Document de travail

Platform Competition in Two-Sided Markets

Jean-Charles Rochet et Jean Tirole

Résumé

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 competition with two-sided markets. It unveils the determinants of price allocation and enduser surplus for different governance structures (profit-maximizing platforms and not-for-profit joint undertakings), and compares the outcomes with those under an integrated monopolist and a Ramsey planner.

Remplacé par

Jean-Charles Rochet et Jean Tirole, « Platform Competition in Two-Sided Markets », Journal of the European Economic Association, vol. 1, n° 4, juin 2003, p. 990–1029.

Référence

Jean-Charles Rochet et Jean Tirole, « Platform Competition in Two-Sided Markets », IDEI Working Paper, n° 152, 2003.

Voir aussi

Publié dans

IDEI Working Paper, n° 152, 2003