G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16231
DP16231 Attention Oligopoly
Andrea Prat; Tommaso Valletti
发表日期2021-06-08
出版年2021
语种英语
摘要We model digital platforms as attention brokers that have proprietary information about their users' product preference and sell targeted ad space to retail product industries. Retail producers - incumbents or entrants - compete for access to this attention bottleneck. We discuss when increased concentration among attention brokers results in a tightening of the attention bottleneck, leading to higher ad prices, fewer ads being sold to entrants, and lower consumer welfare in the product industries. The welfare effect is characterized in terms of patterns of individual usage across platforms. A merger assessment that relies on aggregate platform usage alone can be highly biased.
主题Industrial Organization
关键词Digital platforms Mergers Targeted advertising
URLhttps://cepr.org/publications/dp16231
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/545199
推荐引用方式
GB/T 7714
Andrea Prat,Tommaso Valletti. DP16231 Attention Oligopoly. 2021.
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