Network Effects and Switching Costs: Two Short Essays for the New Palgrave

17 Pages Posted: 2 Aug 2006

See all articles by Paul Klemperer

Paul Klemperer

University of Oxford - Department of Economics; Centre for Economic Policy Research (CEPR)

Abstract

We briefly survey the economics of network effects and switching costs (in 3,400 words).

For comprehensive coverage of the same ground see Farrell and Klemperer's 60,000-word contemporaneous survey.

Keywords: network effects, switching costs, lock-in, network externalities, co-ordination, indirect network effects

JEL Classification: L13, L15, L12, L14, D43, D42

Suggested Citation

Klemperer, Paul, Network Effects and Switching Costs: Two Short Essays for the New Palgrave. Available at SSRN: https://ssrn.com/abstract=907502 or http://dx.doi.org/10.2139/ssrn.907502

Paul Klemperer (Contact Author)

University of Oxford - Department of Economics ( email )

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Centre for Economic Policy Research (CEPR) ( email )

London
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