Platform Rules: Multi-Sided Platforms as Regulators

This paper provides a basic conceptual framework for interpreting non-price instruments used by multi-sided platforms (MSPs) by analogizing MSPs as "private regulators" who regulate access to and interactions around the platform. We present evidence on Facebook, TopCoder, Roppongi Hills and Harvard Business School to document the "regulatory" role played by MSPs. We find MSPs use nuanced combinations of legal, technological, informational and other instruments (including price-setting) to implement desired outcomes. Non-price instruments were very much at the core of MSP strategies.Platforms, regulation, network effects, distributed innovation

Inefficiencies in Digital Advertising Markets

Digital advertising markets are growing and attracting increased scrutiny. This article explores four market inefficiencies that remain poorly understood: ad effect measurement, frictions between and within advertising channel members, ad blocking, and ad fraud. Although these topics are not unique to digital advertising, each manifests in unique ways in markets for digital ads. The authors identify relevant findings in the academic literature, recent developments in practice, and promising topics for future research

On the feasibility of collaborative green data center ecosystems

The increasing awareness of the impact of the IT sector on the environment, together with economic factors, have fueled many research efforts to reduce the energy expenditure of data centers. Recent work proposes to achieve additional energy savings by exploiting, in concert with customers, service workloads and to reduce data centers’ carbon footprints by adopting demand-response mechanisms between data centers and their energy providers. In this paper, we debate about the incentives that customers and data centers can have to adopt such measures and propose a new service type and pricing scheme that is economically attractive and technically realizable. Simulation results based on real measurements confirm that our scheme can achieve additional energy savings while preserving service performance and the interests of data centers and customers.Peer ReviewedPostprint (author's final draft

Characterizing Location-based Mobile Tracking in Mobile Ad Networks

Mobile apps nowadays are often packaged with third-party ad libraries to monetize user data

Prospects for Valuation in Marine Decision Making in Europe

There is now high-level recognition that the UN Sustainable Development Goals can only be achieved if the decline of ecosystems and biodiversity can be halted and reversed. This will require effective control of ongoing pressures, meaningful protection and enforcement of protected areas, and significant investments in ecosystem restoration. This paper explores the possible use of economic valuation and appraisal in achieving these goals in marine systems and discusses the European marine policy instruments where they should have an important role The paper first briefly reviews the tools of economic valuation and appraisal for marine ecosystem management. A critique of the use of economic valuation and appraisal in marine conservation and restoration is then presented. The paper argues that while progress has been made there remains a pressing need for better integration of marine environmental values in policy processes. It also highlights the fact that the focus on natural capital accounting, and more generally on green/blue growth and market instruments, could create a reliance on exchange values at the expense of welfare values required for policy appraisal

Prospects for Valuation in Marine Decision Making in Europe

There is now high-level recognition that the UN Sustainable Development Goals can only be achieved if the decline of ecosystems and biodiversity can be halted and reversed. This will require effective control of ongoing pressures, meaningful protection and enforcement of protected areas, and significant investments in ecosystem restoration. This paper explores the possible use of economic valuation and appraisal in achieving these goals in marine systems and discusses the European marine policy instruments where they should have an important role The paper first briefly reviews the tools of economic valuation and appraisal for marine ecosystem management. A critique of the use of economic valuation and appraisal in marine conservation and restoration is then presented. The paper argues that while progress has been made there remains a pressing need for better integration of marine environmental values in policy processes. It also highlights the fact that the focus on natural capital accounting, and more generally on green/blue growth and market instruments, could create a reliance on exchange values at the expense of welfare values required for policy appraisal

Prospects for Valuation in Marine Decision Making in Europe

There is now high-level recognition that the UN Sustainable Development Goals can only be achieved if the decline of ecosystems and biodiversity can be halted and reversed. This will require effective control of ongoing pressures, meaningful protection and enforcement of protected areas, and significant investments in ecosystem restoration. This paper explores the possible use of economic valuation and appraisal in achieving these goals in marine systems and discusses the European marine policy instruments where they should have an important role The paper first briefly reviews the tools of economic valuation and appraisal for marine ecosystem management. A critique of the use of economic valuation and appraisal in marine conservation and restoration is then presented. The paper argues that while progress has been made there remains a pressing need for better integration of marine environmental values in policy processes. It also highlights the fact that the focus on natural capital accounting, and more generally on green/blue growth and market instruments, could create a reliance on exchange values at the expense of welfare values required for policy appraisal.publishedVersio

Atlas of Ocean Wealth

The Atlas of Ocean Wealth is the largest collection to date of information about the economic, social and cultural values of coastal and marine habitats from all over the world. It is a synthesis of innovative science, led by The Nature Conservancy (TNC), with many partners around the world. Through these efforts, they've gathered vast new datasets from both traditional and less likely sources.The work includes more than 35 novel and critically important maps that show how nature's value to people varies widely from place to place. They also illustrate nature's potential. These maps show that one can accurately quantify the value of marine resources. Further, by enumerating such values, one can encourage their protection or enhancement for the benefit of people all around the world. In summary, it clearly articulates not just that we need nature, but how much we need it, and where