Lecture: 39612 Digital Markets and Online Platforms - Details

Lecture: 39612 Digital Markets and Online Platforms - Details

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General information

Course name Lecture: 39612 Digital Markets and Online Platforms
Subtitle
Course number 39612
Semester WiSe 24/25
Current number of participants 79
Home institute Lehrstuhl für Wirtschaftsinformatik mit Schwerpunkt Internet- und Telekommunikationswirtschaft
Courses type Lecture in category Lehre (mit Prüfung)
Next date Wednesday, 15.01.2025 12:00 - 14:00 Uhr, Room: (WIWI) HS 7
Type/Form
Pre-requisites
Gem. § 4 der Prüfungs- und Studienordnung für den Masterstudiengang Wirtschaftsinformatik (Information Systems).

Basic knowledge of economics is highly recommended.
Ideally, but not necessarily, basic knowledge of the Internet economy.
Learning organisation
  • Interactive lecture
  • Tutorial
Performance record
Final exam 60 minutes - 100 %
SWS
2
Literatur
Parker, G., van Alstyne M., Choudary S. (2016). Platform Revolution. W. W. Norton & Company, Inc.
Belleflamme, P & M. Peitz (2021). The Economics of Platforms: Concepts and Strategies. Cambridge University Press.
Turnus
jedes Semester / each semester
Qualifikationsziele
Students who have successfully participated in the module “Digital Markets and Online Platforms”,
• explain the current state of research on online platforms, firms' strategies in digital markets and the ongoing policy debate on regulation of digital markets.
• interpret business models, governance and design, and competition in the Internet economy.
• perform a complete analytical (algebraic) equilibrium analysis of game-theoretic models for competition between two-sided platforms.
• understand the design of and computations performed by various types of recommender systems
• illustrate how platform design decisions shape behavior of economic actors on a platform.
• assess how different approaches in the literature contribute to a better understanding of the topic and, where appropriate, to academic or policy debates.
• develop holistic strategies for platform businesses taking into account the idiosyncratic characteristics of digital markets.
Workload
Lecture 2 SWS (30 hrs. attendance and 45 hrs. self-study)
Tutorial 2 SWS (30 hrs. attendance and 45 hrs. self-study)

Es wird mit 15 Semesterwochen gerechnet (14 Vorlesungs- + 1 Prüfungswoche) und jede SWS geht mit 60 Minuten in die Berechnung ein.
Miscellanea
  • All teaching material in English language
  • Teaching language in English
  • Replaces the course “Electronic Markets”, students who have already completed the course “Electronic Markets” (PN: 266200) cannot register for this course.
ECTS points
5

Rooms and times

(WIWI) HS 7
Wednesday: 12:00 - 14:00, weekly (13x)

Fields of study

Module assignments

Comment/Description

The lecture lays a methodological foundation in the economics of digital markets and online platforms, while paying special attention to strategic, technological and behavioral aspects of platform design. Particularly, this includes the following topics:
  • Strategies in digital markets with network effects
  • Ratings, recommender systems, and rankings
  • Pricing on two-sided platforms
  • Foundations and applications of behavioral economics in platform design
  • Competition issues in digital markets and regulation