysis of the key issues and significant trends relating to labour within the platform economy, this Modern Guide considers the existing comparative evidence covering all world regions. It also provides an in-depth look at digital labour platforms in their historical, economic and geographical contexts.

The Platform Economy

Author : Marc Steinberg
Publisher : U of Minnesota Press
Page : 297 pages
File Size : 48,6 Mb
Release : 2019-02-26
Category : Technology & Engineering
ISBN : 9781452960845

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The Platform Economy by Marc Steinberg Pdf

Offering a deeper understanding of today’s internet media and the management theory behind it Platforms are everywhere. From social media to chat, streaming, credit cards, and even bookstores, it seems like almost everything can be described as a platform. In The Platform Economy, Marc Steinberg argues that the “platformization” of capitalism has transformed everything, and it is imperative that we have a historically precise, robust understanding of this widespread concept. Taking Japan as the key site for global platformization, Steinberg delves into that nation’s unique technological and managerial trajectory, in the process systematically examining every facet of the elusive word platform. Among the untold stories revealed here is that of the 1999 iPhone precursor, the i-mode: the world’s first widespread mobile internet platform, which became a blueprint for Apple and Google’s later dominance of the mobile market. Steinberg also charts the rise of social gaming giants GREE and Mobage, chat tools KakaoTalk, WeChat, and LINE, and video streaming site Niconico Video, as well as the development of platform theory in Japan, as part of a wider transformation of managerial theory to account for platforms as mediators of cultural life. Analyzing platforms’ immense impact on contemporary media such as video streaming, music, and gaming, The Platform Economy fills in neglected parts of the platform story. In narrating the rise and fall of Japanese platforms, and the enduring legacy of Japanese platform theory, this book sheds light on contemporary tech titans like Facebook, Google, Apple, and Netflix, and their platform-mediated transformation of contemporary life—it is essential reading for anyone wanting to understand what capitalism is today and where it is headed.

Handbook of Research on the Platform Economy and the Evolution of E-Commerce

Author : Ertz, Myriam
Publisher : IGI Global
Page : 554 pages
File Size : 41,9 Mb
Release : 2021-10-15
Category : Business & Economics
ISBN : 9781799875468

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Handbook of Research on the Platform Economy and the Evolution of E-Commerce by Ertz, Myriam Pdf

In the past two decades, research on electronic commerce and platforms has thrived. Tremendous academic research has been conducted on this specific concept. Over the last decade, with the rise of applications and mobile technology, that stream of research has extended to the collaborative economy, more colloquially known as the sharing economy. The commonality between e-commerce and collaborative consumption being that they both occur online and rely predominantly on platforms. The Handbook of Research on the Platform Economy and the Evolution of E-Commerce is a comprehensive reference book offering a holistic perspective of the platform economy by connecting the e-commerce and collaborative economy streams into a common framework. As such, this integrated perspective offers a clearer understanding of the key trends in research and in managerial action, as well as an agenda for future studies and practice. This handbook emphasizes how the digital transition will create an increased merging between physical and digital activities, as well as the challenges and opportunities pertaining to this trend. Covering topics including sharing economy, Marketing 4.0, and digital applications, this book is essential for marketers, managers, executives, students, researchers, and academicians.

Platform Economics

Author : Cristiano Codagnone,Athina Karatzogianni,Jacob Matthews
Publisher : Emerald Group Publishing
Page : 216 pages
File Size : 42,9 Mb
Release : 2018-11-23
Category : Business & Economics
ISBN : 9781787439856

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Platform Economics by Cristiano Codagnone,Athina Karatzogianni,Jacob Matthews Pdf

Platform Economics tackles head on the rhetoric surrounding the so-called 'sharing economy' which has muddied public debate and has contributed to a lack of policy and regulatory intervention.

