Competition and financial constraints: A two-sided story
نویسندگان
چکیده
منابع مشابه
Competition in two-sided markets
Many markets involve two groups of agents who interact via “platforms,” where one group’s benefit from joining a platform depends on the size of the other group that joins the platform. I present three models of such markets: a monopoly platform; a model of competing platforms where agents join a single platform; and a model of “competitive bottlenecks” where one group joins all platforms. The ...
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We show that previous filtering propositions on two-sided stability problems do not enforce arc consistency (AC), however they maintain Bound(D) Consistency (BC(D)). We propose an optimal algorithm achieving BC(D) with O(L) time complexity where L is the length of the preference lists. We also show an adaptation of this filtering approach to achieve AC. Next, we report the first polynomial time...
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We examine the convexity and tractability of the two-sided linear chance constraint model under Gaussian uncertainty. We show that these constraints can be applied directly to model a larger class of nonlinear chance constraints as well as provide a reasonable approximation for a challenging class of quadratic chance constraints of direct interest for applications in power systems. With a view ...
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Article history: Received 20 June 2011 Available online 28 November 2013 JEL classification: C78 D43 L13
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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. The paper builds a model of platform compe...
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ژورنال
عنوان ژورنال: Journal of International Money and Finance
سال: 2017
ISSN: 0261-5606
DOI: 10.1016/j.jimonfin.2016.07.003