Top of page

Book/Printed Material The industrial organization of markets with two-sided platforms

View Enlarged Image

About this Item

Title

  • The industrial organization of markets with two-sided platforms

Summary

  • "Two-sided platforms (2SPs) cater to two or more distinct groups of customers, facilitating value-creating interactions between them. The village market and the village matchmaker were 2SPs; eBay and Match.com are more recent examples. Other examples include payment card systems, magazines, shopping malls, and personal computer operating systems. Building on the seminal work of Rochet and Tirole (2003), a rapidly growing literature has illuminated the economic principles that apply to 2SPs generally. One key result is that 2SPs may find it profit-maximizing to charge prices for one customer group that are below marginal cost or even negative, and such skewed pricing pattern is prevalent, although not universal, in industries that appear to be based on 2SPs. Over the years, courts have also recognized that certain industries, notably payment card systems and newspapers, now understood to be based on 2SPs, are governed by unusual economic relationships. This chapter provides an introduction to the economics of 2SPs and its application to several competition policy issues"--National Bureau of Economic Research web site.

Names

  • Evans, David S. (David Sparks), 1954-
  • Schmalensee, Richard
  • National Bureau of Economic Research

Created / Published

  • Cambridge, MA : National Bureau of Economic Research, c2005.

Headings

  • -  Competition
  • -  industrial organization
  • -  Markets
  • -  Multi-sided plat form businesses
  • -  Prices

Notes

  • -  Title from PDF file as viewed on 9/21/2005.
  • -  Includes bibliographical references.
  • -  Also available in print.
  • -  Mode of access: World Wide Web.
  • -  System requirements: Adobe Acrobat Reader.

Call Number/Physical Location

  • HB1

Digital Id

Library of Congress Control Number

  • 2005618920

Access Advisory

  • Unrestricted online access

Online Format

  • image
  • pdf

Additional Metadata Formats

Rights & Access

More about Copyright and other Restrictions

For guidance about compiling full citations consult Citing Primary Sources.

Cite This Item

Citations are generated automatically from bibliographic data as a convenience, and may not be complete or accurate.

Chicago citation style:

Evans, David S, Richard Schmalensee, and National Bureau Of Economic Research. The Industrial Organization of Markets With Two-Sided Platforms. Cambridge, MA: National Bureau of Economic Research, 2005. Pdf. https://aj.sunback.homes/item/2005618920/.

APA citation style:

Evans, D. S., Schmalensee, R. & National Bureau Of Economic Research. (2005) The Industrial Organization of Markets With Two-Sided Platforms. Cambridge, MA: National Bureau of Economic Research. [Pdf] Retrieved from the Library of Congress, https://aj.sunback.homes/item/2005618920/.

MLA citation style:

Evans, David S, Richard Schmalensee, and National Bureau Of Economic Research. The Industrial Organization of Markets With Two-Sided Platforms. Cambridge, MA: National Bureau of Economic Research, 2005. Pdf. Retrieved from the Library of Congress, <aj.sunback.homes/item/2005618920/>.