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• W1512388671 abstract "Two sellers engage in price competition to attract buyers located on a network. The value of the good of either seller to any buyer depends on the number of neighbors on the network who consume the same good. For a generic specification of consumption externalities, we show that an equilibrium price equals the marginal cost if and only if the buyer network is complete or cyclic. When the externalities are approximately linear in the size of consumption, we identify the classes of networks in which one of the sellers monopolizes the market, or the two sellers segment the market." @default.
• W1512388671 created "2016-06-24" @default.
• W1512388671 creator A5030800965 @default.
• W1512388671 date "2017-01-01" @default.
• W1512388671 modified "2023-09-25" @default.
• W1512388671 title "Bertrand Competition under Network Externalities" @default.
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• W1512388671 doi "https://doi.org/10.2139/ssrn.2932582" @default.
• W1512388671 hasPublicationYear "2017" @default.
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