Network Effects and Switching Costs: Two Short Essays for the New Palgrave
17 Pages Posted: 2 Aug 2006
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: Suggested Citation