Tools
Tools
Crémer, Jacques
, Biglaiser, Gary and Veiga, André
(2022)
Should I stay or should I go? Migrating away from an incumbent platform.
RAND Journal of Economics, vol. 53 (n° 3).
pp. 453-483.
This is the latest version of this item.
Preview |
Text
Download (702kB) | Preview |
Abstract
We study incumbency advantage in markets with positive consumption externalities. Users of an incumbent platform receive sto- chastic opportunities to migrate to an entrant and can either accept them or wait for a future opportunity. In some circumstances, users have incentives to delay migration until others have migrated. If they all do so, no migration takes place, even when migration would have been Pareto-superior. We use our framework to identify environments where incumbency advantage is larger. A key result is that having more migration opportunities actually increases incumbency advantage.
| Item Type: | Article |
|---|---|
| Language: | English |
| Date: | August 2022 |
| Refereed: | Yes |
| Uncontrolled Keywords: | Platform, Migration, Standardization and Compatibility, Industry Dynamics |
| JEL Classification: | D85 - Network Formation and Analysis - Theory L14 - Transactional Relationships; Contracts and Reputation; Networks L15 - Information and Product Quality; Standardization and Compatibility L16 - Industrial Organization and Macroeconomics - Industrial Structure and Structural Change; Industrial Price Indices R23 - Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Site: | UT1 |
| Date Deposited: | 19 Sep 2022 13:40 |
| Last Modified: | 18 Jul 2023 10:15 |
| OAI Identifier: | oai:tse-fr.eu:126340 |
| URI: | https://publications.ut-capitole.fr/id/eprint/46198 |
Available Versions of this Item
-
Should I stay or should I go? Migrating away from an incumbent platform. (deposited 11 Jan 2022 09:58)
- Should I stay or should I go? Migrating away from an incumbent platform. (deposited 19 Sep 2022 13:40) [Currently Displayed]
