منابع مشابه
Competition in two-sided markets
Many markets involve two groups of agents who interact via “platforms,” where one group’s benefit from joining a platform depends on the size of the other group that joins the platform. I present three models of such markets: a monopoly platform; a model of competing platforms where agents join a single platform; and a model of “competitive bottlenecks” where one group joins all platforms. The ...
متن کاملImperfect competition in two-sided matching markets
Article history: Received 20 June 2011 Available online 28 November 2013 JEL classification: C78 D43 L13
متن کاملPlatform Competition in Two-Sided Markets
Many if not most markets with network externalities are two-sided. To succeed, platforms in industries such as software, portals and media, payment systems and the Internet, must “get both sides of the market on board ”. Accordingly, platforms devote much attention to their business model, that is to how they court each side while making money overall. The paper builds a model of platform compe...
متن کاملNote on ‘Competition in Two-sided Markets’
We extend the models in “Competition in two-sided markets” of Armstrong (2006, Rand Journal of Economics) by adding within-group externalities. In the monopoly and duopoly cases, positive within-group externalities reduce the price of the own group. Negative externalities have an opposite price effect. In the case of a competitive bottleneck, we show by examples that within a certain range of p...
متن کاملCompetition in two-sided markets with common network externalities
We study competition in two sided markets with common network externality rather than with the standard inter-group e¤ects. This type of externality occurs when both groups bene t, possibly with di¤erent intensities, from an increase in the size of one group and from a decrease in the size of the other. We explain why common externality is relevant for the health and education sectors. We focus...
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ژورنال
عنوان ژورنال: The RAND Journal of Economics
سال: 2006
ISSN: 0741-6261,1756-2171
DOI: 10.1111/j.1756-2171.2006.tb00037.x