{"title":"Three things about mobile app commissions","authors":"Joshua S. Gans","doi":"10.1016/j.infoecopol.2024.101114","DOIUrl":"10.1016/j.infoecopol.2024.101114","url":null,"abstract":"<div><div>Mobile app commissions paid by app developers to a monopolist device maker/app store operator are examined. Three results are demonstrated. First, unregulated app commissions are set at a level that maximises consumer surplus. Second, eliminating app commissions will likely lead to higher device prices. Third, requiring a menu of options for consumers as to how device makers receive subsidies from app developers constrains app commissions in a way that provides a more equal balance between consumer versus app developer interests.</div></div>","PeriodicalId":47029,"journal":{"name":"Information Economics and Policy","volume":"69 ","pages":"Article 101114"},"PeriodicalIF":4.5,"publicationDate":"2024-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142651308","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Digital payment systems in emerging economies: Lessons from Kenya, India, Brazil, and Peru","authors":"Jose Aurazo , Farid Gasmi","doi":"10.1016/j.infoecopol.2024.101113","DOIUrl":"10.1016/j.infoecopol.2024.101113","url":null,"abstract":"<div><div>Digitalization of retail payments has facilitated financial inclusion. This is recognized to stimulate growth, alleviate poverty, and address gender disparities in the financial sector. This paper closely examines four prominent payment solutions in the developing world, namely M-Pesa in Kenya, UPI in India, Pix in Brazil, and Yape in Peru. These payment systems differ enough in their key characteristics to draw useful lessons from their successful implementation. We employ a descriptive approach based on a three-dimensional conceptual framework that emphasizes the role played by payment service providers, the role played by regulators and central banks, and the degree of payment system interoperability. We then attempt to make this framework operational by suggesting a way to quantitatively represent the four payment systems examined. While these varied experiences demonstrate that there is no one-size-fits-all solution, they highlight the necessity of active public-private sector cooperation and placing the end user at the center of such initiatives.</div></div>","PeriodicalId":47029,"journal":{"name":"Information Economics and Policy","volume":"69 ","pages":"Article 101113"},"PeriodicalIF":4.5,"publicationDate":"2024-10-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142438429","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"“I don't care about cookies!” data disclosure and time-inconsistent users","authors":"Laura Abrardi , Carlo Cambini , Steffen Hoernig","doi":"10.1016/j.infoecopol.2024.101112","DOIUrl":"10.1016/j.infoecopol.2024.101112","url":null,"abstract":"<div><div>Time-inconsistent internet users neglect future privacy costs and release too much data to digital firms. We study how regulation that requires user consent for data processing affects firm profits, user surplus, and welfare, depending on the degree of time inconsistency and on firms' business models. If the firm appropriates sufficiently high profits from data, consent mechanisms increase welfare only if their design facilitates consent refusal and time inconsistency is neither too high nor too low. If firms can make it difficult to opt out, it may be better for society to let the former choose the disclosure level. However, consent policies increase user surplus when time inconsistency is high. Voluntary caps on usage can raise profits by making some users disclose more data.</div></div>","PeriodicalId":47029,"journal":{"name":"Information Economics and Policy","volume":"69 ","pages":"Article 101112"},"PeriodicalIF":4.5,"publicationDate":"2024-09-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142326658","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Algorithms in the marketplace: An empirical analysis of automated pricing in e-commerce","authors":"Philip Hanspach , Geza Sapi , Marcel Wieting","doi":"10.1016/j.infoecopol.2024.101111","DOIUrl":"10.1016/j.infoecopol.2024.101111","url":null,"abstract":"<div><div>We analyze algorithmic pricing on the largest online marketplace in the Netherlands and Belgium. Based on two months of pricing data for around 2800 products, we find no significant correlation between the use of algorithms and an increase in prices of the Buy Box (the most prominently displayed offer for a product). We document that the presence of an algorithmic seller in monopoly markets goes hand-in-hand with lower prices. This effect is likely due to algorithms correcting excessively high human-set prices. We describe several characteristic algorithmic pricing patterns. While some of these pricing patterns are consistent with algorithmic collusion, such practice appears to be a fringe phenomenon. Overall, our findings call for careful policy with respect to pricing algorithms that remains alert to the possibility of algorithmic collusion but recognizes that pricing algorithms may benefit consumers.</div></div>","PeriodicalId":47029,"journal":{"name":"Information Economics and Policy","volume":"69 ","pages":"Article 101111"},"PeriodicalIF":4.5,"publicationDate":"2024-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142320362","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Sylvain B. Ngassam , Simplice A. Asongu , Gildas Tiwang Ngueuleweu
