Coordination and Lock-In: Competition with Switching Costs and Network Effects

By Joseph Farrell, Paul Klemperer. 2006

1,351 citations recorded by the source corpus.

Subfields: Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/021951345c82d3e626603428a316c14177435aa5

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Citations in the corpus

What is Web 2.0? Ideas, technologies and implications for education (2007, background): “There are also implications for those involved in the framing of technology standards (Farrel and Klemperer, 2006), where the need for interoperability is important in order to avoid forms of lock-in.”
Failure to Launch: Critical Mass in Platform Businesses (2010, neutral): “10 See Katz and Shapiro (1994), Economides (1996), and Farrell and Klemperer (2007) for surveys of this mainly theoretical literature; Birke (2008) discusses related empirical work.”
Search Frictions and Market Power in Negotiated-Price Markets (2019, background): “For a discussion about competition when one firm has more information about a consumer learned from their past purchases see Fudenberg and Villas-Boas (2007). A subset of this literature has focused on credit markets and the extent to which lenders can learn about the ability of their borrowers to r”
Do Consumers Switch to the Best Supplier (2007, neutral): “…and under a range of assumptions, only 8-19% of consumers switched to the firm offering the highest surplus and, in aggregate, switching 1 See Farrell and Klemperer (2006) for a review of the market power effects of switching costs, Baye et al (forthcoming) for search costs, and Gabaix et al…”
The Demarcation of Land and the Role of Coordinating Property Institutions (2011, result): “As long as the terrain is relatively 4 These results are consistent with the transaction cost analysis of Coase (1960), Williamson (1975), and Barzel (1982) and the network analysis of Baird, Gertner, and Picker (1994), Dixit (2003), and Farrell and Klemperer (2007).”
On the role of consumer expectations in markets with network effects (2012, methodology): “2See Farrell and Klemperer (2007) for a recent survey of the network e¤ects literature.”
Path dependence, innovation and the economics of climate change (2014, background): “Infrastructure is often locked-in due to switching costs (Farrell and Klemperer, 2005).”