We empirically investigate the relevance of multi-homing in two-sided markets. First, we build a micro …-founded structural econometric model that encompasses demand for differentiated products and allows for multi-homing on both sides of the … multihoming is likely to produce biased estimates of demand on both sides of the market. In particular, on the reader side …

This paper discusses the design, implementation and use of standards from the perspective of transaction costs … economics. A proper design and implementation of standards may lead to a considerable reduction of transaction costs, which … shows that network externalities play a major role in the use of standards, and that, on the other hand, worldwide standards …

In contrast to traditional business models, two-sided platforms internalize indirect network effects that exist between … targeted investment. This paper analyses how platforms can affect network effects by investing in appropriate infrastructure …