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...
主要な著者: | Armstrong, M, Wright, J |
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フォーマット: | Journal article |
言語: | English |
出版事項: |
Springer
2007
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