The Economics of Platforms

Name: The Economics of Platforms
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Publisher: Cambridge University Press
ISBN 13: 9781108710749
Book Description: Digital platforms controlled by Alibaba, Alphabet, Amazon, Facebook, Netflix, Tencent and Uber have transformed not only the ways we do business, but also the very nature of people's everyday lives. It is of vital importance that we understand the economic principles governing how these platforms operate. This book explains the driving forces behind any platform business with a focus on network effects. The authors use short case studies and real-world applications to explain key concepts such as how platforms manage network effects and which price and non-price strategies they choose. This self-contained text is the first to offer a systematic and formalized account of what platforms are and how they operate, concisely incorporating path-breaking insights in economics over the last twenty years.
About the Author: Paul Belleflamme is Professor of Economics at UCLouvain.
Language: English
Author: Martin Peitz
Publication Date: 20211111
Number of Pages: 270