GOOS, Maarten; CAYSEELE, Patrick VAN; WILLEKENS, Bert - Centrum voor Economische Studiën, Faculteit Economie … - 2011
This paper develops a simple model of monopoly platform pricing accounting for two pertinent features of matching markets. 1) The trading process is characterized by search and matching frictions implying limits to positive cross-side network effects and the presence of own-side congestion....