REISINGER, MARKUS; RESSNER, LUDWIG; SCHMIDTKE, RICHARD - In: Journal of Industrial Economics 57 (2009) 1, pp. 32-57
The existing literature on two-sided markets addresses participation externalities, but it has neglected pecuniary externalities between platforms. In this paper we build a model that incorporates both externalities. In our set-up, differentiated platforms compete in advertising levels and offer...