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We analyze Bertrand duopoly competition in markets with network effects and consumer switching costs. Depending on the ratio of switching costs to network effects, our modelerates four different market patterns: monopolization and market sharing which can be either monotone or alternating. A...
Persistent link: https://www.econbiz.de/10010305915
We analyze Bertrand duopoly competition in markets with network effects and consumer switching costs. Depending on the ratio of switching costs to network effects, our model generates four different market patterns: monopolization and market sharing which can be either monotone or alternating. A...
Persistent link: https://www.econbiz.de/10009236846
We analyze market dynamics under Bertrand duopoly competition in industries with network effects and consumer switching 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...
Persistent link: https://www.econbiz.de/10003726117
We analyze market dynamics under Bertrand duopoly competition in industries with network effects and consumer switching 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...
Persistent link: https://www.econbiz.de/10012724212
In many markets, such as education, health care and public utilities, firms are often profit-constrained either due to regulation or because they have non-profit status. At the same time such firms might have altruistic concerns towards consumers. In this paper we study semi-altruistic firms’...
Persistent link: https://www.econbiz.de/10014185882
Informations- und Kommunikationstechnologien (IKT) sind der Antrieb des modernen Innovationsprozesses. Für besseres Verständnis dieser Dynamik, analysiert diese Dissertation die Wechselwirkungen zwischen Innovation und Wettbewerb. Die Arbeit umfasst zwei Teile: Erstens wird die Frage...
Persistent link: https://www.econbiz.de/10009467260
Persistent link: https://www.econbiz.de/10009553931
Persistent link: https://www.econbiz.de/10013350387
open-loop solution (providers commit to an optimal investment plan at the initial period) and the feedback closed … the marginal provision cost is increasing, investment and quality are lower in the closed-loop solution: in fact, quality …
Persistent link: https://www.econbiz.de/10005504502
We analyse the effect of competition on quality in hospital market with regulated prices, considering both the effect of free patient choice (monopoly versus competition) and increased competition through lower transportation costs (increased substitutability). With partially altruistic...
Persistent link: https://www.econbiz.de/10005572459