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Networked Cournot Competition in Platform Markets

Lin, Weixuan and Pang, John Z. F. and Bitar, Eilyan and Wierman, Adam (2017) Networked Cournot Competition in Platform Markets. In: 2017 55th Annual Allerton Conference on Communication, Control, and Computing (Allerton). IEEE , Piscataway, NJ, p. 761. ISBN 978-1-5386-3267-3.

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Unlike traditional firms, platforms do not manufacture products. Instead, they arrange matches between firms and consumers, facilitating a safe and simple trading process, providing value for all parties involved. Among the many design considerations for platforms is the trade-off between transparency and search costs. In this talk, we discuss the impact of transparency and search on the economic efficiency of platforms.

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Pang, John Z. F.0000-0002-6485-7922
Additional Information:© 2017 IEEE. Date Added to IEEE Xplore: 18 January 2018. This work has received support from the NSF through AitF-1637598, CNS-1518941, CPS-154471, ECCS-1351621, and IIP-1632124. The collaboration began while the authors were visiting the Simons Institute for the Theory of Computing.
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Record Number:CaltechAUTHORS:20180125-133803270
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Official Citation:W. Lin, J. Z. F. Pang, E. Bitar and A. Wierman, "Networked cournot competition in platform markets," 2017 55th Annual Allerton Conference on Communication, Control, and Computing (Allerton), Monticello, IL, USA, 2017, pp. 761-761. doi: 10.1109/ALLERTON.2017.8262815
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:84526
Deposited By: Ruth Sustaita
Deposited On:31 Jan 2018 18:47
Last Modified:09 Mar 2020 13:19

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