Over the past three decades, platform competition—the competition between firms that
facilitate transactions and govern interactions between two or more distinct user groups who …

Airbnb, a leader of P2P accommodation markets, has acknowledged that “trust is what
makes Airbnb work” and has implemented several trust indicators over the years: reputation …

Profit-seeking firms are stereotypically depicted as immoral and harmful to society. At the
same time, profit-driven enterprise has contributed immensely to human prosperity. Though …

Auctions were very popular in the early days of internet commerce, but today online sellers
mostly use posted prices. We model the choice between auctions and posted prices as a …

To mitigate inefficiencies arising from asymmetric information, some markets rely on
government interventions, whereas others rely on reputation systems, warranties, or …

The increasingly heavier burden of government spending on food safety supervision is a
common problem faced by regulatory agencies in various countries. Traceability is an …

We use data from eBay to identify hundreds of thousands of instances in which retailers
posted otherwise identical product listings with targeted variation in pricing and auction …

Research on multisided platforms has emphasized how platform owners accumulate
significant power over other platform actors, such as producers and customers, arguing for …

Researchers are increasingly able to observe consumers' behavior prior to a purchase, such
as their navigation through a store or website and the products they consider. Such pre …

We present new theory and experimental findings indicating that investors ascribe value to
firms that use higher financial reporting quality (FRQ), controlling for the influence of higher …