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Recent theoretical models of network competition with call externalities demonstrate strategic incentives of incumbent providers to reduce receiver benefits in rival network by excessive off-net pricing. Such anti-competitive pricing practices have a potentially damaging impact on financial...
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to 23%. Using counterfactual computations derived from the estimates of the structural demand model, I demonstrate that …
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toward earning a reward. We define a measure of switching costs and use a dynamic structural model of demand in a reward …
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