Two-sided markets, competitive bottlenecks and exclusive contracts.
We provide a framework for analyzing two-sided markets that allows for different degrees of product differentiation on each side of the market. When platforms are viewed as homogenous by sellers but heterogeneous by buyers, we show that “competitive bottlenecks” arise endogenously. In equilibrium, p...
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
| Published: |
Springer
2007
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