Digital Work and the Platform Economy

Author : Seppo Poutanen,Anne Kovalainen,Petri Rouvinen
Publisher : Routledge
Page : 313 pages
File Size : 50,9 Mb
Release : 2019-11-28
Category : Business & Economics
ISBN : 9780429886089

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Digital Work and the Platform Economy by Seppo Poutanen,Anne Kovalainen,Petri Rouvinen Pdf

"Uberization," "digitalization," "platform economy," "gig economy," and "sharing economy" are some of the buzzwords that characterize the current intense discussions about the development of the economy and work around the world, among both experts and laypersons. Immense changes in the ways goods are manufactured, business is done, work tasks are performed, education is accomplished, and so on, are clearly underway. This also means that demand for careful, first-rate social scientific analyses of the phenomena in question is rapidly growing. This edited volume gathers distinguished researchers from economics, business studies, organization studies, medicine, social psychology, occupational health, pedagogics, and sociology to put particular work in both public and private sectors and education in both academic and vocational settings at the focus of the emerging digitalized platform economy. The authors anchor their analyses and conceptual and theoretical work in distinctive empirical developments that are taking place in one of the leading countries of digitalization processes: Finland. Finnish case studies reflect general global developments and show their particular, context-related actualization in multiple ways. This double exposure enables the authors of this multi- and interdisciplinary volume to advance conceptualization and theorization of the key phenomena in digitalizing platform societies in novel, creative, and groundbreaking directions. This book will without doubt be of great value to academic researchers and students in the fields of economics, business studies, work studies, social sciences, education, technology, digitalization, platforms, occupational health, entrepreneurship, and professions.

Platform Revolution: How Networked Markets Are Transforming the Economyand How to Make Them Work for You

Author : Geoffrey G. Parker,Marshall W. Van Alstyne,Sangeet Paul Choudary
Publisher : W. W. Norton & Company
Page : 256 pages
File Size : 54,6 Mb
Release : 2016-03-28
Category : Business & Economics
ISBN : 9780393249125

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Platform Revolution: How Networked Markets Are Transforming the Economyand How to Make Them Work for You by Geoffrey G. Parker,Marshall W. Van Alstyne,Sangeet Paul Choudary Pdf

A practical guide to the new economy that is transforming the way we live, work, and play. Uber. Airbnb. Amazon. Apple. PayPal. All of these companies disrupted their markets when they launched. Today they are industry leaders. What’s the secret to their success? These cutting-edge businesses are built on platforms: two-sided markets that are revolutionizing the way we do business. Written by three of the most sought-after experts on platform businesses, Platform Revolution is the first authoritative, fact-based book on platform models. Whether platforms are connecting sellers and buyers, hosts and visitors, or drivers with people who need a ride, Geoffrey G. Parker, Marshall W. Van Alstyne, and Sangeet Paul Choudary reveal the what, how, and why of this revolution and provide the first “owner’s manual” for creating a successful platform business. Platform Revolution teaches newcomers how to start and run a successful platform business, explaining ways to identify prime markets and monetize networks. Addressing current business leaders, the authors reveal strategies behind some of today’s up-and-coming platforms, such as Tinder and SkillShare, and explain how traditional companies can adapt in a changing marketplace. The authors also cover essential issues concerning security, regulation, and consumer trust, while examining markets that may be ripe for a platform revolution, including healthcare, education, and energy. As digital networks increase in ubiquity, businesses that do a better job of harnessing the power of the platform will win. An indispensable guide, Platform Revolution charts out the brilliant future of platforms and reveals how they will irrevocably alter the lives and careers of millions.

Market definition and market power in the platform economy

Author : Jens-Uwe Franck,Martin Peitz
Publisher : Centre on Regulation in Europe asbl (CERRE)
Page : 96 pages
File Size : 52,7 Mb
Release : 2019-05-08
Category : Law
ISBN : 8210379456XXX

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Market definition and market power in the platform economy by Jens-Uwe Franck,Martin Peitz Pdf

