Platform liability with reputational sanctions
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- dc.contributor.author De Chiara, Alessandro
- dc.contributor.author Ganuza, Juan José
- dc.contributor.author Gómez, Fernando
- dc.contributor.author Manna, Ester
- dc.contributor.author Segura, Adrián
- dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
- dc.date.accessioned 2024-11-14T10:09:46Z
- dc.date.available 2024-11-14T10:09:46Z
- dc.date.issued 2023-09-01
- dc.date.modified 2024-11-14T10:09:06Z
- dc.description.abstract This paper presents a framework where sellers, an online platform with monopoly power, and consumers transact. We aim to study the interaction between the imposition of liability on the platform, the reputational sanctions exerted by consumers, and the internal measures adopted by the platform to keep in check the sellers, whenever a product generates losses to consumers. We show that introducing direct legal liability of the platform may have both positive and negative effects for safety investments. Additionally, when sellers are heterogeneous (with respect to their sensitivity to the sanctions from consumers or from the platform), legal liability on the platform will have an impact on the selection of participating sellers, although the sign and size of the effect largely depend on paremeter values.
- dc.format.mimetype application/pdf*
- dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=1868
- dc.identifier.citation
- dc.identifier.uri http://hdl.handle.net/10230/68602
- dc.language.iso eng
- dc.relation.ispartofseries Economics and Business Working Papers Series; 1868
- dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- dc.subject.keyword platform liability
- dc.subject.keyword third-party sellers
- dc.subject.keyword reputation
- dc.subject.keyword Business Economics and Industrial Organization
- dc.title Platform liability with reputational sanctions
- dc.title.alternative
- dc.type info:eu-repo/semantics/workingPaper