| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11207 |
| DP11207 The value of incumbency in heterogeneous platforms | |
| JACQUES CREMER; Gary Biglaiser | |
| 发表日期 | 2016-03-31 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | We study the dynamics of competition in a model with network effects, an incumbent and entry. We propose a new way of representing the strategic advantages of incumbency in a static model. We then embed this static analysis in a dynamic framework with heterogeneous consumers. We completely identify the conditions under which inefficient equilibria with two platforms will emerge at equilibrium; explore the reasons why these inefficient equilibria arise; and compute the profits of the incumbent when there is only one platform at equilibrium. |
| 主题 | Industrial Organization |
| 关键词 | Network externalities Network effects Plaforms |
| URL | https://cepr.org/publications/dp11207 |
| 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/540024 |
| 推荐引用方式 GB/T 7714 | JACQUES CREMER,Gary Biglaiser. DP11207 The value of incumbency in heterogeneous platforms. 2016. |
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