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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP17351 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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