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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w10774 |
来源ID | Working Paper 10774 |
Compatibility and Pricing with Indirect Network Effects: Evidence from ATMs | |
Christopher R. Knittel; Victor Stango | |
发表日期 | 2004-09-20 |
出版年 | 2004 |
语种 | 英语 |
摘要 | Incompatibility in markets with indirect network effects can affect prices if consumers value "mix and match" combinations of complementary network components. In this paper, we examine the effects of incompatibility using data from a classic market with indirect network effects: Automated Teller Machines (ATMs). Our sample covers a period during which higher ATM fees increased incompatibility between ATM cards (which are bundled with deposit accounts) and other banks' ATM machines. A series of hedonic regressions suggests that incompatibility strengthens the relationship between deposit account pricing and own ATMs, and weakens the relationship between deposit account pricing and competitors' ATMs. The effects of incompatibility are stronger in areas with high population density, suggesting that high travel costs increase both the strength of network effects and the importance of incompatibility in ATM markets. |
主题 | Industrial Organization ; Market Structure and Firm Performance ; Regulatory Economics ; Industry Studies |
URL | https://www.nber.org/papers/w10774 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/568406 |
推荐引用方式 GB/T 7714 | Christopher R. Knittel,Victor Stango. Compatibility and Pricing with Indirect Network Effects: Evidence from ATMs. 2004. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w10774.pdf(672KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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