{"title":"Social media and the fragility of Africa","authors":"Sylvain B. Ngassam , Simplice A. Asongu , Gildas Tiwang Ngueuleweu","doi":"10.1016/j.infoecopol.2024.101104","DOIUrl":"10.1016/j.infoecopol.2024.101104","url":null,"abstract":"<div><p>This research empirically analyzes the effect of social media on fragility. It goes beyond political grounds which oppose techno-optimistic to techno-pessimistic perceptions of the impact of social media to analyze its consequences on global, security, economic and social fragilities. The research uses annual data from a panel of 47 African countries for the period 2000–2018. Results reveal that the use of social media by the public to organize offline political actions has no outcome on global fragility. However, its use by elites for the same end accentuates global state fragility. This operates through security and political fragilities. Fragility is negatively associated with higher civil society participation, education and democracy. The use of social media to organize offline political actions either by people or by elites in the context of higher civil society participation reduces fragility, while its use either by people or by elites in the context of higher educational level accentuates state fragility. The use of social media to organize offline political actions by people in the context of democracy boosts fragility but its use by elites in the same framework reduces fragility. There is a need to sensitize people, especially elites in Africa on the threats and opportunities of social media. There is also a necessity to develop a dynamic, well-educated and well-organized civil society and population in order to better valorize the opportunities that social media represents.</p></div>","PeriodicalId":47029,"journal":{"name":"Information Economics and Policy","volume":"69 ","pages":"Article 101104"},"PeriodicalIF":4.5,"publicationDate":"2024-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S016762452400026X/pdfft?md5=58f108e1a9de890b1b954ae3a5704d4d&pid=1-s2.0-S016762452400026X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142151393","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Strategic data sales with partial segment profiling","authors":"Flavio Delbono , Carlo Reggiani , Luca Sandrini","doi":"10.1016/j.infoecopol.2024.101102","DOIUrl":"10.1016/j.infoecopol.2024.101102","url":null,"abstract":"<div><p>We analyse the incentives of a data broker to sell consumer-level data that enable personalised pricing to compete with firms when only a fraction of consumers — centred around one firm that we label “central” — are profiled. The central firm can potentially benefit from the data more than the rival ones (“peripheral”). We show that the data broker may decide not to sell the dataset to the central firm and instead trade with its peripheral competitors. In particular, we identify a strategic reaction of competitors that want to prevent that data increase competition.</p></div>","PeriodicalId":47029,"journal":{"name":"Information Economics and Policy","volume":"68 ","pages":"Article 101102"},"PeriodicalIF":4.5,"publicationDate":"2024-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0167624524000246/pdfft?md5=02d094e6f6baea0e6514dc7f3e189f6e&pid=1-s2.0-S0167624524000246-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142075803","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
François Moreau , Patrik Wikström , Ola Haampland , Rune Johannessen
{"title":"Alternative payment models in the music streaming market: A comparative approach based on stream-level data","authors":"François Moreau , Patrik Wikström , Ola Haampland , Rune Johannessen","doi":"10.1016/j.infoecopol.2024.101103","DOIUrl":"10.1016/j.infoecopol.2024.101103","url":null,"abstract":"<div><p>Music streaming platforms’ models for sharing revenues with content providers have been the subject of intense debate for nearly a decade. The dominating model involves pooling platform revenues and allocating these funds to songs based on a song's share of the total number of platform streams. Since this model has several controversial consequences, alternative models have been proposed. This paper uses a novel approach to assess the two most discussed models – the “user-centric” and the “artist-centric”. Our approach relies on a unique data set of 154,505 streaming platform users (890 million streams) and simulates how a large-scale implementation of these models may reallocate revenues across different songs and rightsholders. We disentangle the static effects of a transition to a “user-centric” or an “artist-centric” model across each of six different song characteristics. We then compare the results of the two models. We show that contrary to its objective, an artist-centric payment system does not significantly improve remuneration to professional artists while the user-centric payment system would generate more significant changes in revenue reallocation, mainly at the expense of Rap & Hip-hop songs, superstars and new releases. Finally, we analyze the positions of the various stakeholders with regard to each of them.</p></div>","PeriodicalId":47029,"journal":{"name":"Information Economics and Policy","volume":"68 ","pages":"Article 101103"},"PeriodicalIF":4.5,"publicationDate":"2024-08-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0167624524000258/pdfft?md5=8dad3ee059159bd7ffd016a9cc83593e&pid=1-s2.0-S0167624524000258-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142083657","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Ubaid Ali , Mazhar Mughal , Muhammad Ayaz , Junaid Ahmed
