Arbeitspapier
Network Markets and Consumer Coordination
This paper analyzes pricing decisions and competition in network markets, assuming that groups of consumers can coordinate their choices when it is in their interest, if coordination does not require communication. It is shown that multiple asymmetric networks can coexist in equilibrium. A monopolist might operate multiple ex ante identical networks to price differentiate. In Bertrand competition different firms might target high reservation value consumers on different sides of the market. Firms can obtain positive profits in price competition. Product differentiation in equilibrium is endogenized by consumers' network choices. Enough heterogeneity in reservation values is necessary for existence of these asymmetric equilibria.
- ISBN
-
9639588245
- Sprache
-
Englisch
- Erschienen in
-
Series: IEHAS Discussion Papers ; No. MT-DP - 2004/23
- Klassifikation
-
Wirtschaft
Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection
Externalities
Production, Pricing, and Market Structure; Size Distribution of Firms
Transactional Relationships; Contracts and Reputation; Networks
- Thema
-
two-sided markets
network externalities
platform competition
coordination
Netzwerkökonomik
Verbraucher
Koordination
Monopol
Duopol
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ambrus, Attila
Argenziano, Rossella
- Ereignis
-
Veröffentlichung
- (wer)
-
Hungarian Academy of Sciences, Institute of Economics
- (wo)
-
Budapest
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Ambrus, Attila
- Argenziano, Rossella
- Hungarian Academy of Sciences, Institute of Economics
Entstanden
- 2004
Ähnliche Objekte (12)
Network markets and consumer coordination
On the role of consumer expectations in markets with network effects
On Mergers in Consumer Search Markets
On the (mis-) alignment of consumer and social welfare in markets with network effects
Direct to consumer advertising in pharmaceutical markets
Learning, Network Formation and Coordination
Coordination Failures in Network Migration
Network formation and social coordination
Product Durability in Markets with Consumer Lock-in
Incentives and coordination in vertically related energy markets
Benefits of relationship banking: Evidence from consumer credit markets
Pricing, Consumer Search and the Size of Internet Markets
Network markets and consumer coordination
On the role of consumer expectations in markets with network effects
On Mergers in Consumer Search Markets
On the (mis-) alignment of consumer and social welfare in markets with network effects
Direct to consumer advertising in pharmaceutical markets
Learning, Network Formation and Coordination
Coordination Failures in Network Migration
Network formation and social coordination
Product Durability in Markets with Consumer Lock-in
Incentives and coordination in vertically related energy markets
Benefits of relationship banking: Evidence from consumer credit markets
Pricing, Consumer Search and the Size of Internet Markets
Network markets and consumer coordination
On the role of consumer expectations in markets with network effects
On Mergers in Consumer Search Markets
On the (mis-) alignment of consumer and social welfare in markets with network effects
Direct to consumer advertising in pharmaceutical markets
Learning, Network Formation and Coordination
Coordination Failures in Network Migration
Network formation and social coordination
Product Durability in Markets with Consumer Lock-in
Incentives and coordination in vertically related energy markets
Benefits of relationship banking: Evidence from consumer credit markets