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dc.contributor.authorAmir, Rabahen_US
dc.contributor.authorLazzati, Nataliaen_US
dc.date.accessioned2012-01-10en_US
dc.date.accessioned2012-01-11T11:23:55Z-
dc.date.available2012-01-11T11:23:55Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/54570-
dc.description.abstractThis paper provides a thorough analysis of oligopolistic markets with positive demand-side network externalities and perfect compatibility. The minimal structure imposed on the model primitives is such that industry output increases in a firm's rivals' total output as well as in the expected network size. This leads to a generalized equilibrium existence treatment that includes guarantees for a nontrivial equilibrium, and some insight into possible multiplicity of equilibria. We formalize the concept of industry viability and show that is it always enhanced by having more firms in the market and/or by technological improvements. We also characterize the effects of market structure on industry performance, with an emphasis on departures from standard markets. The approach relies on latticetheoretic methods, which allow for a unified treatment of various general results in the literature on network goods. Several illustrative examples with closed-form solutions are also provided.en_US
dc.language.isoengen_US
dc.publisherWissenschaftszentrum Berlin für Sozialforschung (WZB) Berlinen_US
dc.relation.ispartofseriesWZB Discussion Paper SP II 2010-12en_US
dc.subject.jelC72en_US
dc.subject.jelD43en_US
dc.subject.jelL13en_US
dc.subject.jelL14en_US
dc.subject.ddc330en_US
dc.subject.keywordNetwork effectsen_US
dc.subject.keyworddemand-side externalitiesen_US
dc.subject.keywordmonotone comparative staticsen_US
dc.subject.keywordCournot oligopolyen_US
dc.subject.keywordsupermodularityen_US
dc.titleNetwork effects, market structure and industry performanceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn682525219en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:wzbmbh:SPII201012-
Appears in Collections:Publikationen von Forscherinnen und Forschern des WZB
Discussion Papers, Abteilung Verhalten auf Märkten, WZB

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