-sustained growth and this depends on the strength of the externalities. In this paper, we propose a measure for the strength of the … externalities and define critical mass for two-sided platforms in terms of that parameter. Our definition is different from that …

if intra-group negative externalities are sufficiently (but not too) strong with respect to positive inter …-group externalities …

We propose a general framework for consumer demand in two-sided markets, modelling the way externalities between … externalities and establish the conditions for the existence of critical mass. The outstanding feature that distinguishes two … externalities. It is this platform-specific nature that makes skewed pricing profitable. When externalities are market-wide, skewed …

if intragroup negative externalities are sufficiently (but not too) strong with respect to positive intergroup … externalities. …

consumption externalities, we show that an equilibrium price equals the marginal cost if and only if the buyer network is complete … or cyclic. When the externalities are approximately linear in the size of consumption, we identify the classes of …

that these two types of externalities co-exist, but differ in their spatial distribution and attenuation within cities …-city industry cluster in a diversified, large city appears to let firms enjoy the benefits of local industry-specific externalities …

This paper analyzes the impact of network externalities on R&D competition between an incumbent and a potential entrant … the presence of network externalities. By choosing compatible network goods, firms do not necessarily reduce the R …