Dec 1, 2023 · The competing products are functionally identical, and each customer's purchasing decision is based on the number of their peers who have ...
Competitive pricing under local network effects - ScienceDirect
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Dec 1, 2023 · This study allows different networks for different goods in competition and investigates the market equilibrium for the structural properties of ...
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This paper will study the pricing problem of two competitive products in a market characterized by local externalities. For this purpose, a stochastic model ...
When doctors are unconstrained in setting fees, they charge higher fees to high income patients. For a standard GP consultation, the average fee gap is 25% of a ...
Apr 29, 2024 · (2022) study a two-stage duopoly price competition under two different network effects in which both firms select quality levels in the first ...
May 27, 2023 · I am thrilled to announce the publication of our latest research paper titled "Competitive pricing under local network effects.
This paper presents a dynamic model of price competition between two platforms in which consumers value local network effects and choose one of the platforms ( ...
We develop a model in which a monopoly sells a network good and price discriminates based on information about consumers' influence and consumers' ...
Section 4 discusses pricing in markets in which multiple plat- forms are active and serve both sides. Section 5 presents alternative models of platform.
This paper shows that diffusion of products in a network effect market does not only vary with the set of pricing strategies chosen by competing vendors but ...