Suleymanova, Irina; Wey, Christian - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008
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 effects, our model generates convergence to monopoly as well as market … consumers are trapped into one technology for sure only occurs for intermediate values of switching costs, whereas for large …