Construct · 3 fields · 5 citations
One name. Different field. Different construct. One map.
● jingle · one word, three constructs Nearest construct by meaningmarketcompare the meaningsEvery construct on the map is compared with every other by the meaning of its definitions, and the closest one is surfaced here. The nearest construct to platform is market.
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An intermediary that brings together two or more distinct groups of users and enables the direct interactions between them, choosing a price structure that internalises the network externalities each group exerts on the other. Rochet and Tirole's 2003 Platform Competition in Two-Sided Markets defined such a market by the property that the volume of transactions depends not only on the total price but on how that price is divided between the two sides. The referent is an economic institution, a matchmaker between buyers and sellers or readers and advertisers, measured by the participation and interaction it enables, and it has nothing to do with a party's policy statement, a bed of carbonate rock, or a shared engineering architecture.[1]
A large, flat-topped body of shallow-water carbonate sediment, built largely by the organisms living on it, that rises from deeper water and either keeps pace with rising sea level or is drowned by it. Schlager's 1981 The paradox of drowned reefs and carbonate platforms examined why platforms whose growth potential far exceeds the rate of sea-level rise are nonetheless sometimes drowned, and Read's facies models set out the standard geometry of rimmed shelves and ramps. The referent is a depositional and structural feature of the rock record, mapped in metres of strata and rates of accumulation, and it is unrelated to a two-sided market, a party's manifesto, or an engineering platform.[2][3]
The common architecture, shared subsystems, and interfaces from which a family of related product variants is derived, so that many models can be built cheaply by adding, swapping, or scaling modules on a stable core. Meyer and Lehnerd's 1997 The Power of Product Platforms argued that firms should invest in the platform rather than in one-off products, because a well-designed common base drives both value and cost leadership across a whole product family. Krishnan and Gupta examined when this platform-based approach is appropriate and what it costs. The referent is a shared engineering and design asset inside a firm, measured by the variants it spawns and the commonality it achieves, not a market, a policy document, or a bed of limestone.[4][5]
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