Showing 1 - 10 of 209
Persistent link: https://www.econbiz.de/10003244153
Persistent link: https://www.econbiz.de/10000735936
Persistent link: https://www.econbiz.de/10003709703
Persistent link: https://www.econbiz.de/10009641005
Persistent link: https://www.econbiz.de/10000821066
Persistent link: https://www.econbiz.de/10000142038
We analyze duopoly Bertrand competition under network effects. We consider both incompatible and compatible products. Our main result is that network effects create a fundamental conflict between the maximization of social welfare and consumer surplus whenever products are incompatible. While...
Persistent link: https://www.econbiz.de/10003726108
We analyze market dynamics under Bertrand duopoly competition in industries with network effects and consumer switching costs. Consumers form installed bases, repeatedly buy the products, and differ with respect to their switching costs. Depending on the ratio of switching costs to network...
Persistent link: https://www.econbiz.de/10003726117
Persistent link: https://www.econbiz.de/10003754824