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Evolution of two-sided markets
2010
Proceedings of the third ACM international conference on Web search and data mining - WSDM '10
Two-sided markets arise when two different types of users may realize gains by interacting with one another through one or more platforms or mediators. We initiate a study of the evolution of such markets. We present an empirical analysis of the value accruing to members of each side of the market, based on the presence of the other side. We codify the range of value curves into a general theoretical model, characterize the equilibrium states of two-sided markets in our model, and prove that
doi:10.1145/1718487.1718526
dblp:conf/wsdm/KumarLT10
fatcat:36uumxo5vfbqxecyjvb5pure5e