Switching costs may facilitate monopoly pricing in a market with price competition between two suppliers of a homogenous good, provided the switchi8ng cost is above some critical level. It is also well known that asymmetric size of customer bases makes monopoly pricing more difficult. Adding consumer heterogeneity to the model we demonstrate that also composition of each rm’s customer base affects pricing, and this composition may aggravate or ease the incentives to break out of the monopoly pricing equilibrium
We consider a simple two period model where consumers have different switching costs. Before the mar...
In a dynamic competition model where firms initially share half of the market and consumers have swi...
In a competitive environment, switching costs have two eects. First, they increase the market power ...
Switching costs may facilitate monopoly pricing in a market with price competition between two suppl...
Switching costs may facilitate monopoly pricing in a market with price competition between two suppl...
It is well-known that switching costs may facilitate monopoly pricing in a market with price competi...
In a duopoly with price discrimination and switching costs, we analyse the evolution of market stru...
We analyze two-part tariffs in an oligopoly, where each firm commits to a quantity and a fixed fee p...
In a duopoly with price discrimination and switching costs, we analyse the evolution of market struc...
Duopolists selling differentiated products can generate less consumer surplus than a monopoly sellin...
We analyze two-part tariffs in an oligopoly, where each firm commits to a quantity and a fixed fee p...
Duopolists selling differentiated products can generate less consumer surplus than a monopoly sellin...
This paper studies a dynamic two-sided market in which consumers face switching costs between compet...
In a duopoly with price discrimination and switching costs, we analyse the evolution of market struc...
We analyze the effects of asymmetric switching costs on two identical firms that produce an homogene...
We consider a simple two period model where consumers have different switching costs. Before the mar...
In a dynamic competition model where firms initially share half of the market and consumers have swi...
In a competitive environment, switching costs have two eects. First, they increase the market power ...
Switching costs may facilitate monopoly pricing in a market with price competition between two suppl...
Switching costs may facilitate monopoly pricing in a market with price competition between two suppl...
It is well-known that switching costs may facilitate monopoly pricing in a market with price competi...
In a duopoly with price discrimination and switching costs, we analyse the evolution of market stru...
We analyze two-part tariffs in an oligopoly, where each firm commits to a quantity and a fixed fee p...
In a duopoly with price discrimination and switching costs, we analyse the evolution of market struc...
Duopolists selling differentiated products can generate less consumer surplus than a monopoly sellin...
We analyze two-part tariffs in an oligopoly, where each firm commits to a quantity and a fixed fee p...
Duopolists selling differentiated products can generate less consumer surplus than a monopoly sellin...
This paper studies a dynamic two-sided market in which consumers face switching costs between compet...
In a duopoly with price discrimination and switching costs, we analyse the evolution of market struc...
We analyze the effects of asymmetric switching costs on two identical firms that produce an homogene...
We consider a simple two period model where consumers have different switching costs. Before the mar...
In a dynamic competition model where firms initially share half of the market and consumers have swi...
In a competitive environment, switching costs have two eects. First, they increase the market power ...