MétaCan
Menu
Back to cohort
Record W4375934982 · doi:10.2139/ssrn.4429792

Disintermediation Governance and Complementor Innovation: An Empirical Look at Amazon.com

2023· article· en· W4375934982 on OpenAlexaff
Han Xia, Gaoyang Cai, Grace Gu

Bibliographic record

VenueSSRN Electronic Journal · 2023
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicFinTech, Crowdfunding, Digital Finance
Canadian institutionsKellogg's (Canada)
Fundersnot available
KeywordsDisintermediationAmazon rainforestBusinessCorporate governanceIndustrial organizationBusiness administrationFinance

Abstract

fetched live from OpenAlex

This study investigates how the platform’s disintermediation governance policy (i.e., the policy that disciplines complementors and consumers circumventing the platform to transact directly) affects complementors’ product innovation and launching strategies. We leverage a change in the Communication Guideline on Amazon.com (i.e., the focal platform), which prohibits complementors (i.e., sellers) from sending external website links, telephone numbers, and email addresses to buyers in direct messaging, as a policy shock to Amazon complementors. By conducting a difference-in-differences analysis, we find that the governance policy significantly reduces product innovation on the focal platform among complementors with direct selling channels as measured by the number of new products and the innovativeness of new products. These main effects are mitigated by complementor reputation on Amazon and complementor multihoming. Mechanism analyses show that complementors with direct selling channels increase the number of new products launched through those channels after the policy change (i.e., the switching effect). Moreover, complementors tend to strategically switch innovative and high-value products away from the focal platform while leaving less innovative but price-competitive products on it to attract Amazon consumers before diverting to their direct selling channels (i.e., the bait effect). Our results have implications for platform governance policies regarding disintermediation and its impact on complementor product innovation and launch strategies both on and off the focal platform. This paper was accepted by D. J. Wu, information systems. Funding: G. Gu gratefully acknowledges research support from the USC Marshall School of Business. Supplemental Material: The online appendix and data files are available at https://doi.org/10.1287/mnsc.2024.04439 .

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.013
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.047
Threshold uncertainty score0.094

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0020.013
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0020.005
Science and technology studies0.0010.001
Scholarly communication0.0040.006
Open science0.0010.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0150.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.022
GPT teacher head0.273
Teacher spread0.251 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2023
Admission routes1
Has abstractno

Explore more

Same venueSSRN Electronic JournalSame topicFinTech, Crowdfunding, Digital FinanceFrench-language works237,207