Definition for "Two-Sided Market" in the Quantum Dictionary

- Social Sciences -

Economics & Business Dictionary

An economics and business concept defining a measure, method, or organizational practice used for analysis and decision-making. It specifies how information is generated or used to guide allocation of resources and evaluation of outcomes. It does not ensure correctness without clear assumptions, reliable inputs, and appropriate review of results.

Commerce, Trade & Industry Dictionary

A market structure in which a platform enables and coordinates interactions between two distinct groups of users (each constituting a ‘side’), and the platform’s value and pricing depend on cross‑side externalities—participation on one side affects the value to the other side.