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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Bibliographic Details
- 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
Item Description
- 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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Terms of use
- Copyright date:
- 2007
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