the theory by presenting a framework encompassing both network and herd effects, and by delineating various types of … network and herd effects in our empirical work. In order to distinguish between herd and network externalities, we use the …

the theory by presenting a framework encompassing both network and herd effects, and by delineating various types of … network and herd effects in our empirical work. In order to distinguish between herd and network externalities, we use the …