Collusive Stability with Relative Performance and Network Externalities

Autor:	Yi-Shan Lu, Chien-Shu Tsai, Jen-Yao Lee, Chung-Yang Lee
Jazyk:	angličtina
Rok vydání:	2024
Předmět:	relative performance network externalities stability of collusion Technology Social Sciences
Zdroj:	Games, Vol 15, Iss 3, p 21 (2024)
Druh dokumentu:	article
ISSN:	2073-4336
DOI:	10.3390/g15030021
Popis:	In this paper, we aim to investigate the collusive stability in the presence of network externalities among firms with relative performance in the firm’s objective functions. We demonstrate that collusive stability is increasing (decreasing) in the degree of relative performance, product substitutability and network effect when the network effect is sufficiently large (small). A competition agency might need to provide different guidance for anti-competitive regulation in the network industry.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/49b79ac787554d6cb2c80b287778fafd Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF Plný text ve formátu HTML
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