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Features of bilateral markets network benefits


Strelets I.A.
(about the author)

Strelets Irina Aleksandrovna – (MGIMO-University (Moscow State Institute of International Relations); Academy of the Federal security service of the Russian Federation)

Published in:
Journal of International Economic Affairs
– Volume 9, Number 1 (January-March 2019)

JEL classification: D40, D62, D69

Keywords: business model, multi-sided markets, network externalities, price structure, two-sided markets


Citation:
Strelets I.A. (2019). Features of bilateral markets network benefits. Journal of International Economic Affairs, 9(1), 383-392. doi: 10.18334/eo.9.1.39915


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Abstract:

The article disclosures the specificity of the origin and functioning of bilateral (multilateral) markets of network goods. The author gives a review of the literature on the subject, analyzes the process of formation of the theory of two-sided markets. Special attention is paid to the problems of realization of strategy of behavior of firms in two-sided markets.








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