With the rise of digital platforms and the natural tendency of markets involving platforms to become concentrated, competition authorities and courts are more frequently in a position to investigate and decide merger and abuse cases that involve platforms. This report provides guidance on how to define markets and on how to assess market power when dealing with two-sided platforms. DEFINITION Competition authorities and courts are well advised to uniformly use a multi-markets approach when defining markets in the context of two-sided platforms. The multi-markets approach is the more flexible instrument compared to the competing single-market approach that defines a single market for both sides of a platform, as the former naturally accounts for different substitution possibilities by the user groups on the two sides of the platform. While one might think of conditions under which a single-market approach could be feasible, the necessary conditions are so severe that it would only be applicable under rare circumstances. To fully appreciate business activities in platform markets from a competition law point of view, and to do justice to competition law’s purpose, which is to protect consumer welfare, the legal concept of a “market” should not be interpreted as requiring a price to be paid by one party to the other. It is not sufficient to consider the activities on the “unpaid side” of the platform only indirectly by way of including them in the competition law analysis of the “paid side” of the platform. Such an approach would exclude certain activities and ensuing positive or negative effects on consumer welfare altogether from the radar of competition law. Instead, competition practice should recognize straightforwardly that there can be “markets” for products offered free of charge, i.e. without monetary consideration by those who receive the product. ASSESSMENT The application of competition law often requires an assessment of market power. Using market shares as indicators of market power, in addition to all the difficulties in standard markets, raises further issues for two-sided platforms. When calculating revenue shares, the only reasonable option is to use the sum of revenues on all sides of the platform. Then, such shares should not be interpreted as market shares as they are aggregated over two interdependent markets. Large revenue shares appear to be a meaningful indicator of market power if all undertakings under consideration serve the same sides. However, they are often not meaningful if undertakings active in the relevant markets follow different business models. Given potentially strong cross-group external effects, market shares are less apt in the context of two-sided platforms to indicate market power (or the lack of it). Barriers to entry are at the core of persistent market power and, thus, the entrenchment of incumbent platforms. They deserve careful examination by competition authorities. Barriers to entry may arise due to users’ coordination failure in the presence of network effect. On two-sided platforms, users on both sides of the market have to coordinate their expectations. Barriers to entry are more likely to be present if an industry does not attract new users and if it does not undergo major technological change. Switching costs and network effects may go hand in hand: consumer switching costs sometimes depend on the number of platform users and, in this case, barriers to entry from consumer switching costs increase with platform size. Since market power is related to barriers to entry, the absence of entry attempts may be seen as an indication of market power. However, entry threats may arise from firms offering quite different services, as long as they provide a new home for users’ attention and needs.

Platform Economics

Author : Cristiano Codagnone,Athina Karatzogianni,Jacob Matthews
Publisher : Emerald Group Publishing
Page : 216 pages
File Size : 41,8 Mb
Release : 2018-11-23
Category : Business & Economics
ISBN : 9781787438095

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Platform Economics by Cristiano Codagnone,Athina Karatzogianni,Jacob Matthews Pdf

Platform Economics tackles head on the rhetoric surrounding the so-called “sharing economy”, which has muddied public debate and has contributed to a lack of policy and regulatory intervention.

Platform Capitalism

Author : Nick Srnicek
Publisher : John Wiley & Sons
Page : 120 pages
File Size : 41,5 Mb
Release : 2017-05-23
Category : Philosophy
ISBN : 9781509504886

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Platform Capitalism by Nick Srnicek Pdf

What unites Google and Facebook, Apple and Microsoft, Siemens and GE, Uber and Airbnb? Across a wide range of sectors, these firms are transforming themselves into platforms: businesses that provide the hardware and software foundation for others to operate on. This transformation signals a major shift in how capitalist firms operate and how they interact with the rest of the economy: the emergence of platform capitalism. This book critically examines these new business forms, tracing their genesis from the long downturn of the 1970s to the boom and bust of the 1990s and the aftershocks of the 2008 crisis. It shows how the fundamental foundations of the economy are rapidly being carved up among a small number of monopolistic platforms, and how the platform introduces new tendencies within capitalism that pose significant challenges to any vision of a post-capitalist future. This book will be essential reading for anyone who wants to understand how the most powerful tech companies of our time are transforming the global economy."

