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Talking about Platforms
Daniel Trabucchi, Tommaso Buganza and Philip Meier
57 episodes
2 days ago
We bring the latest discoveries from the field platform research right into your preferred podcasting app. Digital platforms are omnipresent in almost all of our daily activities – from booking a fitness class to sending or watching a video clip, going through calling a cab, and ordering a pizza…even listening to this podcast – are mediated by multi-sided platforms. Talking About Platforms is the place where we discover and try to make sense of the underlying mechanisms that have enabled and facilitated the rise of the platforms. We enter a critical discussion on what they can become for people, companies, and our society. In every episode we welcome a platform scholar who will share with us one of his/her latest pieces of research, making it accessible to everyone and chatting with us on what platforms are and where they may go in the future.
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Science
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All content for Talking about Platforms is the property of Daniel Trabucchi, Tommaso Buganza and Philip Meier and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
We bring the latest discoveries from the field platform research right into your preferred podcasting app. Digital platforms are omnipresent in almost all of our daily activities – from booking a fitness class to sending or watching a video clip, going through calling a cab, and ordering a pizza…even listening to this podcast – are mediated by multi-sided platforms. Talking About Platforms is the place where we discover and try to make sense of the underlying mechanisms that have enabled and facilitated the rise of the platforms. We enter a critical discussion on what they can become for people, companies, and our society. In every episode we welcome a platform scholar who will share with us one of his/her latest pieces of research, making it accessible to everyone and chatting with us on what platforms are and where they may go in the future.
Show more...
Science
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Externalities and Platform Markets with Paavo Ritala
Talking about Platforms
40 minutes
9 months ago
Externalities and Platform Markets with Paavo Ritala
The discussion begins with positive network externalities, which are broken down into three key factors: accumulation, variety, and utility. Accumulation describes how interconnected items on a platform, such as Wikipedia articles, create value. Variety refers to the value generated by diverse complements, exemplified by apps in an app store. Utility represents the immediate value a platform offers, like an Uber ride. We then explore the concept of negative network externalities, which occur when positive effects become excessive. These include rivalry from increased user numbers, choice overload due to excessive variety, fragmentation from over-accumulation, and value degradation resulting from poor utility. The discussion further introduces the concept of amplified network externalities. This includes network connectivity and horizontal complementarity. Horizontal complementarity, a concept the authors note as underexplored, refers to the value created when platform complements are used together, such as calendar and video conference apps on a smartphone. The authors mention writing another paper focused solely on this concept. They also highlight super apps like WeChat and Grab as examples of platforms attempting to internalize horizontal externalities. This comprehensive framework provides a nuanced understanding of how network effects operate in platform markets, offering insights into both the positive and negative aspects of platform growth and diversification.
Talking about Platforms
We bring the latest discoveries from the field platform research right into your preferred podcasting app. Digital platforms are omnipresent in almost all of our daily activities – from booking a fitness class to sending or watching a video clip, going through calling a cab, and ordering a pizza…even listening to this podcast – are mediated by multi-sided platforms. Talking About Platforms is the place where we discover and try to make sense of the underlying mechanisms that have enabled and facilitated the rise of the platforms. We enter a critical discussion on what they can become for people, companies, and our society. In every episode we welcome a platform scholar who will share with us one of his/her latest pieces of research, making it accessible to everyone and chatting with us on what platforms are and where they may go in the future.