منابع مشابه
Two-Sided Markets: A Progress Report∗
The paper provides a road map to the burgeoning literature on two-sided markets and presents new results. It identifies two-sided markets with markets in which the structure, and not only the level of prices charged by platforms matters. The failure of the Coase theorem is necessary but not sufficient for two-sidedness. The paper builds a model integrating usage and membership externalities, th...
متن کاملDefining Two-Sided Markets
We propose a general definition of “two-sided markets,” identify the conditions under which a market is indeed two-sided, and, finally, discuss why two-sidedness matters for business and public policies.
متن کاملUncoordinated Two-Sided Markets∗
Various economic interactions can be modeled as two-sided markets. A central solution concept to these markets are stable matchings, introduced by Gale and Shapley. It is well known that stable matchings can be computed in polynomial time, but many real-life markets lack a central authority to match agents. In those markets, matchings are formed by actions of self-interested agents. Knuth intro...
متن کاملOne-sided Logic in Two-sided Markets
In this paper, I consider eight basic fallacies that can arise from using conventional wisdom from one-sided markets in two-sided market settings. These fallacies are illustrated using statements made in the context of regulatory investigations into credit card schemes in Australia and the United Kingdom. I discuss how these fallacies may be reconciled by proper use of a two-sided market analys...
متن کاملDynamics of two-sided markets
This paper considers a dynamical system, which models a two-sided market. I evaluate the volume of users from each side of the market as a function of time. I formulate and prove theorems describing the long-term behavior and tendency of the market. Even though I consider generic attachment functions, I obtain a concrete result, formulated in terms of properties of attachment functions. I concl...
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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.tb00036.x