What does 'user valuation' mean in platform economics?

Question

BlackTom AI · Accepted Answer

Question restatement: The prompt asks about the meaning of 'user valuation' in platform economics and provides four possible interpretations to assess.
Option 1: 'Valuing users based on their ethical views' — This interpretation narrows valuation to ethical stance alone. In platform economics, valuation typically concerns the economic contribution of users to the platform (such as network effects, engagement, revenue potential), not primarily their ethics. This makes the option conceptually off-target.
Option 2: 'Evaluating platform content by expert panels' — This describes a content quality or governance assessment process, not user valuation. It focuses on content curation rather than measuring the value contributed by users to the platform’s economics, so it does not illustrate user valuation.
Option 3: 'Market value increases with number of users' — This aligns with core platform economics intuitions about network effects: as the user base grows, the platform becomes more valuable to advertisers, developers, and users, increasing market value. The larger the user pool, the greater the potential for interactions, data generation, and monetization.
Option 4: 'Surveys of user satisfaction' — While user satisfaction is important for retention and engagement, it is a metric of sentiment rather than a direct definition of user valuation. It contributes to understanding value but does not capture the fundamental concept of how value scales with user numbers.
In summary, the interpretation that best captures user valuation in platform economics is the one linking market value to user scale, since network effects assume that more users generally raise the platform’s overall value and economic potential. The other options describe related but distinct ideas (ethics-focused valuation, content evaluation, or satisfaction measures) that do not define user valuation in the economic sense.

ARIN2610 (ND) Week 05 Quiz

What does 'user valuation' mean in platform economics?

查看解析

登录即可查看完整答案

类似问题

Due to network effects, as the price of a service (or product) is reduced, which of the following is false?

Which of the following is true about network effects?

Which of the following is false about the economy under a network effect?

Direct network effects mean:

In the real-world example, many TikTok users are against the government’s move toward banning TikTok, because they have already built a community there. Which of the following best characterizes the aspect of TikTok illustrated in this example?

Which of the following statements about network economics is not true?

Competition is fierce in network-effects markets because the winner often obtains a monopoly on the market.

更多留学生实用工具

考试浏览器助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单