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Keyword: two-sided market

Genericization as a Market Maker (1/14/2006)

The creation of a new market typically involves the simultaneous development of interlocking parts. Sacrificing the short-term gain for at least one part is often necessary to overcome initial supplier or buyer inertia.

Keywords: Apple, critical mass, Dell, genericization, IBM, Mac, Microsoft, open system, PC, proprietary system, standardized parts, two-sided market

Uber as a Two-sided Market (3/15/2015)

By reducing information cost, the internet has ushered in many novel two-sided markets.

Keywords: ads, AirBnB, FedEx, Google, infrastructure, newspaper, price structure, pricing structure, private good, public good, search engine, sharing economy, transaction costs, two-sided market, Uber