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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.

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

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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