GARCIA, Filomena; VERGARI, Cecilia - Center for Operations Research and Econometrics (CORE), … - 2008
qualities. We study how the relative importance of vertical differentiation with respect to the network effect influences the … the vertical differentiation is not very strong, we can observe full compatibility
at equilibrium. In this case, where … dominates the vertical differentiation,
we observe multiple equilibria for consumers’ demands. Namely, as consumers value very …