Should platforms be allowed to sell on their own marketplaces?
成果类型:
Article
署名作者:
Hagiu, Andrei; Teh, Tat-How; Wright, Julian
署名单位:
Boston University; The Chinese University of Hong Kong, Shenzhen; The Chinese University of Hong Kong, Shenzhen; National University of Singapore
刊物名称:
RAND JOURNAL OF ECONOMICS
ISSN/ISSBN:
0741-6261
DOI:
10.1111/1756-2171.12408
发表日期:
2022
页码:
297-327
关键词:
摘要:
A growing number of digital platforms operate in a dual mode: running marketplaces for third-party products, while selling their own products on those marketplaces. We build a model to explore the implications of this controversial practice. We analyze the tradeoffs that arise from a regulatory ban on the dual mode, showing how such a ban can harm consumer surplus and welfare even when the platform would otherwise engage in product imitation and self-preferencing. In the empirically most relevant scenarios, policies that prevent platform imitation and self-preferencing generate better outcomes than an outright ban on the dual mode.
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