Platform Competition in Two-Sided Markets
نویسندگان
چکیده
منابع مشابه
Platform 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...
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In this paper I estimate theory-based structural models of two-sided markets with competing platforms. Given platforms’attributes and (two) prices, agents of each side decide which platforms to join. Platforms set prices to maximize the sum of profits that they earn from the two sides. There are two demand equations to be estimated, and both should be used in estimating platform markup due to c...
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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 ...
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Similar to love, competition can often be unrequited. This study explores the asymmetric pattern of competition driven by membership overlap in two-sided mobile social apps (MSAs) markets. Building on the niche-width dynamics framework, we theorize and validate the relative prevalence and survival capabilities of messaging apps and SNS apps, especially when membership overlap fosters current or...
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Article history: Received 20 June 2011 Available online 28 November 2013 JEL classification: C78 D43 L13
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ژورنال
عنوان ژورنال: Journal of the European Economic Association
سال: 2003
ISSN: 1542-4766,1542-4774
DOI: 10.1162/154247603322493212