Harvard Business Review Press author Richard Schmalensee is an economics thought leader. He served as the dean of the MIT Sloan School of Management for nine years and as a Member of the President’s Council of Economic Advisers. We spoke ...
Here is where you can get a copy of Matchmakers Korean Edition Kyobo ...
Matchmakers released a Korean translation in mid July. Here is where you can find ...
What Our Readers In Korea Are Saying A typical company can only satisfy a group of customers, but a matchmaker must solve a much more complex problem. It is important to build trust for customers who are providing value ...
By David S. Evans (Global Economics Group) Abstract: “Two-sided” markets have two different groups of customers that businesses have to get on board to succeed – there is a “chicken-and-egg” problem that needs to be solved. These industries ...
By Doh-Shin Jeon (Toulouse School of Economics), Byung-Cheol Kim (Georgia Institute of Technology) & Domenico Menicucci (Universita’ degli Studi di Firenze) Abstract: In this article we study second-degree price discrimination by a two-sided monopoly platform. We find novel ...
By Mehdi Farajallah (ESC Rennes School of Business), Robert G. Hammond (North Carolina State University) & Thierry Pénard (Université de Rennes) Abstract: How are prices and market outcomes determined on peer-to-peer platforms? More importantly, how should we expect ...
By Matthew Chesnes (Federal Trade Commission) & Ginger Zhe Jin (University of Maryland) Abstract: Beginning in 1997, the Food and Drug Administration (FDA) allowed television advertisements to make major statements about a prescription drug, while referring to detailed ...
By Susan Athey (Stanford), Ivo Parashkevov (Independent), Vishnu Sarukkai (Graduate School of Business – CIRCLE) & Jing Xia (Harvard University) Abstract: This paper develops a model of user adoption and use of virtual currency (such as Bitcoin), and ...
By Gordon Burtch (University of Minnesota), Seth Carnahan (University of Michigan) & Brad N. Greenwood (University of Minnesota) Abstract: We examine how the entry of gig-economy platforms influences local entrepreneurial activity. On one hand, such platforms may reduce ...