-use and multi-use consumers, and services exhibit network externalities. In the agency model, the presence of multi …

-use and multi-use consumers, and services exhibit network externalities. In the agency model, the presence of multi …

This paper studies biased-manager hiring in a market with network externalities and product compatibility. We show that … competition, product compatibility is crucial in alleviating the "prisoner’s dilemma" due to the net network effect of network … externalities with product compatibility. In Bertrand competition, the "prisoner’s dilemma" is resolved when the augmented net …

. SGEIs have the characteristic of networked services and, as such, generate network externalities, as considered by the … theory of market failures. This paper analyses the potential of the US in its role as a remedy for network externalities. In … the SGEI context, the large number of participants reinforces network externalities, while limiting coordination …

reflect switching costs and network externalities (demand-side factors). Although an incumbent can gain advantages from demand …