{"id":187189,"date":"2011-09-27T00:00:00","date_gmt":"2012-01-17T10:39:50","guid":{"rendered":"https:\/\/www.microsoft.com\/en-us\/research\/msr-research-item\/designing-auction-based-marketplaces-research-and-practice-at-msr\/"},"modified":"2016-08-23T15:31:24","modified_gmt":"2016-08-23T22:31:24","slug":"designing-auction-based-marketplaces-research-and-practice-at-msr","status":"publish","type":"msr-video","link":"https:\/\/www.microsoft.com\/en-us\/research\/video\/designing-auction-based-marketplaces-research-and-practice-at-msr\/","title":{"rendered":"Designing Auction-Based Marketplaces: Research and Practice at MSR"},"content":{"rendered":"<div class=\"asset-content\">\n<p>Platform markets have two groups of users, and these have both direct and indirect network effects throughout the market as a whole. Platform markets include media markets, credit cards, dating, and video games. There are also auction-based platforms, dealing more with advertising, display, and search. What matters in market design is the focus on efficiency and long-term participation, extracting rents and determining participation and first-order issues between competitions.<\/p>\n<\/div>\n<p><!-- .asset-content --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Platform markets have two groups of users, and these have both direct and indirect network effects throughout the market as a whole. Platform markets include media markets, credit cards, dating, and video games. There are also auction-based platforms, dealing more with advertising, display, and search. What matters in market design is the focus on efficiency [&hellip;]<\/p>\n","protected":false},"featured_media":196571,"template":"","meta":{"msr-url-field":"","msr-podcast-episode":"","msrModifiedDate":"","msrModifiedDateEnabled":false,"ep_exclude_from_search":false,"footnotes":""},"research-area":[13546,13555,13547],"msr-video-type":[],"msr-locale":[268875],"msr-impact-theme":[],"msr-pillar":[],"class_list":["post-187189","msr-video","type-msr-video","status-publish","has-post-thumbnail","hentry","msr-research-area-computational-sciences-mathematics","msr-research-area-search-information-retrieval","msr-research-area-systems-and-networking","msr-locale-en_us"],"msr_download_urls":"","msr_external_url":"https:\/\/youtu.be\/KnMxbDiDG74","msr_secondary_video_url":"","msr_video_file":"","_links":{"self":[{"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/msr-video\/187189"}],"collection":[{"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/msr-video"}],"about":[{"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/types\/msr-video"}],"version-history":[{"count":0,"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/msr-video\/187189\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/media\/196571"}],"wp:attachment":[{"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/media?parent=187189"}],"wp:term":[{"taxonomy":"msr-research-area","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/research-area?post=187189"},{"taxonomy":"msr-video-type","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/msr-video-type?post=187189"},{"taxonomy":"msr-locale","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/msr-locale?post=187189"},{"taxonomy":"msr-impact-theme","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/msr-impact-theme?post=187189"},{"taxonomy":"msr-pillar","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/msr-pillar?post=187189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}