There are examples of entry in two-sided markets, where first entrants occupy a ‘central location’ and serve agents with ‘intermediate tastes,’ while later entrants are niche players. Why would the first entrant choose to become a ‘general’ platform, given that later entrants will...

This paper investigates the effect of toxic-releasing facilities’ relocation on the distribution of pollution incidence across communities depending on their socio-economic characteristics. Applying synthetic control estimation to toxic emissions data of 12,823 facilities from 1990 to 2011, we...