Estimating Demand with Multi-Homing in Two-Sided Markets
نویسندگان
چکیده
منابع مشابه
Two-Sided Markets and Price Competition with Multi-homing
We model duopoly competition between two platforms. They operate in a two-sided market where agents are heterogeneous on both sides of the market and are allowed to multihome. Network effects are captured within a vertical differentiation framework. Under single-homing there exists an interior equilibrium where networks exhibit asymmetric sizes and both firms enjoy positive profits. When all ag...
متن کاملEstimating Structural Models of Platform Competition in Two-sided Markets
In this paper I estimate theory-based structural models of two-sided markets with competing platforms. Given platforms’attributes and (two) prices, agents of each side decide which platforms to join. Platforms set prices to maximize the sum of profits that they earn from the two sides. There are two demand equations to be estimated, and both should be used in estimating platform markup due to c...
متن کاملMaterial for “ Large Matching Markets as Two - Sided Demand Systems
TO VERIFY THAT THE STATEMENT IN LEMMA 2.1 is indeed equivalent to the usual definition of pairwise stability, notice that if μ is not pairwise stable, there exists a pair i j = μw(i) such that Uij > Uiμw(i) and Vji > Vjμm(j). In particular, j is available to i under μ, that is, j ∈Mi[μ], so that U∗ i (Mi[μ]) ≥ Uij > Uiμw(i), which violates the first part of the condition. Conversely, if the con...
متن کاملOne-sided Logic in Two-sided Markets
In this paper, I consider eight basic fallacies that can arise from using conventional wisdom from one-sided markets in two-sided market settings. These fallacies are illustrated using statements made in the context of regulatory investigations into credit card schemes in Australia and the United Kingdom. I discuss how these fallacies may be reconciled by proper use of a two-sided market analys...
متن کاملDefining Two-Sided Markets
We propose a general definition of “two-sided markets,” identify the conditions under which a market is indeed two-sided, and, finally, discuss why two-sidedness matters for business and public policies.
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Social Science Research Network
سال: 2021
ISSN: ['1556-5068']
DOI: https://doi.org/10.2139/ssrn.3924318