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I consider a dynamic model of competition between two proprietary networks. Consumers die and are replaced with a constant hazard rate. Firms compete for new consumers to join their network by offering network entry prices (which may be below cost). New consumers have a privately known...
Persistent link: https://www.econbiz.de/10012724501
We study oligopoly price competition between multiproduct firms, firms whose productsinteract in the promacr;t function. Specifically, we focus on the impact of intra firm product interactions on the level of equilibrium prices and promacr;ts. This impact is divided into two effects: a direct...
Persistent link: https://www.econbiz.de/10012769241
I consider a dynamic model of competition between two proprietary networks. Consumers die and are replaced with a constant hazard rate. Firms compete for new consumers to join their network by offering network entry prices (which may be below cost). New consumers have a privately known...
Persistent link: https://www.econbiz.de/10012769872
Persistent link: https://www.econbiz.de/10003669233