A Price Theory of Multi-Sided Platforms

By Andrea Hawkley, Alisha C. Holland, Scott Duke Kominers, Luis Rayo. 2010

736 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Media Technology, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/dca6d5c479c8cfbf236e88274a31da0579641ece

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Citations in the corpus

Ridesourcing systems: A framework and review (2019, neutral): “Other influential work on the economics of two-sided markets include Armstrong (2006), Rochet and Tirole (20 06), Rysman (20 09) , and Weyl (2010) .”
Regulating TNCs: Should Uber and Lyft set their own rules? (2019, neutral): “See [23] and [24] for a summary of literature on two-sided platforms, and [25] for a general theory of monopoly pricing in multi-sided platforms.”
Some Economics of Private Digital Currency (2013, background): ““Could a gigantic nonsovereign like Facebook someday launch a real currency to compete with the dollar, euro, yen and the like?” wrote Matthew Yglesias (2012). And as the payments economist David Evans (2012) stated:”
Information and Two-Sided Platform Profits (2014, background): “…the equilibrium path, simply because uninformed agents do not observe price deviations on the other side.2 By contrast, in models with one-sided network effects, in order to make passive expectations compatible with subgame perfection, it is necessary to additionally assume that expectations…”
Organizing for Innovation in the Digitized World (2012, background): “Although scholarly works on multisided markets and platform organizing provide a promising departure point (Eisenman et al. 2006, Weyl 2010), more work is needed in this area to consider the role of power, knowledge, culture, and institutional norms in creating and managing platform generativity in…”
Let a Thousand Flowers Bloom? An Early Look at Large Numbers of Software App Developers and Patterns of Innovation (2012, positive): “Decisions to adopt and use a platform on one side can benefit the other, potentially giving rise to cross-platform network effects (Parker and Van Alstyne 2005, Rochet and Tirole 2003, Weyl 2010).”
The Rise of the Sharing Economy: Estimating the Impact of Airbnb on the Hotel Industry (2017, positive): “theory of two-sided markets, for example through structural models that establish theories of price structure and usage (Rochet and Tirole, 2003; Rysman, 2009; Weyl, 2010), and models which connect innovations in product design to network effects (Parker and Van Alstyne, 2005).”
Innovation, Openness, and Platform Control (2018, neutral): “The state-ofthe-art contributions in the two-sided literature (Parker and Van Alstyne 2000b, 2005; Rochet and Tirole 2003; Weyl 2010) do not consider developer production functions.”
Network neutrality on the Internet: A two-sided market analysis (2012, neutral): “Hence, our paper is related to the literature on two-sided markets (e.g. Armstrong, 2006; Caillaud and Jullien, 2003; Hagiu, 2009; Rochet and Tirole, 2003, 2006; Nocke et al., 2007; Weyl, 2010).”
Explaining Adoption and Use of Payment Instruments by U.S. Consumers (2016, critical): “From our perspective, this is restrictive.”
Responses to Entry in Multi-Sided Markets: The Impact of Craigslist on Local Newspapers (2014, background): “First, we add to a nascent stream of research on multi-sided markets (e.g., Caillaud and Jullien 2003; Rochet and Tirole 2003; Parker and Van Alstyne 2005; Armstrong 2006; Hagiu 2006; Weyl 2010).”
Surge Pricing Solves the Wild Goose Chase (2017, neutral): “As usual in multi-sided markets, revenue maximizing prices have two distortions compared with welfare maximizing prices (Weyl, 2010).”