Dynamic competition with network externalities: how history matters.

We consider dynamic competition among platforms in a market with network externalities. A platform that dominated the market in the previous period becomes "focal" in the current period, in that agents play the equilibrium in which they join the focal platform whenever such equilibrium exists. Yet w...

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Bibliographic Details

Published in:	RAND Journal of Economics (Wiley-Blackwell) Vol. 51; no. 1; pp. 3 - 32
Main Authors:	Halaburda, Hanna, Jullien, Bruno, Yehezkel, Yaron
Format:	Article
Published:	Wiley-Blackwell Mar2020
Subjects:	Externalities Charities Time perspective Multilevel marketing Equilibrium
Online Access:	View this record in EBSCOhost