Are “Fangs” Monopolies? A Theory of Disequilibrium Competition With Uncertainty

via IP2 Working Paper Series
Tuesday, April 16, 2019
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Introduction: This paper lays down the rudiments of a descriptive theory of competition among the digital tech platforms known as “FANGs” (Facebook, Amazon, Netflix and Google), amidst rising academic and policy polarization over the answer to what seems to be – at least at the formulation level – a simple question: are FANGs monopolies? 

Read the paper: Are “Fangs” Monopolies? A Theory of Disequilibrium Competition With Uncertainty