One-sided Logic in Two-sided Markets

Verfasser / Beitragende:
[Julian Wright]
Ort, Verlag, Jahr:
2004
Enthalten in:
Review of Network Economics, 3/1(2004-03-01)
Format:
Artikel (online)
ID: 378922645
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100 1 |a Wright  |D Julian  |u Department of Economics, National University of Singapore, jwright@nus.edu.sg 
245 1 0 |a One-sided Logic in Two-sided Markets  |h [Elektronische Daten]  |c [Julian Wright] 
520 3 |a In this paper, I consider eight basic fallacies that can arise from using conventional wisdom from one-sided markets in two-sided market settings. These fallacies are illustrated using statements made in the context of regulatory investigations into credit card schemes in Australia and the United Kingdom. I discuss how these fallacies may be reconciled by proper use of a two-sided market analysis, making reference to the relevant economics literature where applicable. The analysis is supported by observations on other two-sided markets. 
540 |a ©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston 
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