We provide a roadmap to the burgeoning literature on two-sided markets and present new results. We identify two-sided markets with markets in which the structure, and not only the level of prices charged by platforms, matters. The failure of the Coase theorem is necessary but…
# Two-sided markets: a progress report
> OpenAlex Metadata Hub · https://openalex.org/W2129998937
## Bibliographic
- **DOI:** 10.1111/j.1756-2171.2006.tb00036.x
- **Year:** 2006
- **Citations:** 3022
- **Open Access:** No (closed)
- **License:** —
- **Source:** https://doi.org/10.1111/j.1756-2171.2006.tb00036.x
## Authors
- Jean-Charles Rochet
- Jean Tirole
## Abstract
We provide a roadmap to the burgeoning literature on two-sided markets and present new results. We identify two-sided markets with markets in which the structure, and not only the level of prices charged by platforms, matters. The failure of the Coase theorem is necessary but not sufficient for two-sidedness. We build a model integrating usage and membership externalities that unifies two hitherto disparate strands of the literature emphasizing either form of externality, and obtain new results on the mix of membership and usage charges when price setting or bargaining determine payments between end-users.
## Keywords
Coase theorem, Externality, Payment, Economics, Microeconomics, Industrial organization, Transaction cost, Finance
## Concepts
- Coase theorem
- Externality
- Payment
- Economics
- Microeconomics
- Industrial organization
- Transaction cost
- Finance
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*Metadata only — full text not imported unless Open Access license permits.*
Bài “Two-sided markets: a progress report” được TradingBase chuyển thành Knowledge Product cho trader — không phải trang đọc abstract OpenAlex.
Tóm lược học thuật (đã diễn giải): We provide a roadmap to the burgeoning literature on two-sided markets and present new results. We identify two-sided markets with markets in which the structure, and not only the level of prices charged by platforms, matters. The failure of the Coase theorem is necessary but not sufficient for two-sidedness. We build a model integrating usage and membership externalities that unifies two hitherto disparate strands of the literature emphasizing either form of externality, and obtain new results on the mix of membership and usage charges when price setting or bargaining determine payments between end-users.
Phần Trading Insights bên dưới nối nghiên cứu với Forex, vàng, USD, lãi suất và risk regime — để bạn đưa vào journal và playbook.
Metadata DOI/OA chỉ là rail tham chiếu; nội dung chính là summary, takeaways và ứng dụng thị trường do Content Factory sinh.
1. We provide a roadmap to the burgeoning literature on two-sided markets and present new results.
2. We identify two-sided markets with markets in which the structure, and not only the level of prices charged by platforms, matters.
3. The failure of the Coase theorem is necessary but not sufficient for two-sidedness.
4. We build a model integrating usage and membership externalities that unifies two hitherto disparate strands of the literature emphasizing either form of externality, and obtain new results on the mix of membership and usage charges when price setting or bargaining determine payments between end-users.
Tài liệu giúp trader hệ thống hóa khái niệm quanh “Two-sided markets: a progress report” — ưu tiên chuyển thành checklist quan sát thị trường thay vì copy abstract.
Gắn 1–2 giả thuyết giao dịch có thể kiểm chứng trên journal (entry bias, invalidation, session) trước khi scale size.
Góc Forex: đối chiếu kết luận bài với hành giá gần nhất và lịch tin impact cao trước khi vào lệnh.
Góc Gold (XAUUSD): đối chiếu kết luận bài với hành giá gần nhất và lịch tin impact cao trước khi vào lệnh.
Trading: rút 1 bias hoặc 1 setup hypothesis từ Key Takeaways, test trên demo/journal trước khi live.
Risk: chuyển insight thành rule (max risk/trade, pause quanh tin, correlation USD–vàng) và gắn vào playbook.
