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Tesi etd-02092014-142325


Thesis type
Tesi di laurea magistrale
Author
ROSSI, MICHELANGELO
URN
etd-02092014-142325
Title
Two-Sided Markets Monopoly: Joint Production and Externalities
Struttura
ECONOMIA E MANAGEMENT
Corso di studi
SCIENZE ECONOMICHE
Supervisors
relatore Salvadori, Neri
Parole chiave
  • two-sided markets
  • two-part tariffs
  • monopoly
  • joint production
  • indirect network effects
  • adoption externalities
  • complementarities
  • two-sided platforms
Data inizio appello
28/02/2014;
Consultabilità
Completa
Riassunto analitico
The aim of this work is to analyze the definitions of two-sided markets and offer a possible reinterpretation of this literature thanks to the concepts of joint production and externalities. We describe the common framework of two-sided markets so as to recognize the presence of two different definitions. In particular, the definition by Rochet and Tirole (2006) is studied and compared with the features of joint production; whereas the definition elaborated by Rysman (2009) and others is treated in a context of indirect network effects. After this theoretical comparison, two monopoly models are presented: the model by Rochet and Tirole (2003) and the model by Armstrong (2006). The first model is analyzed as a model with complementarities in the production and externalities; conversely, the latter model is presenting some similarities with the approach of complementarities in the consumption. Finally, we derive a two-part tariffs monopoly model comparing it with the contribute by Rochet and Tirole (2006).
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