Motivating buyers and sellers to join an empty platform is thought to be a key challenge for firms attempting to launch …

a two-sided platform business. Consumer behavior is imperfect and, when adopting a platform, consumers only take …

relevant platform "sides", deciding which fundamental activities to perform and trading off depth against scope of MSP …

intermediation: the merchant mode, in which the intermediary buys from sellers and resells to buyers; and the two-sided platform mode … higher profits than the two-sided platform mode when the chicken-and-egg problem due to indirect network effects for the two …-sided platform mode is more severe and when the degree of complementarity/substitutability among sellers' products is higher …

We consider a software vendor first selling a monopoly platform and then an application running on this platform. He … may face competition by an entrant in the applications market. The platform monopolist can benefit from competition for … three reasons. First, his profits from the platform increase. Second, competition serves as a credible commitment to lower …

. Platforms compete for consumers and advertisers. A platform earns a premium from advertising to singlehomers, as it is a …

platforms and platform competition, and elaborates on some routes taken by recent research. …

-sided platform, or MSP) vs. Flutter (also an MSP), and (ii) Betfair vs. traditional bookmakers. We find that although Betfair was an … and management of MSPs. Specifically, we argue that the literature would benefit from work that endogenizes platform …