期刊名称：CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度：2008
卷号：1
出版社：Center for Operations Research and Econometrics (UCL), Louvain
摘要：In this paper, we investigate dynamic price competition when firms strategically interact in
two distinct but interrelated markets: a primary market and an aftermarket, where indirect
network effects arise. We set up a differential game of two-dimensional price competition and
we conclude that the absence of price competition in the aftermarket (competition in the
market) fosters dynamic price competition in the primary market (competition for the market).
We also investigate the impact of network sizes on firms' prices in the primary market
concluding that, in equilibrium, larger firms have incentives to compete more fiercely for new
"uncolonized" consumers.