The Digital Platform Economy Index 2020

Author : László Szerb,Eva Somogyine Komlosi,Zoltan J. Acs,Esteban Lafuente,Abraham K. Song
Publisher : Springer Nature
Page : 79 pages
File Size : 48,6 Mb
Release : 2022-01-03
Category : Business & Economics
ISBN : 9783030896515

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The Digital Platform Economy Index 2020 by László Szerb,Eva Somogyine Komlosi,Zoltan J. Acs,Esteban Lafuente,Abraham K. Song Pdf

This book presents the 2020 Digital Platform Economy Index (DPE Index). The DPE Index integrates two separate but related literatures on ecosystems, namely, the digital ecosystem and the entrepreneurial ecosystem. This new framework situates digital entrepreneurship within the broader context of users, platforms, and institutions, such that two biotic entities (users and agents) actuate individual agency, and two abiotic components (digital infrastructure and digital platforms) form the external environment. The DPE Index framework includes 12 pillars that integrate the digital and the entrepreneurship ecosystems. Here, the authors report on the DPE Index, the four sub-indices, and the 12 pillar values for 116 countries as well as provide a cluster analysis based on the 12 pillars.

Collaborative Value Co-creation in the Platform Economy

Author : Anssi Smedlund,Arto Lindblom,Lasse Mitronen
Publisher : Springer
Page : 268 pages
File Size : 55,5 Mb
Release : 2018-07-11
Category : Political Science
ISBN : 9789811089565

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Collaborative Value Co-creation in the Platform Economy by Anssi Smedlund,Arto Lindblom,Lasse Mitronen Pdf

This book offers a service science perspective on platform orchestration and on collaborative consumption, providing an overview of research topics related to service dominant logic in multi-sided markets. The chapters give an international and multi-disciplinary overview of the current topics of digital service platforms from many angles. This overview helps in filling the gap between service science and recent research of the platform economy and paves the way for future service platform research. Open standards and distributed databases such as blockchain configurations increase the connectivity of business ecosystems as devices and systems exchange data with each other instead of through intermediaries. This exchange opens up opportunities for new value constellations, makes services globally scalable, and connects local service systems as integrated systems of systems. The book brings together established academics from a number of disciplines. This collaboration makes it possible to provide novel constructs and empirical results that help the reader to understand how value is co-created and orchestrated in the era of digital service platforms. In addition to theory building, practical implications for wider managerial and policy use are highlighted. The topics in this book are related to service platform technologies; organizational capabilities; and strategies and management in the contexts of retail, healthcare, and the public sector. A wide selection of case studies is used to demonstrate the implications of platforms for different service and economic contexts. Combining both theory and practice, this book is highly recommended for readers interested in the service and marketing point of view on the platform economy and for practitioners strategizing for scalable service platforms. Chapters 4 and 10 are available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

Banks and Fintech on Platform Economies

Author : Paolo Sironi
Publisher : John Wiley & Sons
Page : 278 pages
File Size : 55,7 Mb
Release : 2021-11-22
Category : Business & Economics
ISBN : 9781119756972

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Banks and Fintech on Platform Economies by Paolo Sironi Pdf

Discover the future of the financial services industry with this insightful new resource on Contextual and Conscious Banking In Banks and Fintech on Platform Economies: Contextual and Conscious Banking, accomplished fintech professional and author Paolo Sironi delivers an insightful examination of how platform theory, born outside of financial services, will make its way inside banking and financial markets to radically transform the way firms do business. You’ll learn why the financial services industry must master the necessary shift of focus from selling business outputs to selling client outcomes. You’ll also discover how to steer the industry towards new forms of digital transformation underpinned by Contextual Banking and Conscious Banking platform strategies that will benefit stakeholders of all kinds. This important book: Describes the shift in mindset necessary to help banks strengthen and extend the reach of their Banking-as-a-Service and Banking-as-a-Platform operations. Shows how a renewed interpretation of fundamental uncertainty inspires the usage of exponential technologies to achieve architectural resilience, and open the reference theory to spring new business models centered on clients’ and ecosystems’ antifragility. Financial services industry can break-out from a narrow space of value-generation to reclaim top spot against bigtech contenders, enjoying greater flexibility and adaptability at lower digital costs Perfect for CEOs, business leaders, regulators, fintech entrepreneurs, wealth managers, behavioral finance researchers and professionals working at financial technology companies, Banks and Fintech on Platform Economieswill also earn a place in the libraries of bankers seeking a firm grasp of the rapidly evolving outcome economy and a view about the future of the industry.