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Product adoption and pricing with network externalities

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Chakravarty, Sujoy - In: Organizing the new industrial economy, (pp. 189-236). 2003

This paper studies product adoption as modeled by Katz and Shapiro (1986) in an experimental setting. Two sellers offer competing, incompatible technologies and two groups of buyers make purchase decisions sequentially in a two-stage game of complete information. Value to a buyer from purchasing...

Persistent link: https://www.econbiz.de/10015388963

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