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We analyze market dynamics under Bertrand duopoly competition in industries with network effects and consumer switching …. Depending on the ratio of switching costs to network effects, our model generates convergence to monopoly as well as market … switching costs market sharing is the unique equilibrium and for small switching costs both monopoly and market sharing …
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This paper investigates the competition between vertically differentiated platforms in two-sided markets. We assume the …
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values to advertisers, which reduce their market power and affect their price strategies and advertising levels. The last …
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We conducted a laboratory experiment to study the price setting behavior in two-sided markets. We seek to answer two specific research questions: Do participants charge the equilibrium prices that can be derived from a theoretical model? How is the price setting affected by the characteristics...
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