This paper models the competition of user networks as a continuous-time Markov process. It presents a dynamic version … competition can be characterized by the coexistence of lock-in regimes and a 'metastable' state - i.e. a state which is a …

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 … compatible and to create additional switching costs. -- Network effects ; switching costs ; Bertrand competition ; market …

good for policyholders, in a context where competition between health plans can lead to a "death spiral" for the less … the market for health (policyholders and physicians), we are able to find examples in which competition between health …

We study competition in two sided markets with common network externality rather than with the standard inter-group e … that the presence of network externalities in a two-sided market structure increases the intensity of competition when the …

information to agents on current competition levels. Disclosing competition reduces the perceived value of popular units, but, at … workers to internalize competition at the lead level and captures the equilibrium effect of such reaction to competition at …'s pricing policy. Using the estimated model, we conduct counterfactual analyses to study the impact of signaling competition on …