first show that local network externalities, in contrast to global network externalities, do not sharpen competition. Then …Local network externalities are present when the network externalities associated with entering a certain network … the consequences of local network externalities within a framework where two networks compete on the Hotelling circle. We …

higher degree of competition for users can lead to higher profits because competition on the advertisers' side is reduced. If … platforms can charge users as well, profits might increase or decrease, the latter because of increased competition through the …

We examine the interrelation between interconnection and competition in the Internet backbone market. Networks that are … interconnection regime, peering, softens competition as compared to indirect interconnection since asymmetries become less influential …

We examine the interrelation between interconnection and competition in the Internet backbone market. Networks that are … interconnection regime, peering, softens competition as compared to indirect interconnection since asymmetries become less influential …

We analyze Bertrand duopoly competition in markets with network effects and consumer switching costs. Depending on the …, and cost asymmetries. Finally, in a dynamic extension of our model, we show how competition depends on agents' discount … factors. -- Network Effects ; Switching Costs ; Bertrand Competition …

We analyze market dynamics under Bertrand duopoly competition in industries with network effects and consumer switching …

gatekeeper to these consumers. Competitive strategies leading to intense competition on the consumer side reduce profits on that …

effects and platforms. Moreover, platform competition literature has not considered how algorithms may affect competition …. This paper considers algorithmic platform pricing and its effect on platform competition outcomes. We evaluate the impact …