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The Two-Sided Market Network Analysis Based on Transfer Entropy & Labelr

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  • Seung Bin Baik

Abstract

This study more complex digital platforms in early stages in the two-sided market to produce powerful network effects. In this study, I use Transfer Entropy to look for super users who connect hominids in different networks to achieve higher network effects in the digital platform in the two-sided market, which has recently become more complex. And this study also aims to redefine the decision criteria of product managers by helping them define users with stronger network effects. With the development of technology, the structure of the industry is becoming more difficult to interpret and the complexity of business logic is increasing. This phenomenon is the biggest problem that makes it difficult for start-ups to challenge themselves. I hope this study will help product managers create new digital economic networks, enable them to make prioritized, data-driven decisions, and find users who can be the hub of the network even in small products.

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  • Seung Bin Baik, 2021. "The Two-Sided Market Network Analysis Based on Transfer Entropy & Labelr," Papers 2101.09886, arXiv.org, revised Jan 2021.
    • Handle: RePEc:arx:papers:2101.09886
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    References listed on IDEAS

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    3. Réka Albert & Hawoong Jeong & Albert-László Barabási, 1999. "Diameter of the World-Wide Web," Nature, Nature, vol. 401(6749), pages 130-131, September.
    4. Sun Mingchun & Tse Edison, 2007. "When Does the Winner Take All in Two-Sided Markets?," Review of Network Economics, De Gruyter, vol. 6(1), pages 1-25, March.
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