{"title":"两家社交媒体公司合并后,这两个平台是否应该继续运营?","authors":"Soumya Kanta Mishra, Sumit Sarkar, Apratim Guha","doi":"10.1002/mde.4508","DOIUrl":null,"url":null,"abstract":"<div>\n \n <p>When two social media platform businesses merge, a critical decision for the merged entity is whether to keep both platforms operational. We investigate the role of user-homing and the platforms' user bases and advertiser bases in the decision. The only source of revenue for the platforms is the fees charged to the advertisers for advertising on the platforms. Different groups of advertisers have different platform preferences. The main results show that when all users single-home (multihome), the gain from the merger is more from keeping one (both) platform operational. A merger is welfare increasing if the users single-home.</p>\n </div>","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 5","pages":"2911-2928"},"PeriodicalIF":2.7000,"publicationDate":"2025-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Should Both Platforms Be Kept Operational After a Merger of Two Social Media Businesses?\",\"authors\":\"Soumya Kanta Mishra, Sumit Sarkar, Apratim Guha\",\"doi\":\"10.1002/mde.4508\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div>\\n \\n <p>When two social media platform businesses merge, a critical decision for the merged entity is whether to keep both platforms operational. We investigate the role of user-homing and the platforms' user bases and advertiser bases in the decision. The only source of revenue for the platforms is the fees charged to the advertisers for advertising on the platforms. Different groups of advertisers have different platform preferences. The main results show that when all users single-home (multihome), the gain from the merger is more from keeping one (both) platform operational. A merger is welfare increasing if the users single-home.</p>\\n </div>\",\"PeriodicalId\":18186,\"journal\":{\"name\":\"Managerial and Decision Economics\",\"volume\":\"46 5\",\"pages\":\"2911-2928\"},\"PeriodicalIF\":2.7000,\"publicationDate\":\"2025-02-18\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Managerial and Decision Economics\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1002/mde.4508\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Managerial and Decision Economics","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/mde.4508","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
Should Both Platforms Be Kept Operational After a Merger of Two Social Media Businesses?
When two social media platform businesses merge, a critical decision for the merged entity is whether to keep both platforms operational. We investigate the role of user-homing and the platforms' user bases and advertiser bases in the decision. The only source of revenue for the platforms is the fees charged to the advertisers for advertising on the platforms. Different groups of advertisers have different platform preferences. The main results show that when all users single-home (multihome), the gain from the merger is more from keeping one (both) platform operational. A merger is welfare increasing if the users single-home.
期刊介绍:
Managerial and Decision Economics will publish articles applying economic reasoning to managerial decision-making and management strategy.Management strategy concerns practical decisions that managers face about how to compete, how to succeed, and how to organize to achieve their goals. Economic thinking and analysis provides a critical foundation for strategic decision-making across a variety of dimensions. For example, economic insights may help in determining which activities to outsource and which to perfom internally. They can help unravel questions regarding what drives performance differences among firms and what allows these differences to persist. They can contribute to an appreciation of how industries, organizations, and capabilities evolve.