- Date7 mars 2023
- Heure 14:00 - 15:00
- Lieu Zoom Meeting
Résumé
Biased recommendations arise naturally in a market with heterogeneous consumers:
a seller oers a product to a mix of consumers who can purchase through an intermediary
or directly from a seller. \Picky" consumers are uncertain about match quality,
which they observe only after purchase, while \
exible" consumers are always happy
with the match. Therefore, picky consumers rely on the intermediary's recommendation.
We provide conditions under which the intermediary will recommend a welfarereducing
bad match with positive probability, resulting in in
ated recommendations.
Regulatory interventions may lead to higher social welfare. However, a regulatory intervention
that prohibits recommending bad matches may backre.
Document(s) associé(s)
Autres séminaires
When Does Quality Beat Data? Gaining Momentum in Dynamic Platform Competition
-
Séminaire
-
Economics of Platforms Seminar
-
Date 3 décembre 2026
-
Lieu Zoom
-
Orateur / organisateur Hanna Halaburda (NYU Stern School of Business)
Détails
An Empirical Framework for Platform Markets
-
Séminaire
-
Economics of Platforms Seminar
-
Date 5 novembre 2026
-
Lieu Zoom
-
Orateur / organisateur Tobias Klein (Tilburg University)
Détails
Passé
Decoding Rankings: Consumer Search, Price Competition, and Platform Regulation
-
Séminaire
-
Economics of Platforms Seminar
-
Date 1 octobre 2026
-
Lieu Zoom
-
Orateur / organisateur Hanlin Zhao
Détails