TY - GEN AU - Belleflamme,Paul AU - Peitz,Martin TI - The Economics of platforms: : concepts and strategy SN - 9781108710749 U1 - 338.7 23 PY - 2021/// CY - UK PB - CUP KW - Economics KW - Business & Economics KW - Microeconomics N1 - Includes bibliography and index; Platforms: definitions and typology -- Rating recommendations and the use of big data -- An economic primer on network goods -- Growing a platform -- Platform pricing -- Platform design -- The road ahead N2 - Digital platforms controlled by Alibaba, Alphabet, Amazon, Facebook, Netflix, Tencent and Uber have transformed not only the ways we do business, but also the very nature of people's everyday lives. It is of vital importance that we understand the economic principles governing how these platforms operate. This book explains the driving forces behind any platform business with a focus on network effects. The authors use short case studies and real-world applications to explain key concepts such as how platforms manage network effects and which price and non-price strategies they choose. This self-contained text is the first to offer a systematic and formalized account of what platforms are and how they operate, concisely incorporating path-breaking insights in economics over the last twenty years ER -