Mixed Bundling in Two-Sided Markets in the Presence of Installed Base Effects
研究了存在安装基础效应的双边市场中混合捆绑策略，发现捆绑使两边价格下降，作为价格歧视工具更有效细分市场，提升社会福利和平台参与度，并用便携式视频游戏机市场数据验证了理论预测。
We analyze mixed bundling in two-sided markets where installed base effects are present and find that the pricing structure deviates from traditional bundling as well as the standard two-sided markets literature—we determine prices on both sides fall with bundling. Mixed bundling acts as a price discrimination tool segmenting the market more efficiently. Consequently, as a by-product of this price discrimination, the two sides are better coordinated, and social welfare is enhanced. We show unambiguously that platform participations increase on both sides of the market. After theoretically evaluating the impact mixed bundling has on prices and welfare, we take the model predictions to data from the portable video game console market. We find empirical support for all theoretical predictions. This paper was accepted by J. Miguel Villas-Boas, marketing.