•Tourism and hospitality is increasingly characterized by platformization•Key issue with tourism platforms is the power asymmetry between platform and users•Conceptual framework of Deliberative ...Governance for Tourism Platforms is developed•More research is needed to apply, refine and expand novel governance approaches
Abstract Platform companies use techniques of algorithmic management to control their users. Though digital marketplaces vary in their use of these techniques, few studies have asked why. This ...question is theoretically consequential. Economic sociology has traditionally focused on the embedded activities of market actors to explain competitive and valuation dynamics in markets. But restrictive platforms can leave little autonomy to market actors. Whether or not the analytical focus on their interactions makes sense thus depends on how restrictive the platform is, turning the question into a first order analytical concern. The paper argues that we can explain why platforms adopt more and less restrictive architectures by focusing on the design logic that informs their construction. Platforms treat markets as search algorithms that blend software computation with human interactions. If the algorithm requires actors to follow narrow scripts of behavior, the platform should become more restrictive. This depends on the need for centralized computation, the degree to which required inputs can be standardized, and the misalignment of interests between users. The paper discusses how these criteria can be mobilized to explain the architectures of four illustrative cases.
•Asset management is being disrupted by digital asset management platforms (DAMPs).•Like other digital platforms, cost savings are coupled to market share concentration.•Unlike other digital ...platforms, disruption mostly involves incremental innovation.•This has encouraged the continued dominance of large financial rather than tech firms.•It has also reinforced the position of leading incumbent asset management centers.
While contemporary technological disruption is increasingly conceptualized in terms of the logic and paradoxes of the digital platform economy, discussions of “FinTech” have only engaged to a limited extent with these debates—particularly from an economic geographic standpoint. Here we fill this gap by proposing an adapted Global Financial Network (GFN) framework for conceptualizing the organizational and geographic logic of the digital platform economy in finance, and applying it to examine the impact of the digital platform model on asset management. As we will show, asset management is being profoundly disrupted by what we dub digital asset management platforms—or DAMPs—which encompass services including index fund and ETF provision, robo-advising, and analytics and trading support. Like other digital platforms, DAMPs do not so much leverage technology to enhance their competitiveness within markets, as to radically restructure the market itself. Also, like other platforms, their rise has produced a winner-take-all paradox of centralization through democratization that defies predictions of technology-enabled industry decentralization. However, the logic and implications of the rise of DAMPs diverges, in other respects, from non-financial digital platforms, as finance has long possessed an informational intensity and regulatory and organizational fluidity characteristic of the digital platform economy. Consequently, the digital platform model has mostly developed endogenously in asset management through incremental innovation by major financial firms—in a process that has reinforced the position of leading incumbent asset management centers, and above all New York—rather than being introduced from the outside by upstart technology firms and clusters.
This article examines the interconnectedness of sex work with the platform economy. It does this by mobilizing two concepts from the platform economy literature: the platform stack (which captures ...the structure of platforms) and interpenetration (which describes the processes through which platforms intersect). Exploring these concepts, the article draws on a dataset of linked platforms used by 54 cam workers and documented observations of 55 different platforms. These platforms include those designed for sex workers as well as those with a more generalist function. In mapping this platform ecology, the article highlights some of the opportunities, barriers and risks that platform interpenetration presents for sex workers.
The present paper studies the extent of infiltration of companies considered to be ecosystems into consumer spending pattern of the Russian population. For this purpose we offered a method of ...ecosystem market share evaluation on the basis of publicly available data of companies and official statistics. We proposed a criterion for dividing ecosystems into advancedand emerging ones. To that end we calculated the index assessing the share infiltration of ecosystems into the consumer market in 2018–2021. Dynamics of implementation of ecosystems in the consumer sector of the Russian Federation is positive but rather low which is indicative of prospects of development.
La gratuità si paga Greppi, Spartaco; Cavalli, Samuele; Marazzi, Christian
2022
eBook
Open access
From riders to interns, from freelancers to part-time workers: employment today is increasingly flexible and precarious. With the tools of social inquiry, the authors present a critical picture of ...the phenomenon of the so-called "free work" in Switzerland, that is a job rendered in the absence of corresponding remuneration.
We investigate an online retailer’s information sharing strategy with a supplier who has already sold products through the online retailer’s retail channel. The supplier now decides whether or not to ...open a commission channel on the retailer’s online marketplace. When engaged in the commission channel, the supplier can directly sell his products to customers by paying a fixed entry fee and a proportional commission fee to the online retailer. We show that the online retailer may have an incentive to share the demand information with the supplier, and such an action may induce the supplier to establish the commission channel. This inducement effect sheds some new intuitions to the literature. Several extensions are considered to verify the robustness of our results. In specific, we also consider a variation of the model in which the supplier leads by making the channel establishment decision before the online retailer’s decision on information sharing, and we identify the firms’ preferences between the two models. Moreover, even with a fully competitive market or with an exogenous wholesale price, our results hold qualitatively.
•We consider the interplay between information sharing and channel establishment.•Information sharing induces the supplier to establish a commission channel.•We identify firms’ preferences towards different decision sequences.•Inducement Effect prevails even if the market is fully competitive.•Results hold even with an exogenous wholesale price or with the boundary solutions.
Uber, the ride-sharing company launched in 2010, has grown at an exponential rate. Using both survey and administrative data, the authors provide the first comprehensive analysis of the labor market ...for Uber’s driver-partners. Drivers appear to be attracted to the Uber platform largely because of the flexibility it offers, the level of compensation, and the fact that earnings per hour do not vary much based on the number of hours worked. Uber’s driver-partners are more similar in terms of their age and education to the general workforce than to taxi drivers and chauffeurs. Most of Uber’s driver-partners had full- or part-time employment before joining Uber, and many continue in those positions after starting to drive with the Uber platform, which makes the flexibility to set their own hours especially valuable. Drivers often cite the desire to smooth fluctuations in their income as one of their reasons for partnering with Uber.
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