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Journal article

Platform Ownership.

Abstract:

We develop a theoretical framework of trade on a platform on which buyers and sellers interact, and compare the impact of different platform ownership structures. If two-sided network effects are strong, monopoly ownership induces more trade than dispersed ownership and is therefore socially preferable. Independent of the strength of network effects, monopoly ownership dominates a club-like ownership structure where incumbent owners can exclude potential entrants. Under dispersed ownership, v...

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Files:
Publisher copy:
10.1162/JEEA.2007.5.6.1130

Authors


Publisher:
MIT Press
Journal:
Journal of the European Economic Association
Volume:
5
Issue:
6
Pages:
1130 - 1160
Publication date:
2007-01-01
DOI:
ISSN:
1542-4766
Language:
English
UUID:
uuid:ce9dc89a-3606-4c72-a82b-ce67da50c4fb
Local pid:
oai:economics.ouls.ox.ac.uk:12747
Deposit date:
2011-08-15

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