Webdegree of focality, the high-quality platform can dominate the market (even though network e ects are more important than the quality gap), if the focality advantage of the low … WebOne platform enjoys a quality advantage and the other benefits from favorable beliefs. We study whether the group mitigates the users' coordination problem –i.e., joining a low-quality platform because they believe that other users would do the same.

Dynamic competition with network externalities: how history …

WebMar 1, 2024 · Competition for the market, whereby firms compete by innovating to attain temporary market dominance, is often referred to as Schumpeterian competition. The … WebFeb 1, 2024 · Focality advantage in platform competition. Article. Jan 2024; Hanna Hałaburda; Yaron Yehezkel; We consider a methodology for studying how beliefs shape platform competition based on the notion ... china brushed brass handles

Hanna HAŁABURDA The Bank of Canada, Ottawa - ResearchGate

WebOct 22, 2015 · Platform competition typically involves not only network e ects, but also repeated inter-action. We often observe that the platform that was dominant in the … WebThe concept of focality is useful for modeling platform competition when the presence of network effects results in multiple equilibria for a certain set of prices. We illustrate … Webfor modeling a varying strength of focality advantage in both a static and a dynamic model. This methodology can provide a valuable tool to researchers, for studying additional research questions concerning platform competition. We model focality by extending the concept of platform focality de ned by Caillaud and Jullien (Rand; graff public solutions