scholarly journals Platform Competition with Multihoming on Both Sides: Subsidize or Not?

2020 ◽  
Vol 66 (12) ◽  
pp. 5599-5607 ◽  
Author(s):  
Yannis Bakos ◽  
Hanna Halaburda
Keyword(s):  
Business Strategy ◽  
Major Result ◽  
Platform Competition ◽  
The Common ◽  
Strategic Advice ◽  
Two Sides

A major result in the study of two-sided platforms is the strategic interdependence between the two sides of the same platform, leading to the implication that a platform can maximize its total profits by subsidizing one of its sides. We show that this result largely depends on assuming that at least one side of the market single-homes. As technology makes joining multiple platforms easier, we increasingly observe that participants on both sides of two-sided platforms multihome. The case of multihoming on both sides is mostly ignored in the literature on competition between two-sided platforms. We help to fill this gap by developing a model for platform competition in a differentiated setting (a Hotelling line), which is similar to other models in the literature but focuses on the case where at least some agents on each side multihome. We show that when both sides in a platform market multihome, the strategic interdependence between the two sides of the same platform will diminish or even disappear. Our analysis suggests that the common strategic advice to subsidize one side in order to maximize total profits may be limited or even incorrect when both sides multihome, which is an important caveat given the increasing prevalence of multihoming in platform markets. This paper was accepted by Joshua Gans, business strategy.

Negotiations over Accounting Issues: The Congruency of Audit Partner and Chief Financial Officer Recalls

2005 ◽  
Vol 24 (s-1) ◽  
pp. 171-193 ◽  
Author(s):  
Michael Gibbins ◽  
Susan A. McCracken ◽  
Steven E. Salterio
Keyword(s):  
Negotiation Process ◽  
Chief Financial Officers ◽  
Chief Financial Officer ◽  
Relative Importance ◽  
Common Elements ◽  
Contextual Features ◽  
Large Numbers ◽  
The Common ◽  
High Level ◽  
Two Sides

Much of what takes place in auditor-client management negotiations occurs in unobservable settings and normally does not result in publicly available archival records. Recent research has increasingly attempted to probe issues relating to accounting negotiations in part due to recent events in the financial world. In this paper, we compare recalls from the two sides of such negotiations, audit partners, and chief financial officers (CFOs), collected in two field questionnaires. We examine the congruency of the auditors' and the CFOs' negotiation recalls for all negotiation elements and features that were common across the two questionnaires (detailed analyses of the questionnaires are reported elsewhere). The results show largely congruent recall: only limited divergences in recall of common elements and features. Specifically, we show a high level of congruency across CFOs and audit partners in the type of issues negotiated, parties involved in resolving the issue, and the elements making up the negotiation process, including agreement on the relative importance of various common accounting contextual features. The analysis of the common accounting contextual features suggests that certain contextual features are consistently important across large numbers of negotiations, whether viewed from the audit partner's or the CFO's perspective, and hence may warrant future study. Finally, the comparative analysis allows us to identify certain common elements and contextual features that may influence both audit partners and CFOs to consider the accounting negotiation setting as mainly distributive (win-lose).

scholarly journals Lay People Representations on the Common Good and Its Financial Provision

SAGE Open ◽  
2018 ◽  
Vol 8 (4) ◽  
pp. 215824401880724 ◽  
Author(s):  
Cinzia Castiglioni ◽  
Edoardo Lozza ◽  
Albino Claudio Bosio
Keyword(s):  
Common Good ◽  
Interpretative Phenomenological Analysis ◽  
Global Financial Crisis ◽  
Photo Elicitation ◽  
The Common Good ◽  
The Common ◽  
The Global Financial Crisis ◽  
Two Sides ◽  
Depth Interviews ◽  
Material Exchange

The financial contribution to the common good is a relevant issue to contemporary societies, especially in the wake of the Global Financial Crisis. In the economic literature, taxes and monetary donations have been regarded as two complementary ways of financially providing for the common good. In the psychological literature, instead, they have not been studied in conjunction. In-depth interviews have been conducted using interpretative phenomenological analysis (IPA) approach and a photo-elicitation technique to investigate the representations people share on the financial provision for the common good. Results suggest that both taxes and donations are seen as indirect, rather than direct, ways of providing for the common good. From a formal and cognitive level, paying taxes and making donations can be seen as two sides of the same coin, but they present differences at the affective level. When paying taxes, people are concerned mostly about the effects and expect a material exchange in return; when making a monetary donation, people are concerned mostly about the motivations and expect an emotional exchange in return.

scholarly journals Economic Versus Social Values in Land and Property Management: Two Sides of the Same Coin?

2018 ◽  
Vol 76 (5) ◽  
pp. 381-394 ◽  
Author(s):  
Walter Timo de Vries ◽  
Winrich Voß
Keyword(s):  
Land Management ◽  
Common Ground ◽  
Management Practice ◽  
Value Systems ◽  
Value System ◽  
Management Interventions ◽  
Land Management Practice ◽  
The Common ◽  
Effects Of Land Use ◽  
Two Sides

Abstract This article reviews and analyses how and why land-management practice draws on two contrasting value systems: economic and social. Land managers are at the crossroads of different value systems, which both overlap and contrast. The aim of this article is to provide an understanding of which aspects are crucial in each of the value systems, and to provide a basis for how and where the value systems can be connected and where they are contradictory. This is undertaken using an exploratory qualitative and descriptive comparison, which contrasts the epistemic logics of the value systems, the manner in which each system makes use of different scales, and the way in which decisions are made with each value system. Such an understanding is crucial to improve coherence in designing and predicting the future effects of land-management interventions. Currently, practitioners tend to design interventions based on single value systems, rather than on combining or integrating value systems. The discursive comparison provides the initial steps towards a more coherent understanding of the common ground and the missing links in value logics applied in land management. These results are relevant to provide better descriptions and predictions of the effects of land-use interventions and develop improved transdisciplinary models to predict changes and development in the utilization of land or property.

