The technological effects of innovative regions on lagging regions' labor markets have not been yet well understood, especially in the urban-rural context. I introduce a theoretical model that yields insight into the interactions between high-technology and lagging regions. While, through...

Does competition promote efficient platform pricing and market structures? We model imperfect platform competition using a new approach, Insulated Equilibrium (IE). Building on the observation that platforms often charge low prices to build a "critical mass", IE assumes platforms use...

In this article, we analyze the dynamic competition between two platform firms (A&B) in two-sided markets with network externalities. In Period 1, platform A or B wins the contest in a first stage and can serve the two-sided market monopolistically in a second stage. In Period 2, the two...

In light of recent trends in social networking services that encourage users of platforms to “share,” “recommend,” and “do activities” with others, this work analyzes platform competition in two-sided markets that exhibit direct (or within-) network effect in addition to conventional...

A model of two-sided market (for credit cards) is introduced and discussed. In this model, agents can join none, one, or more than one platform (multihoming), depending on access prices and the choices made by agents on the opposite market side. Although emerging multihoming patterns are,...

Digital platforms are technology intensive and often require access to intellectual property rights. As those rights are often owned by competing platforms, we observe cross-licensing contracts between them. Cross-licensing facilitates the sharing of technologies, leading to less duplication of...