TECHNIS webinar 22-10-2024, 13:00 London Time: Erik Madsen NYU, “Insider Imitation".
Please join us for a webinar on Tuesday the 22nd of October 2024 at 13:00 London time i.e. 14:00 Brussels time, 15:00 Athens time. The speaker is Erik Madsen , 美国纽约大学 . The title of the talk is “Insider Imitation". You can find the paper at https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3832712
To find out how to join please visit https://technisnet.org/seminars/
Abstract:?We study how regulating data usage impacts innovation in digital markets. Platforms commonly use proprietary data about third-party sellers to inform their own competing offerings, dampening incentives for innovation. We model this interaction and characterize how data usage restrictions reshape these incentives. An outright ban on data usage may boost or curtail innovation, depending upon the thickness of the right tail of demand for new products. More flexible rules controlling when and what data is made available can always improve the effectiveness of regulation. Our results contribute to an ongoing policy discussion regarding competition in digital markets.