00000nam 2200000zi 4500 9.909777 CaOODSP 20221107182005 m o d f cr |n||||||||| 220404t20222022oncd ob f|0| 0 eng d CaOODSP eng rda CaOODSP eng fre n-cn--- FB3-5/2022-16E-PDF Ichihashi, Shota, author. Addictive platforms / by Shota Ichihashi and Byung-Cheol Kim. Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2022. ©2022 1 online resource (ii, 45 pages) : charts. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff working paper = Document de travail du personnel, 1701-9397 ; 2022-16 "Last updated: April 1, 2022." Includes bibliographical references (pages 23-26). "We study competition for consumer attention, in which platforms can sacrifice service quality for attention. A platform can choose the “addictiveness” of its service. A more addictive platform yields consumers a lower utility of participation but a higher marginal utility of allocating attention. We provide conditions under which increased competition can harm consumers by encouraging platforms to offer low-quality services. In particular, if attention is scarce, increased competition reduces the quality of services because business stealing incentives induce platforms to increase addictiveness. Restricting consumers’ platform usage may decrease addictiveness and improve consumer welfare. A platform’s ability to charge for its service can also decrease addictiveness"--Abstract. Includes abstract in French. Social media Economic aspects. Consumer behavior Econometric models. Médias sociaux Aspect économique. Consommateurs Comportement Modèles économétriques. Bank of Canada, issuing body. Staff working paper (Bank of Canada) 2022-16. (CaOODSP)9.806221 PDF 625 KB https://publications.gc.ca/collections/collection_2022/banque-bank-canada/FB3-5-2022-16-eng.pdf