G2TT
来源类型Discussion paper
规范类型论文
来源IDDP17351
DP17351 Retailer-led Marketplaces
Sandro Shelegia; Andres Hervas-Drane
发表日期2022-06-06
出版年2022
语种英语
摘要Leading retailers have opened up their online storefronts to competitors by operating marketplaces for third party sellers. We develop a model of entry and price competition at the product market level, and show that the retailer softens competition through control of the storefront and benefits from third party sellers by learning about products and mitigating his own capacity constraints. We examine policy interventions and find that regulation of marketplace fees has the strongest potential to increase welfare outcomes. Our model provides novel insights into the mechanisms at play in retailer-led marketplaces and explains their prominent role in online retail.
主题Industrial Organization
关键词Product entry Price competition Marketplace fees Buy box Observational learning Product assortment
URLhttps://cepr.org/publications/dp17351-0
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/546411
推荐引用方式
GB/T 7714
Sandro Shelegia,Andres Hervas-Drane. DP17351 Retailer-led Marketplaces. 2022.
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