Overview
Digital platforms have transformed the way we interact and conduct business in the modern economy. They connect users, facilitate transactions, and create significant economic value through various services. Understanding how these platforms operate, including concepts like network effects and data ...
Key Terms
Example: Amazon is a digital platform for e-commerce.
Example: More users on Facebook make it more valuable.
Example: Selling user data to advertisers.
Example: Likes and shares on social media.
Example: Uber operates in the platform economy.
Example: Shopping on eBay.