Results 11 to 20 of about 164,939 (249)
Two-sided markets: a progress report [PDF]
The RAND Journal of Economics, 2006 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.
Tirole, Jean, Rochet, Jean-Charles
exaly +9 more sources
Platform Competition in Two-Sided Markets [PDF]
Journal of the European Economic Association, 2003 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.
Rochet, Jean-Charles, Tirole, Jean
exaly +11 more sources
Two-Sided Reputation in Certification Markets [PDF]
Management Science, 2012 In a market where sellers solicit certification to overcome asymmetric information, we show that the profit of a monopolistic certifier can be hump-shaped in its reputation for accuracy: a higher accuracy attracts high-quality sellers but sometimes repels low-quality sellers.
Matthieu Bouvard, Raphael Levy
openaire +8 more sources
Regulating Two-Sided Markets: An Empirical Investigation [PDF]
SSRN Electronic Journal, 2009 We study the effect of government encouraged or mandated interchange fee ceilings on consumer and merchant adoption and usage of payment cards in an economy where card acceptance is far from complete. We believe that we are the first to use bank-level data to study the impact of interchange fee regulation.
Santiago Carbó Valverde +2 more
core +10 more sources
Switching Costs in Two‐Sided Markets [PDF]
The Journal of Industrial Economics, 2017 AbstractIn many markets, there are switching costs and network effects. Yet the literature generally deals with them separately. This paper bridges the gap by analyzing their interaction (or ‘indirect bargain’) in a dynamic two‐sided market. It shows that in the symmetric equilibrium, the classic result that the first‐period price is U‐shaped in ...
Lam, Wing Man Wynne
openaire +12 more sources
Two-Sided Markets and Electronic Intermediaries [PDF]
SSRN Electronic Journal, 2004 The object of this paper is to discuss intermediation on-line from the perspective of two-sided markets. It builds a simple model of the intermediation activity when trading partners are involved into a commercial relationship and uses it to illustrate some of the results that emerge in the two-sided market literature, as well as to discuss some new ...
Jullien, Bruno
openaire +5 more sources
Price Discrimination in Two-Sided Markets [PDF]
SSRN Electronic Journal, 2010 We examine the profitability and welfare implications of targeted price discrimination (PD) in two‐sided markets. First, we show that equilibrium discriminatory prices exhibit novel features relative to discriminatory prices in one‐sided models and uniform prices in two‐sided models.
Qihong Liu, Konstantinos Serfes
openaire +4 more sources
Superstar Exclusivity in Two-Sided Markets
Management ScienceIn most platform environments, the exclusive provision of premium content from leading creators (superstars) is used as a strategy to boost user participation and secure a competitive edge vis-à-vis rivals. In this article, we study the impact of superstar exclusive content provision on platform competition and complementors’ homing decisions.
Elias Carroni +2 more
openaire +5 more sources
Identifying Two-Sided Markets [PDF]
World Competition, 2012 Abstract: We review the burgeoning literature on two-sided markets focusing on the different definitions that have been proposed. In particular, we show that the well-known definition given by Evans is a particular case of the more general definition proposed by Rochet and Tirole.
Filistrucchi, L. +2 more
openaire +8 more sources
Experimentation in Two-Sided Markets [PDF]
, 2011 We study optimal experimentation by a monopolistic platform in a two-sided market framework. The platform provider faces uncertainty about the strength of the externality each side is exerting on the other.
Peitz, Martin +2 more
core +5 more sources