【Master Forum】The Economics of Platforms: Business Model and Competition Policy Challenges

Live Webcast: http://e.vhall.com/639577355

Topic: The Economics of Platforms: Business Model and Competition Policy Challenges

Speaker: Prof. Jean Tirole

Date: May 21, Monday

Time: 9:00-10:15

Venue: Governing Board Meeting Room, Dao Yuan Building
Language：English

Abstract

The world’s 7 largest firms are two-sided platforms. Dominant platforms benefit from direct and indirect network externalities. We will first analyse the business model of platforms. We will then look at how competition authorities should react to this new environment so as to promote innovation without hampering innovation. The third issue we will tackle is that of privacy; while individuals’ stated demands for privacy and actual behavior seem inconsistent, we will shed an economics light on the issue and discuss possible regulation.

Biography

Jean Tirole 

When awarding him solo the Nobel Prize in Economic Sciences in 2014 for his research on understanding and regulating markets, the Royal Swedish Academy of Sciences applauded Jean Tirole as “one of the most influential economists of our times”.

Jean Tirole is scientific director of the Institute for Industrial Economics in Toulouse. He is chairman of the Executive Committee, Institute for Advanced Study in Toulouse (IAST) . He is also affiliated with MIT, where he holds a visiting position, and with EHESS, and is a member of the French Académie des Sciences Morales et Politiques. He was president of the Econometric Society in 1998 and of the European Economic Association in 2001. He has published over two hundred articles in international reviews, as well as twelve scientific books.