2016-07-22
A comparison of markets with and without switching costs
Publication
Publication
The influence of switching costs on market prices
Research shows that switching costs have effect on prices, market share and competition within the markets. In this paper, an analysis is made regarding switching costs in a two-time period. Consumers valuation influencing the profit is controlled for. This results in two different profit functions, one with and one without switching costs. Our results show indeed, what Klemperer states: markets will become less competitive within markets when switching costs occur.
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Kamphorst, J. | |
hdl.handle.net/2105/34269 | |
Business Economics | |
Organisation | Erasmus School of Economics |
Schermers, W.M.J. (Martijn). (2016, July 22). A comparison of markets with and without switching costs. Business Economics. Retrieved from http://hdl.handle.net/2105/34269
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