kaal:claim:3782198-013

Because centralized owners control the platform software they control the market and can dictate prices, charging non transparent fees that adjust to real time supply and demand to maximize their own profit.

Source quote, verbatim

owners control this software and therefore control the market and can dictate prices. They don't charge transparent fees. They adjust to real-time information about supply and demand to maximize their profits.

From

Craig Calcaterra, Wulf A. Kaal, Contemporary Decentralization (2021), History of Web <.> and Web ?.>, p. 10
https://ssrn.com/abstract=3782198 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Contemporary Decentralization (2021). SSRN: https://ssrn.com/abstract=3782198

Holds when

applies to platform businesses such as ride sharing where the owner sets the matching software

Classification

mechanismsupport: argueddecentralization

Verify

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