Business Intelligence Should be Centralized

2012 ◽  
pp. 139-152
Author(s):  
Brian Johnson
Keyword(s):  
Organizational Structure ◽  
Business Intelligence ◽  
Business Strategy ◽  
Center Of Excellence ◽  
Unique Nature ◽  
The Common ◽  
The Impact

The implementation of BI into the business strategy and culture is laden with many potential points that could result in failure of the initiative, leaving BI to be underdeveloped and a source of wasted resources for the company. Due to the unique nature of BI in the business space, properly setting up BI within the organizational structure from the onset of integration minimizes the impact of the most common hurdles to BI implementation. Many companies choose to mitigate these problems by using a centralized approach by building a Center of Excellence, but their place in the company’s organizational structure needs to be well-defined and properly empowered to be effective. This paper also reviews how the concept of centralization is defined, how it relates to the implementation of BI, and how it can effectively in overcome the common implementation hurdles.

Classifying B2B Inter-Organizational Information Systems

2005 ◽  
pp. 55-75
Author(s):  
B. Ilyoo
Keyword(s):  
Business Strategy ◽  
Two Dimensions ◽  
Organizational Systems ◽  
System Support ◽  
Step Process ◽  
Resource Pooling ◽  
Organizational Information ◽  
The Common ◽  
Business To Business ◽  
New Framework

This paper aims at developing a framework for business-to-business (B2B) inter-organizational systems (IOSs), based on real-world IOS examples. Based upon two dimensions, role linkage and system support level, we propose a new framework that classifies IOSs into four basic types: (1) resource pooling, (2) operational cooperation, (3) operational coordination, and (4) complementary cooperation. We review select cases that fit into each category and consider the common characteristics of systems in each category. Then we draw implications for IOS planning and suggest a five-step process for creating an IOS plan. It is argued that each category of IOS needs to be linked with a specific business strategy, although each employs a common technical infrastructure.

The two faces of time

2001 ◽  
Vol 9 (1) ◽  
pp. 11-18
Author(s):  
JAN SOKOL
Keyword(s):  
Linear Time ◽  
Human Experience ◽  
Time Dependent ◽  
Scientific Concept ◽  
Dependent Development ◽  
The Common ◽  
Two Sides

Speaking of a ‘lack of time’, do we mean the same ‘thing’ as the variable ‘t’ in a graph of some time-dependent development? The following article tries to show that both concepts are extreme examples of the two sides, or faces, of the single phenomenon of time, as common and trivial as it is mysterious. Scientific, numerical time is considered first, followed by the time of the common human experience, the time in the present. It is on the basis of this curious ability to ‘keep in presence’ various events that follow one another, that the scientific concept of linear time has been established and, with it, the possibility to measure the time for scientific and practical purposes.

Process Analysis on a Special Projection Welding with Coupled FEM

2004 ◽  
Vol 471-472 ◽  
pp. 795-800 ◽  
Author(s):  
A.H. Luo ◽  
Guan Long Chen
Keyword(s):  
Process Analysis ◽  
Mechanical Analysis ◽  
Collapse Mechanism ◽  
Flow Paths ◽  
Projection Welding ◽  
Electric Resistance Welding ◽  
Nugget Formation ◽  
The Common ◽  
Welding Processes ◽  
Two Sides

Projection welding is a variation of electric resistance welding with the dynamic changes of the flow paths for heat and electrical properties with changing temperature caused by the large plastic deformation with collapse of projection. The common standards of projection welding are AWS, IIW and Harris& Riley which have been established and in use for some time. All these standards have the slots located under the projection. However, the standard proposed in this paper researches on is a special one with the slots designed on the two sides of the projection. A comprehensive thermal-electrical-mechanical analysis was performed to quantitatively simulate the projection welding of the special standard by a coupled finite element method. The electrical, thermal and mechanical aspects of the projection welding processes such as the projection collapse mechanism, the nugget formation process and the effects of different electrode forces were discussed in this paper.

Paying attention and getting attention: two sides of the communication coin

2014 ◽  
Vol 35 (1) ◽  
pp. 56-58
Author(s):  
Dick Martin
Keyword(s):  
Business Strategy ◽  
Design Methodology ◽  
Content Type ◽  
Two Sides ◽  
Personal Viewpoint

Purpose – To increase understanding of communications role in business strategy. Design/methodology/approach – Viewpoint. Findings – Pay greater attention to listening and analysis. Originality/value – Personal viewpoint.

scholarly journals Platform Competition under Asymmetric Information

2013 ◽  
Vol 5 (3) ◽  
pp. 22-68 ◽  
Author(s):  
Hanna Hałaburda ◽  
Yaron Yehezkel
Keyword(s):  
Asymmetric Information ◽  
Market Failure ◽  
New Technology ◽  
Exclusive Dealing ◽  
Platform Competition ◽  
Ex Post ◽  
Market Inefficiency ◽  
The Difference ◽  
Two Sides ◽  
Do So

We consider platform competition in a two-sided market, where the two sides (buyers and sellers) have ex ante uncertainty and ex post asymmetric information concerning the value of a new technology. We find that platform competition may lead to a market failure: competition may result in a lower level of trade and lower welfare than a monopoly, if the difference in the degree of asymmetric information between the two sides is below a certain threshold. Multi-homing solves the market failure resulting from asymmetric information. However, if platforms can impose exclusive dealing, then they will do so, which results in market inefficiency. (JEL D41, D42, D82, D83, L11, L12)

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