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作者:Liu, Zekun; Zhang, Dennis J.; Zhang, Fuqiang
作者单位:New York University; Washington University (WUSTL)
摘要:Problem definition: This paper studies the information-sharing strategy for a retail platform on which multiple competing sellers distribute their products. Academic/practical relevance: Because of the rapid growth of retail platforms in recent years, information sharing has become an increasingly important issue because retail platforms can gather an enormous amount of consumer information that may not be visible to the sellers. Understanding how to share such information with those sellers w...
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作者:Perakis, Georgia
作者单位:Massachusetts Institute of Technology (MIT)
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作者:Benjaafar, Saif; Hu, Ming
作者单位:University of Minnesota System; University of Minnesota Twin Cities; University of Toronto
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作者:Tian, Lin; Jiang, Baojun; Xu, Yifan
作者单位:Fudan University; Washington University (WUSTL)
摘要:Problem definition: Mobile communications technologies and online platforms have enabled large-scale consumer-to-consumer (C2C) sharing of their underutilized products. This paper studies a manufacturer's optimal entry strategy in the product-sharing market and the economic implications of its entry. Academic/practical relevance: Sharing of products or services among consumers has experienced dramatic growth in recent years. The impact of C2C sharing on traditional firms can be very significan...
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作者:Birge, John; Candogan, Ozan; Chen, Hongfan; Saban, Daniela
作者单位:University of Chicago; Stanford University
摘要:Problem definition: We consider a platform that charges commission rates and subscription fees to sellers and buyers for facilitating transactions but does not directly control the transaction prices, which are endogenously determined. Buyers and sellers are divided into types, and we represent the compatibility between different types using a bipartite network. Traders are heterogeneous in terms of their valuations, and different types have possibly different value distributions. Buyers may h...
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作者:Garg, Nikhil; Johari, Ramesh
作者单位:Stanford University; Stanford University
摘要:Problem definition: Platforms critically rely on rating systems to learn the quality of market participants. In practice, however, ratings are often highly inflated and therefore, not very informative. In this paper, we first investigate whether the platform can obtain less inflated, more informative ratings by altering the meaning and relative importance of the levels in the rating system. Second, we seek a principled approach for the platform to make these choices in the design of the rating...
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作者:Arnosti, Nick; Johari, Ramesh; Kanoria, Yash
作者单位:Columbia University; Stanford University
摘要:Problem definition: Participants in matching markets face search and screening costs when seeking a match. We study how platform design can reduce the effort required to find a suitable partner. Practical/academic relevance: The success of matching platforms requires designs that minimize search effort and facilitate efficient market clearing. Methodology: We study a game-theoretic model in which applicants and employers pay costs to search and screen. An important feature of our model is that...
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作者:Jiang, Zhaohui (Zoey); Huang, Yan; Beil, Damian R.
作者单位:University of Michigan System; University of Michigan; Carnegie Mellon University
摘要:Problem definition: This paper studies the role of seekers' problem specification in crowdsourcing contests for design problems. Academic/practical relevance: Platforms hosting design contests offer detailed guidance for seekers to specify their problems when launching a contest. Yet problem specification in such crowdsourcing contests is something the theoretical and empirical literature has largely overlooked. We aim to fill this gap by offering an empirically validated model to generate ins...
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作者:Korpeoglu, C. Gizem; Korpeoglu, Ersin; Tunc, Sidika
作者单位:Eindhoven University of Technology; University of London; University College London
摘要:Problem definition: We study the contest duration and the award scheme of an innovation contest where an organizer elicits solutions to an innovation-related problem from a group of agents. Academic/practical relevance: Our interviews with practitioners at crowdsourcing platforms have revealed that the duration of a contest is an important operational decision. Yet, the theoretical literature has long overlooked this decision. Also, the literature fails to adequately explain why giving multipl...
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作者:Burtch, Gordon; Gupta, Diwakar; Martin, Paola
作者单位:University of Minnesota System; University of Minnesota Twin Cities; University of Texas System; University of Texas Austin
摘要:Problem definition: Crowdfunding, a relatively new approach for raising capital for early-stage ventures, has grown by leaps and bounds in the past few years. Entrepreneurs launch a campaign on a web platform and solicit contributions from many potential backers. A primary way that entrepreneurs affect fundraising is by leveraging their social networks to drive traffic to their campaign. Weaddress the following question: When should an entrepreneur send out referral links to impel traffic to t...