Professor at Boston University's Questrom School of Business. Expert on platforms and AI businesses. https://xitter.cf/t.co/PRtXfZpSeI
Joined March 2009
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Why join a platform that makes you worse off?
In “Platform Traps,” we show how each participant weakens others’ outside options, making joining rational even when all would be better off without the platform.
With Julian Wright. Forthcoming in AEJ Micro.
andreihagiu.com/Platform%20t…
What is the ideal business model?
Julian Wright and I make the case for platforms: the best possible combination of profitability, scalability and defensibility.
The caveats matter. The takeaway: seek platform potential, not just pure platforms.
platformchronicles.substack.…
Does @ChatGPTapp have $300B worth of network effects? Not right now - the network effects are quite weak. But they could become a lot stronger if @OpenAI
turns @ChatGPTapp into a platform similar to iOS/App Store.
hbr.org/2025/05/could-the-gp…
New paper “AI and Competition Policy” forthcoming in IJIO.
Will AI be dominated by a few firms? How will AI affect the market structure for existing sectors? What “traditional” competition policy issues arise with AI and what novel issues does AI raise?
doi.org/10.1016/j.ijindorg.2…
Column for the Korea Herald on #GenerativeAI and competitive advantage
biz.heraldcorp.com/insight/v…
Andrei Hagiu retweeted
The agenda for the premier Platform Strategy summit is posted. Pls join us July 16 to see top tier research questromworld.bu.edu/platfor… @ntwk_platforms @theplatformguy @AnnabelleGawer @g2parker @CarmeloCennamo @BUQuestrom @mit_ide
My new @HarvardBiz article with Julian Wright on how to evaluate defensibility and upside potential for marketplaces. Available online now, will be in the July-August magazine issue. Please share with your marketplace entrepreneur and investor friends!
hbr.org/2024/07/will-that-ma…
Andrei Hagiu retweeted
Miss our group chat with @theplatformguy earlier this week?
This was a great chat where we did a deep dive into topics like network effects, defensibility, the impact AI will have on marketplaces, & more.
The recording is now live!
everythingmarketplaces.com/c…
Used @Thumbtack to hire a plumber and realized there is a design/pricing issue that seems unfair to pros. Here is my understanding of how it works (please correct me if I'm wrong):
Then a pro I didn't hire let me know that my reply cost him $25. @Thumbtack never told me that my replies would cost the pros, but did encourage me to reach out to multiple pros. That seems like blatantly misaligned incentives on their part and not fair to the pros.
Less than three weeks to vote for this (if you think the article is worthy)
Article with Julian Wright "Data-enabled learning, network effects and competitive advantage" has been nominated for the #AntitrustWritingAwards2024
If you think it worthy, please don't hesitate to vote for it (one click and no login required)
#AWA2024
awards.concurrences.com/en/a…
New paper in Management Science on how much discovery #platforms should enable. Making it easier for buyers to discover sellers leads to more transactions, but it also commoditizes sellers. So LESS discovery may sometimes be more attractive to sellers.
pubsonline.informs.org/doi/1…
Andrei Hagiu retweeted
Call for papers on platforms. Deadline April 21. See platforms.bu.edu @g2parker @AnnabelleGawer @pevans_c @benedictevans @ntwk_platforms @gburtch @theplatformguy @profpinar @CarmeloCennamo @DanielTrabucchi @sokol
Article with Julian Wright "Data-enabled learning, network effects and competitive advantage" has been nominated for the #AntitrustWritingAwards2024
If you think it worthy, please don't hesitate to vote for it (one click and no login required)
#AWA2024
awards.concurrences.com/en/a…
Andrei Hagiu retweeted
We wrote a short piece about the economics of the FTC's case against Amazon. Curious to hear your thoughts:
hbr.org/2024/01/understandin…
cc @theplatformguy
New @HarvardBiz article on #GenerativeAI and competitive advantage, with Scott Cook & Julian Wright. Feedback and examples of particularly good/creative implementations of gen AI by established companies most welcome
hbr.org/2024/01/turn-generat…
Andrei Hagiu retweeted
Do you have a platform challenge? #Strategy #Launch? #Monetization? #OpenInnovation? Student teams will produce a 25-page solution for you to boost their learning. Any platform topic in course below possible. Call for projects here: bit.ly/BU_PlatStrat24 Pls Share @sanguit @g2parker @pevans_c @theplatformguy @ntwk_platforms @HamidrezaHoss @CarmeloCennamo @AnnabelleGawer
ALT Call for class projects