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This paper examines the market for AI models in which firms compete to provide accurate model predictions and consumers exhibit heterogeneous preferences for model accuracy. We develop a consumer-firm duopoly model to analyze how…

理论经济学 · 经济学 2025-12-03 Nikhil Kumar

This paper empirically examines the impact of enterprise digital transformation on the level of enterprise diversification. It is found that the digital transformation of enterprises has significantly improved the level of enterprise…

综合经济学 · 经济学 2022-08-31 Ge-zhi Wu , Da-ming You

We empirically study the interplay between exploration and competition. Systems that learn from interactions with users often engage in exploration: making potentially suboptimal decisions in order to acquire new information for future…

计算机科学与博弈论 · 计算机科学 2019-05-03 Guy Aridor , Kevin Liu , Aleksandrs Slivkins , Zhiwei Steven Wu

This paper investigates the impacts of competition in autonomous mobility-on-demand systems. By adopting a network-flow based formulation, we first determine the optimal strategies of profit-maximizing platform operators in monopoly and…

最优化与控制 · 数学 2021-07-27 Berkay Turan , Mahnoosh Alizadeh

Industries can enter one country first, and then enter its neighbors' markets. Firms in the industry can expand trade network through the export behavior of other firms in the industry. If a firm is dependent on a few foreign markets, the…

综合经济学 · 经济学 2020-12-15 Xuejian Wang

A defining feature of digital goods is that replication and degradation are costless: once a high-quality good is produced, low-quality versions can be created and distributed at no additional cost. This paper studies quality-based…

理论经济学 · 经济学 2026-03-10 Pietro Dall'Ara , Elia Sartori

Previous research on two-dimensional extensions of Hotelling's location game has argued that spatial competition leads to maximum differentiation in one dimensions and minimum differentiation in the other dimension. We expand on existing…

综合经济学 · 经济学 2021-03-23 Jeffrey D. Michler , Benjamin M. Gramig

We study whether specific combinations of technological advancements can signal the presence of local capabilities allowing for a given industrial production. To this end, we generate a multi-layer network using country-level patent and…

物理与社会 · 物理学 2019-01-31 Martina Formichini , Giulio Cimini , Emanuele Pugliese , Andrea Gabrielli

Electronic trading markets have evolved rapidly with continued adoption of new technologies and growing in-formation acquisition and processing capabilities. Traditional perspectives on trading performance adopted a mono-lithic view of…

人机交互 · 计算机科学 2020-02-26 Jim Samuel , Richard Holowczak , Alexander Pelaez

Competition between traditional platforms is known to improve user utility by aligning the platform's actions with user preferences. But to what extent is alignment exhibited in data-driven marketplaces? To study this question from a…

计算机科学与博弈论 · 计算机科学 2023-01-18 Meena Jagadeesan , Michael I. Jordan , Nika Haghtalab

Most online platforms strive to learn from interactions with users, and many engage in exploration: making potentially suboptimal choices for the sake of acquiring new information. We study the interplay between exploration and competition:…

计算机科学与博弈论 · 计算机科学 2024-10-15 Guy Aridor , Yishay Mansour , Aleksandrs Slivkins , Zhiwei Steven Wu

Personalized pricing is a business strategy to charge different prices to individual consumers based on their characteristics and behaviors. It has become common practice in many industries nowadays due to the availability of a growing…

计算机与社会 · 计算机科学 2022-02-22 Renzhe Xu , Xingxuan Zhang , Peng Cui , Bo Li , Zheyan Shen , Jiazheng Xu

We study competition between firms that contract with consumers before the consumers fully learn their product preferences. In a Hotelling duopoly, firms screen consumers by offering menus of option contracts. We characterize the unique…

理论经济学 · 经济学 2026-04-30 Ian Ball , Deniz Kattwinkel , Jan Knoepfle

We consider two competing platforms operating in a two-sided market and offering identical services to their customers at potentially different prices. The objective of each platform is to maximize its throughput or revenue by suitably…

最优化与控制 · 数学 2020-02-03 Mansi Sood , Ankur A. Kulkarni , Sharayu Moharir

Gig economy consists of two market groups connected via an intermediary. Popular examples are rideshares where passengers and drivers are mediated via platforms such as Uber and Lyft. In a duopoly market, the platforms must compete to…

计算机科学与博弈论 · 计算机科学 2024-04-18 Pravesh Koirala , Forrest Laine

Industrial sectors such as urban centers, chemical companies, manufacturing facilities, and microgrids are actively exploring strategies to help reduce their carbon footprint. For instance, university campuses are complex urban districts…

最优化与控制 · 数学 2024-01-19 Blake Lopez , Jiaze Ma , Victor M. Zavala

Despite global efforts to harmonize international trade statistics, our understanding of digital trade and its implications remains limited. Here, we introduce a method to estimate bilateral exports and imports for dozens of sectors…

综合经济学 · 经济学 2024-07-25 Viktor Stojkoski , Philipp Koch , Eva Coll , Cesar A. Hidalgo

We introduce the notion of performative power, which measures the ability of a firm operating an algorithmic system, such as a digital content recommendation platform, to cause change in a population of participants. We relate performative…

机器学习 · 计算机科学 2022-11-04 Moritz Hardt , Meena Jagadeesan , Celestine Mendler-Dünner

E-Commerce challenges traditional approaches to assessing monopolistic practices due to the rapid rate of growth, rapid change in technology, difficulty in assessing market share for information products like web sites, and high degree of…

计算机与社会 · 计算机科学 2016-08-31 Tair-Rong Sheu , Kathleen Carley

Technology was created to support and grow Business. Modern business that uses technology efficiently, grows at a phenomenal rate (Statista.com, 2018). The assumption therefore is that businesses that utilize insufficient technology, or use…

计算机与社会 · 计算机科学 2018-08-14 Chaitanya Dhareshwar
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