Chen, Kong-pin; Huang, Yen-Chi - In: CESifo economic studies : CESifo, a joint initiative of … 58 (2012) 4, pp. 626-649
Based on the frictional matching framework, the article provides a theoretical model for a specific type of two-sided platform: the buyerseller transaction platform. In the model, the number of participants and the source of network externalities are endogeneously determined. The platform is...