Economic Frontiers is a podcast about the frontier of economics research regarding technology, innovation, and digitization. Each episode brings in a leading researcher or research team for a discussion of their work and its broader implications.
This podcast is sponsored by the MIT Initiative on the Digital Economy (IDE). The IDE is an effort focused on the impact of digital technology on businesses, the economy, and society. Drawing on MIT Sloan’s strengths in technology and innovation, its internationally recognized faculty, and more than a decade of research and partnership with MIT Sloan’s Center for Digital Business, the IDE is analyzing the broad sociological changes brought about by the advance and spread of digital technology.
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Economic Frontiers is a podcast about the frontier of economics research regarding technology, innovation, and digitization. Each episode brings in a leading researcher or research team for a discussion of their work and its broader implications.
This podcast is sponsored by the MIT Initiative on the Digital Economy (IDE). The IDE is an effort focused on the impact of digital technology on businesses, the economy, and society. Drawing on MIT Sloan’s strengths in technology and innovation, its internationally recognized faculty, and more than a decade of research and partnership with MIT Sloan’s Center for Digital Business, the IDE is analyzing the broad sociological changes brought about by the advance and spread of digital technology.
EF3: Marketplace Design and Strategy w/ Greg Lewis
Economic Frontiers
47 minutes 1 second
10 years ago
EF3: Marketplace Design and Strategy w/ Greg Lewis
Show notes: http://ide.mit.edu/news-events-media/podcasts/ef3-marketplace-design-and-strategy-w-greg-lewis
This podcast is about economic issues related to online marketplaces and platforms. We are joined by Greg Lewis, Senior Researcher at Microsoft Research, who is one of the leading experts in this new and growing field. Why have companies like Amazon, Microsoft, and eBay been hiring a lot of economists? We discuss the unique perspective that industrial organization economists have in using data to make strategic and market design decisions. We then discuss how the search ranking algorithm and other platform policies can be used as strategic tools to incentivize platform participants. Next, we talk about why it's difficult to measure the effects of changes to a platform even when experiments are possible. We then move on to a conversation about platform fees and the chicken and egg problem in platforms. Lastly, we discuss emerging issues such as competition in cloud computing.
Economic Frontiers
Economic Frontiers is a podcast about the frontier of economics research regarding technology, innovation, and digitization. Each episode brings in a leading researcher or research team for a discussion of their work and its broader implications.
This podcast is sponsored by the MIT Initiative on the Digital Economy (IDE). The IDE is an effort focused on the impact of digital technology on businesses, the economy, and society. Drawing on MIT Sloan’s strengths in technology and innovation, its internationally recognized faculty, and more than a decade of research and partnership with MIT Sloan’s Center for Digital Business, the IDE is analyzing the broad sociological changes brought about by the advance and spread of digital technology.
