Two-sided markets: a progress report

• 成果类型: Article; Proceedings Paper
• 署名作者: Rochet, Jean-Charles; Tirole, Jean
• 署名单位: Universite de Toulouse; Massachusetts Institute of Technology (MIT)
• 刊物名称: RAND JOURNAL OF ECONOMICS
• ISSN/ISSBN: 0741-6261
• DOI: 10.1111/j.1756-2171.2006.tb00036.x
• 发表日期: 2006
• 页码: 645-667
• 关键词: network externalities; COMPETITION; compatibility

摘要

We provide a road map to the burgeoning literature on two-sided markets and present new results. We identify 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. We build a model integrating usage and membership externalities that unifies two hitherto disparate strands of the literature emphasizing either form of externality, and obtain new results on the mix of membership and usage charges when price setting or bargaining determine payments between end-users.