"Sanctions in directed trade networks " (with S. Joshi, A. Mahmud and S. Sarangi) Review of International Economics
An online platform often lacks complete information about user-level preferences over networked goods. Can the platform instead utilise information about user-level social networks to maximise profit? We develop a binary choice framework where an online platform generates ad-revenue from a free basic plan (B) and subscription revenue from a fee-based exclusive plan (E). Generic content is costlessly provided on B, but the platform endogenously provides costly personalised incentives on E by leveraging user-level network information. In equilibrium, influential users receive greater incentives, which attract other susceptible users to join E. Comparative statics show how changes in ad-revenue, subscription fee, and users’ bias towards B or E impact platform profit monotonically or non-monotonically, depending on how the change interacts with user-level network statistics like the average influence of users, or the distribution of influence across users. We further analyze whether an increase in strength of network and platform competition increases profit.
In a post land reform environment, violence and redistribution are substitutes for an opportunistic incumbent attempting industrialization. We setup a theoretical model to explore this relationship for individual and group level violence across two types of policy driven post land-reform industrialization (PLRI) --- small and large-scale, in the Indian state of West Bengal. We find strong evidence for our theoretical prediction of an inverse relationship between land redistribution and both types of violence during the period of small scale industrialization after an industrial policy was announced in 1994-95 by the incumbent. This relationship however breaks down for individual level violence during attempts at large-scale industrialization between 2006-2011, even though both types of violence increase in this phase.