New Network Goods

Detalhes bibliográficos
Autor(a) principal: Leão, João
Data de Publicação: 2003
Outros Autores: Santos, Vasco
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Texto Completo: http://hdl.handle.net/10362/83491
Resumo: New horizontally-differentiated goods involving product-specific network effects are quite prevalent. Consumers’ market-wide preference for each of these goods typically is initially unknown. Later, as sales data begin to accumulate, agents learn market-wide preferences, which thus become common knowledge. We study such a market, pinpointing the factors which determine whether the market-wide preferred firm reinforces its lead as time elapses, penetration and under-cost pricing prevail, and first- or last-mover effects in market-wide preferences occur.
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spelling New Network GoodsNetwork effectsHorizontal differentiationNew horizontally-differentiated goods involving product-specific network effects are quite prevalent. Consumers’ market-wide preference for each of these goods typically is initially unknown. Later, as sales data begin to accumulate, agents learn market-wide preferences, which thus become common knowledge. We study such a market, pinpointing the factors which determine whether the market-wide preferred firm reinforces its lead as time elapses, penetration and under-cost pricing prevail, and first- or last-mover effects in market-wide preferences occur.Nova SBERUNLeão, JoãoSantos, Vasco2019-10-07T11:00:35Z2003-102003-10-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10362/83491engLeão, João and Santos, Vasco, New Network Goods (October, 2003). FEUNL Working Paper Series No. 439info:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2024-05-22T17:41:29Zoai:run.unl.pt:10362/83491Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T17:12:39.401366Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv New Network Goods
title New Network Goods
spellingShingle New Network Goods
Leão, João
Network effects
Horizontal differentiation
title_short New Network Goods
title_full New Network Goods
title_fullStr New Network Goods
title_full_unstemmed New Network Goods
title_sort New Network Goods
author Leão, João
author_facet Leão, João
Santos, Vasco
author_role author
author2 Santos, Vasco
author2_role author
dc.contributor.none.fl_str_mv RUN
dc.contributor.author.fl_str_mv Leão, João
Santos, Vasco
dc.subject.por.fl_str_mv Network effects
Horizontal differentiation
topic Network effects
Horizontal differentiation
description New horizontally-differentiated goods involving product-specific network effects are quite prevalent. Consumers’ market-wide preference for each of these goods typically is initially unknown. Later, as sales data begin to accumulate, agents learn market-wide preferences, which thus become common knowledge. We study such a market, pinpointing the factors which determine whether the market-wide preferred firm reinforces its lead as time elapses, penetration and under-cost pricing prevail, and first- or last-mover effects in market-wide preferences occur.
publishDate 2003
dc.date.none.fl_str_mv 2003-10
2003-10-01T00:00:00Z
2019-10-07T11:00:35Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/83491
url http://hdl.handle.net/10362/83491
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Leão, João and Santos, Vasco, New Network Goods (October, 2003). FEUNL Working Paper Series No. 439
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Nova SBE
publisher.none.fl_str_mv Nova SBE
dc.source.none.fl_str_mv reponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
instacron:RCAAP
instname_str FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
instacron_str RCAAP
institution RCAAP
reponame_str Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
collection Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
repository.name.fl_str_mv Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
repository.mail.fl_str_mv info@rcaap.pt
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