{"title":"Migrant remittances and the adoption of information and communication technology","authors":"Ubaid Ali , Mazhar Mughal , Muhammad Ayaz , Junaid Ahmed","doi":"10.1016/j.infoecopol.2024.101101","DOIUrl":"https://doi.org/10.1016/j.infoecopol.2024.101101","url":null,"abstract":"<div><p>In this study, we demonstrate that migrant families adopt ICT more than non-migrant households, the diffusion is higher among the recipients of remittances resulting from the long-duration, long-distance international migration than the short-duration, short-distance migration, and that foreign remittance recipients adopt advanced technologies to a greater extent compared to domestic remittance-recipients. We empirically test these hypotheses by using data on 160,624 households from the 2019 to 20 round of the Pakistan Social and Living Standards Measurement Survey and employing an instrumental-variable strategy as well as generalized two-step Heckman and Augmented Inverse Probability Weighting estimators. We come up with evidence of the significant effects of remittances on ICT adoption. Households with at least one domestic or international migrant, on average have 0.27 per capita mobile ownership and 0.12 higher probability of having internet at home compared to non-recipient households. This effect is visible more among international-remittance than domestic-remittance-receiving households. ICT adoption also increases with the amount received. We find that remittances accelerate the adoption of smartphones and social media apps. Besides, while international remittances substantially increase the use of smartphones, internet and social media apps, domestic remittances mainly improve basic phone adoption. Remittances also help reduce the rural-urban and male-female digital divide.</p></div>","PeriodicalId":47029,"journal":{"name":"Information Economics and Policy","volume":"68 ","pages":"Article 101101"},"PeriodicalIF":4.5,"publicationDate":"2024-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141607166","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Christina Biedny, Brian E. Whitacre, Andrew J. Van Leuven
{"title":"Do Gigabits Mean Business? “Ultra-Fast” broadband availability's effect on business births","authors":"Christina Biedny, Brian E. Whitacre, Andrew J. Van Leuven","doi":"10.1016/j.infoecopol.2024.101094","DOIUrl":"https://doi.org/10.1016/j.infoecopol.2024.101094","url":null,"abstract":"<div><p>Recent U.S. broadband programs prioritize high-speed infrastructure with download speeds of 100 megabits per second (Mbps) or more. Some internet providers have already built broadband networks capable of gigabit speeds (1000 Mbps) and more of this infrastructure is likely forthcoming due to increased federal support. The availability of this “ultra-fast” internet may have important implications for business creation. Business-level data from Data Axle is combined with the Federal Communication Commission's Form 477 broadband availability data and aggregated to the census block group level to form a six-year panel from 2015 to 2020. We examine the effects of three thresholds of broadband speed availability on business births per 10,000 population in eight U.S. states using an event study design. Results suggest that 100+ Mbps availability increases business births for at least up to five years after being introduced. The impacts are largest in metro block groups and for select industries. Relative to block groups treated at the 100 Mbps level, access to 250 Mbps shows additional benefits for business creation; however, the results for gigabit speed provision are less conclusive. This may change as technology continues to evolve and ultra-fast speed becomes more necessary for business operations.</p></div>","PeriodicalId":47029,"journal":{"name":"Information Economics and Policy","volume":"68 ","pages":"Article 101094"},"PeriodicalIF":2.8,"publicationDate":"2024-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0167624524000167/pdfft?md5=c98f95f8baa658e1227126cd677d8326&pid=1-s2.0-S0167624524000167-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141324290","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Agency model versus wholesale model","authors":"Dingwei Gu , Yangguang Huang","doi":"10.1016/j.infoecopol.2024.101093","DOIUrl":"https://doi.org/10.1016/j.infoecopol.2024.101093","url":null,"abstract":"<div><p>Agency and wholesale models are widely adopted vertical contractual agreements. This paper compares the private incentives and social welfare of these two business models by highlighting the differences in move order and price structure. With a monopoly platform, the agency model dominates the wholesale model with respect to social welfare and the platform's profit if and only if demand is subconvex. With duopoly platforms, having both platforms adopt the agency model is socially desirable, and it is a dominant-strategy Nash equilibrium if demand is weakly convex. Our findings have novel theoretical contributions and offer insights into some influential antitrust cases.</p></div>","PeriodicalId":47029,"journal":{"name":"Information Economics and Policy","volume":"68 ","pages":"Article 101093"},"PeriodicalIF":2.8,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141289701","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}