About This Show
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.
Most Recent Episode
EF12: Platforms with Marshall Van Alstyne
6 days ago
Show notes: ide.mit.edu/news-events-media?type_1=podcast
What is a platform and do platforms represent a new form of industrial organization? Marshall Van Alstyne, professor at Boston University and research associate at the MIT Initiative on the Digital Economy, joins us for a conversation on these topics. We start by discussing the fundamental economics of platforms. Next, we attempt to tackle the following questions: What generates market power on platforms? Do platforms improve efficiency by internalizing externalities or do they create distortions? What are the sources of demand side network effects? Does Google create a competitive bottleneck? When is regulation of platforms appropriate? When should a firm adopt a platform strategy?