If you need an accessible version of this item please contact JSTOR User Support

Two-Sided Markets: A Progress Report

Jean-Charles Rochet and Jean Tirole
The RAND Journal of Economics
Vol. 37, No. 3 (Autumn, 2006), pp. 645-667
Published by: Wiley on behalf of RAND Corporation
Stable URL: http://www.jstor.org/stable/25046265
Page Count: 23
  • Download PDF
  • Cite this Item

You are not currently logged in.

Access your personal account or get JSTOR access through your library or other institution:

login

Log in to your personal account or through your institution.

If you need an accessible version of this item please contact JSTOR User Support
Two-Sided Markets: A Progress Report
Preview not available

Abstract

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.

Page Thumbnails

  • Thumbnail: Page 
645
    645
  • Thumbnail: Page 
646
    646
  • Thumbnail: Page 
647
    647
  • Thumbnail: Page 
648
    648
  • Thumbnail: Page 
649
    649
  • Thumbnail: Page 
650
    650
  • Thumbnail: Page 
651
    651
  • Thumbnail: Page 
652
    652
  • Thumbnail: Page 
653
    653
  • Thumbnail: Page 
654
    654
  • Thumbnail: Page 
655
    655
  • Thumbnail: Page 
656
    656
  • Thumbnail: Page 
657
    657
  • Thumbnail: Page 
658
    658
  • Thumbnail: Page 
659
    659
  • Thumbnail: Page 
660
    660
  • Thumbnail: Page 
661
    661
  • Thumbnail: Page 
662
    662
  • Thumbnail: Page 
663
    663
  • Thumbnail: Page 
664
    664
  • Thumbnail: Page 
665
    665
  • Thumbnail: Page 
666
    666
  • Thumbnail: Page 
667
    667