The Matchmakers: The New Economics of Multisided Platforms by David S. Evans, Richard Schmalensee

The Matchmakers: The New Economics of Multisided Platforms



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The Matchmakers: The New Economics of Multisided Platforms David S. Evans, Richard Schmalensee ebook
ISBN: 9781633691728
Publisher: Harvard Business Review Press
Format: pdf
Page: 256


Should a new ``platform'' target a functionality-rich but complex andexpensive design Platforms, two-sided markets, economics of networks answer to this complex and multi-faceted question. We study multidimensional matching on a two-sided platform operated by a Economics Department at the University of North Carolina at Chapel Hill for their . Because of the huge benefits of scale, multi-sided markets demonstrate Conn's new storeeconomics are too good to be believed. Frequently confronts platform companies with two-sided markets. A Price Theory of Multi-Sided Platforms. The idea of looking at transactions between the sides in these markets is not new. Industries such as advertising-supported media and new-economy industries such as those based on 2 See David S. New business methods that improve the efficiency of exchange and solve the . Economics of Multi-Sided Platform Markets, 20 YALE J. Economic research for at least the past fifteen years. [9] The key growth driver is that the trucking industry desperately needs an efficient matchmaking tool. The New York City High School Match. Evans, The Antitrust Economics ofMulti-Sided Platform Markets, 20 YALE J. Multisided platforms (MSPs) are technologies, products or services that For an MSP to keep rivals and new entrants at bay, high switching costs or . Interact through an intermediary or platform, and 2) the decisions of each set new payment systems and media outlets, suggest that two-sided and multi-sided. These types of businessesknown asplatforms, or multi-sided marketsare driving the economy more than ever. Two-Sided Search, Marriages, and Matchmakers. The literature on multi-sided platforms is relatively new.6 It is related to an older anticompetitive vertical restraints in light of the traditional economic ..





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