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DigitalComp SIGNED

Algorithms, Digital Platforms and Competition

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 DigitalComp project word cloud

Explore the words cloud of the DigitalComp project. It provides you a very rough idea of what is the project "DigitalComp" about.

strategies    barriers    supply    productivity    source    chapters    demand    automation    accountability    business    fast    tomorrow    evaluates    industries    explores    core    illustrates    learning    dealing    transparency    position    policy    displacement    single    operation    firm    online    automated    drastic    defines    provides    expansion    machine    commerce    big    platforms    economy    innovation    immense    robots    digital    algorithms    creation    nature    firms    match    equilibrium    time    insights    create    drive    introduction    regulatory    priorities    first    decision    personal    disruptive    develops    models    assesses    incentives    employment    algorithmic    input    strategy    data    conserve    market    controversy    methodology    principles    society    identifies    separated    agenda    consumers    labor    entry    power    chapter    competitors    optimal    deals    economic    estimating    markets    discriminate    dynamic    competition   

Project "DigitalComp" data sheet

The following table provides information about the project.

Coordinator
BRUEGEL AISBL* 

Organization address
address: RUE DE LA CHARITE 33
city: BRUXELLES
postcode: 1210
website: www.bruegel.org

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Belgium [BE]
 Total cost 240˙530 €
 EC max contribution 240˙530 € (100%)
 Programme 1. H2020-EU.1.3.2. (Nurturing excellence by means of cross-border and cross-sector mobility)
 Code Call H2020-MSCA-IF-2017
 Funding Scheme MSCA-IF-GF
 Starting year 2019
 Duration (year-month-day) from 2019-02-11   to  2022-02-10

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    BRUEGEL AISBL* BE (BRUXELLES) coordinator 240˙530.00
2    MASSACHUSETTS INSTITUTE OF TECHNOLOGY US (CAMBRIDGE) partner 0.00

Map

 Project objective

Dealing with challenges associated to digital platforms is currently one of the top three priorities according to the European Commission’s Digital Single Market strategy. Platforms can create immense value for the economy, online commerce and drive up productivity. But, at the same time, they have been disruptive and source of regulatory controversy. By design, in the core of platforms’ business models there are algorithms which are based on machine learning principles and use personal data as input to match efficiently and at real time supply with demand. This project analyses the dynamic impact of digital platforms on markets and consumers and addresses challenges that are associated with their disruptive operation, using a novel and multi-level economic approach. At the same time, it also explores the impact of algorithmic design and automated systems in decision making, market competition and society. The research agenda is separated in 3 chapters. The first chapter deals with algorithmic competition and evaluates whether big data raise entry barriers and what the incentives of algorithmic systems to discriminate are. It also assesses policy measures to increase algorithmic transparency and accountability. The second chapter deals with the dynamic nature of digital platforms. A firm with significant market power today might not be in the position to conserve its market power tomorrow because of the entry of, or drastic innovation by competitors. The chapter develops a methodology that defines a robust measure of future potential competition. It also provides insights over the creation and expansion of digital platforms in EU and US and illustrates firms' equilibrium market strategies in fast growing markets. Chapter 3 deals with the impact of automation on employment. By estimating the impact of the introduction of robots in EU industries on labor, it identifies the associated labor displacement and productivity effects and the optimal policy response.

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The information about "DIGITALCOMP" are provided by the European Opendata Portal: CORDIS opendata.

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