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With the presence of both switching cost and network externality, this paper builds a two-stage model for competition … results show: (1) When the switching cost is relatively high and the network externality is relatively low, the first mover … the switching cost is relatively low and the network externality is relatively high, the first mover adopts an open …
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information may be a barrier to the development of a health information network. Health information networks are designed to …' decisions to enter a health information network given this potential loss of competitive advantage. Guided by implications of … information network out of competitive concern. First, we conduct a national hospital-level analysis. Second, we construct a novel …
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concerns. In particular, I evaluate whether digital data augments or decreases concerns with regard to network effects and …
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Switching costs and network effects bind customers to vendors if products are incompatible, locking customers or even … (or brand loyalty), or over others with network effects. Firms compete ex ante for this ex post power, using penetration … magnifies incumbency advantages. With network effects, established firms have little incentive to offer better deals when buyers …
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Switching costs and network effects bind customers to vendors if products are incompatible, locking customers or even … brand loyalty), or over others with network effects. Firms compete ex ante for this ex post power, using penetration pricing … advantages. With network effects, established firms have little incentive to offer better deals when buyers' and complementors …
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We briefly survey the economics of network effects and switching costs (in 3,400 words). For comprehensive coverage of …
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This research examines the impact of switching costs on vendor choice in the market for routers and switches. We show that despite the use of open standards which attempt to enhance interoperabilities for equipments from different vendors, vendors in this market are able to maintain high...
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