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Bertrand competition in markets with network effects and switching costs

Suleymanova, Irina; Wey, Christian - 2011

We analyze Bertrand duopoly competition in markets with network effects and consumer switching costs. Depending on the …, and cost asymmetries. Finally, in a dynamic extension of our model, we show how competition depends on agents' discount … factors. -- Network Effects ; Switching Costs ; Bertrand Competition …

Persistent link: https://www.econbiz.de/10009236846

Bertrand Competition in Markets with Network Effects and Switching Costs

Suleymanova, Irina - 2008

We analyze market dynamics under Bertrand duopoly competition in industries with network effects and consumer switching …

Persistent link: https://www.econbiz.de/10012724212

Bertrand competition in markets with network effects and switching costs

Suleymanova, Irina (contributor); Wey, Christian (contributor) - 2008

We analyze market dynamics under Bertrand duopoly competition in industries with network effects and consumer switching … compatible and to create additional switching costs. -- Network effects ; switching costs ; Bertrand competition ; market …

Persistent link: https://www.econbiz.de/10003726117

Dynamic entry in vertically differentiated markets

Auer, Raphael A.; Sauré, Philip - 2016

We develop a model of vertical innovation in which firms incur a market entry cost and choose a unique level of quality. Once established, firms compete for market shares, selling to consumers with heterogeneous tastes for quality. The equilibrium of the pricing game exists and is unique within...

Persistent link: https://www.econbiz.de/10011547909

Vertical differentiation and collusion : cannibalization or proliferation?

Gabszewicz, Jean Jaskold; Marini, Marco A.; Tarola, Ornella - 2016

In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the assumption that some firms collude and control both the range of variants for sale and their corresponding prices, likewise a multiproduct firm. We analyse whether pruning...

Persistent link: https://www.econbiz.de/10011451580

Collusive Agreements in Vertically Differentiated Markets

Marini, Marco A. - 2017

This paper introduces a number of game-theoretic tools to model collusive agreements among firms in vertically differentiated markets. I firstly review some classical literature on collusion between two firms producing goods of exogenous different qualities. I then extend the analysis to a...

Persistent link: https://www.econbiz.de/10012954129

Vertical Differentiation and Collusion : Cannibalization or Proliferation?

Gabszewicz, Jean Jaskold - 2016

Persistent link: https://www.econbiz.de/10012997248

Finding endogenous market coverage equilibria in vertically differentiated markets under quality dependent costs

Pires, Cesaltina; Jorge, Sílvia; Catalão‐Lopes, … - 2022

valuation is low, the equilibrium involves quality choices that lead to a partial coverage duopoly. For slightly higher lowest … valuation levels, firms choose qualities in the interior of the region where a full coverage duopoly with a corner solution … frontier between the interior and the corner full coverage duopoly regions. Finally, for high lowest quality valuations the …

Persistent link: https://www.econbiz.de/10014237565

Pricing in asymmetric two-sided markets : a laboratory experiment

Weghake, Jens; Erlei, Mathias; Keser, Claudia; Schmidt, … - 2018 - Version: April 2018

We conducted a laboratory experiment to study the price setting behavior in two-sided markets. We seek to answer two specific research questions: Do participants charge the equilibrium prices that can be derived from a theoretical model? How is the price setting affected by the characteristics...

Persistent link: https://www.econbiz.de/10011825236

Electronic coordination in oligopolistic markets : impact on transport costs and product differentiation

Bandulet, Martin; Morasch, Karl - 2002

elektronische Koordination und in verstärkte Produktdifferenzierung in einem Duopol mit räumlich getrennten Märkten. Wir zeigen … duopoly where firms compete in two spatially separated markets. We show that firms always have nonnegative incentives to … strategies (most likely with digital products) and quantity competition (capacity decisions for physical products). Based on …

Persistent link: https://www.econbiz.de/10001736217