000 01098nam a22001457a 4500
999 _c520709
_d520709
008 221007b ||||| |||| 00| 0 eng d
100 _aTeh, Tat-How
_934809
245 _aPlatform governance
260 _aAmerican Economic Journal: Microeconomics
300 _a14(3), Aug, 2022: p.213-254
520 _aPlatforms that intermediate trades—such as Amazon, Airbnb, and eBay—play a regulatory role in deciding how to govern the marketplaces they create. We propose a framework to analyze a platform's nonprice governance design and its incentive to act in a welfare-enhancing manner. We show that the platform's governance design can be distorted toward inducing insufficient or excessive seller competition, depending on the nature of the fee instrument employed by the platform. These results are illustrated with micro-founded applications to a platform's control over seller entry, information provision and recommendations, quality standards, and search-design choices. – Reproduced
773 _aAmerican Economic Journal: Microeconomics
906 _aONLINE TRADE
942 _cAR