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040 |aCaOODSP|beng|erda|cCaOODSP
041 |aeng|bfre
043 |an-cn---
0861 |aFB3-5/2022-16E-PDF
1001 |aIchihashi, Shota, |eauthor.
24510|aAddictive platforms / |cby Shota Ichihashi and Byung-Cheol Kim.
264 1|aOttawa, Ontario, Canada : |bBank of Canada = Banque du Canada, |c2022.
264 4|c©2022
300 |a1 online resource (ii, 45 pages) : |bcharts.
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aStaff working paper = |aDocument de travail du personnel, |x1701-9397 ; |v2022-16
500 |a"Last updated: April 1, 2022."
504 |aIncludes bibliographical references (pages 23-26).
520 |a"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.
546 |aIncludes abstract in French.
650 0|aSocial media|xEconomic aspects.
650 0|aConsumer behavior|xEconometric models.
650 6|aMédias sociaux|xAspect économique.
650 6|aConsommateurs|xComportement|xModèles économétriques.
7102 |aBank of Canada, |eissuing body.
830#0|aStaff working paper (Bank of Canada)|v2022-16.|w(CaOODSP)9.806221
85640|qPDF|s625 KB|uhttps://publications.gc.ca/collections/collection_2022/banque-bank-canada/FB3-5-2022-16-eng.pdf