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- W1974920503 abstract "In markets subject to network effects, firms often remove some functions of their original products and sell a functionally-downgraded version at a lower or zero price. This paper aims to provide a pure network effect based explanation of such a practice. Building a functional degradation model with asymmetric network effects, we investigate when and why firms have incentives to introduce a functionally-degraded good and discuss its welfare implication." @default.
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- W1974920503 date "2006-06-01" @default.
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- W1974920503 title "FUNCTIONAL DEGRADATION AND ASYMMETRIC NETWORK EFFECTS*" @default.
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- W1974920503 doi "https://doi.org/10.1111/j.1467-6451.2006.00282.x" @default.
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