The technical part in Rochet & Tirole (2006)
Two‐sided markets: a progress report (Rochet & Tirole, RAND Journal of Econmics, 2006) has 5172 citations according to Google Scholar as of June 2026. Though I would have defined two sided platforms differently and focus more on the two sided structure’s nature rather than using price effects “a market is two-sided iff reallocating the fee between sides changes outcomes” (sweet, right?) — It’s genuinely groudbreaking. Anyways, here’s a reading note for the technical part of the paper: ...