?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F16551%2F&rft.title=Switching+Costs+in+Two-sided+Markets&rft.creator=Lam%2C+Wing+Man+Wynne&rft.subject=B-+ECONOMIE+ET+FINANCE&rft.description=This+paper+studies+a+dynamic+two-sided+market+in+which+consumers+face+switching+costs+between+competing+products.+I+first+show+that%2C+in+a+symmetric+equilibrium%2C+switching+costs+lower+the+first-period+price+if+network+externalities+are+strong.+By+contrast%2C+switching+costs+soften+price+competition+in+the+initial+period+if+network+externalities+are+weak+and+consumers+are+more+patient+than+the+platforms.+Second%2C+an+increase+in+switching+costs+on+one+side+decreases+the+first-period+price+on+the+other+side.+Finally%2C+consumer+heterogeneity+such+as+the+presence+of+more+loyal+and+naive+customers+on+one+side+intensifies+first-period+competition+on+this+side+but+softens+first-period+competition+on+the+other+side.&rft.publisher=TSE+Working+Paper&rft.date=2014-08&rft.type=Monograph&rft.type=NonPeerReviewed&rft.format=text&rft.language=en&rft.identifier=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F16551%2F1%2Fwp_tse_517.pdf&rft.identifier=++Lam%2C+Wing+Man+Wynne+%3Chttps%3A%2F%2Fwww.idref.fr%2F182193195%3E++(2014)+Switching+Costs+in+Two-sided+Markets.++TSE+Working+Paper%2C+n.+14-517+++++&rft.relation=http%3A%2F%2Ftse-fr.eu%2Fpub%2F28398&rft.language=en