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DTSTART:20221030T030000
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BEGIN:VEVENT
UID:calendar.130464.field_date.0@www.tse-fr.eu
DTSTAMP:20260308T204055Z
CREATED:20230103T151001Z
DESCRIPTION:Martin Peitz (University  of Mannheim)\, “Inflated Recommendati
 ons”\, Economics of Platforms Seminar\, March 7\, 2023\, 14:00–15:00\, Zoo
 m Meeting.\n\nBiased recommendations arise naturally in a market with hete
 rogeneous consumers:\na seller oers a product to a mix of consumers who ca
 n purchase through an intermediary\nor directly from a seller. \Picky' con
 sumers are uncertain about match quality\,\nwhich they observe only after 
 purchase\, while \\nexible' consumers are always happy\nwith the match. Th
 erefore\, picky consumers rely on the intermediary's recommendation.\nWe p
 rovide conditions under which the intermediary will recommend a welfarered
 ucing\nbad match with positive probability\, resulting in in\nated recomme
 ndations.\nRegulatory interventions may lead to higher social welfare. How
 ever\, a regulatory intervention\nthat prohibits recommending bad matches 
 may backre.
DTSTART;TZID=Europe/Paris:20230307T140000
DTEND;TZID=Europe/Paris:20230307T150000
LAST-MODIFIED:20260113T095129Z
LOCATION:March 7\, 2023\, 14:00–15:00\, Zoom Meeting
SUMMARY:Economics of Platforms Seminar
URL;TYPE=URI:https://www.tse-fr.eu/seminars/2023-inflated-recommendations
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