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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7778 |
DP7778 Competition with Local Network Externalities | |
Espen R. Moen; Christian Riis; Øystein Fjeldstad | |
发表日期 | 2010-04-04 |
出版年 | 2010 |
语种 | 英语 |
摘要 | Local network externalities are present when the utility of buying from a firm not only depends on the number of other customers (global network externalities), but also on their identity and/or characteristics. We explore the consequences of local network externalities within a framework where two firms compete offering differentiated products. We first show that local network externalities, in contrast to global network externalities, don't necessarily sharpen competition. Then we show that the equilibrium allocation is inefficient, in the sense that the allocation of consumers on firms does not maximize social surplus. Finally we show that local network externalities create a difference between the marginal and the average consumer, which gives rise to inefficiently high usage prices and too high level of compatibility between the networks. |
主题 | Industrial Organization |
关键词 | Competition Differentiated products Efficiency Local network externalities |
URL | https://cepr.org/publications/dp7778 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536613 |
推荐引用方式 GB/T 7714 | Espen R. Moen,Christian Riis,Øystein Fjeldstad. DP7778 Competition with Local Network Externalities. 2010. |
条目包含的文件 | 条目无相关文件。 |
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