Competition when consumers have switching costs

Klemperer, P. (1995). Competition when consumers have switching costs: An overview with applications to industrial organization, macroeconomics, and international trade. Review of Economic Studies, 62(4), 515-539.

Type

Journal article

Intellectual base

Review or monograph

Year

1995

Volume

62

Issue

4

Pages

515-539

DOI registrant

registered by a platform that did not publish the work; the publisher is not recorded

Link

https://doi.org/10.2307/2298075 not authoritativefound

Cited from

economics_finance

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Primes

• Lock-In
  • Lock-in encodes a structural pattern: initial commitment → accumulating complementary investment → non-transferability of that investment → cost asymmetry at the present moment, formalized in the switching-cost economics tradition Klemperer (1995) consolidated.

    This sourceConsolidates the switching-cost economics literature; formalizes the structural mechanism by which initial commitment plus accumulating complementary investment plus non-transferability produces present-state cost asymmetry.

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Registry ID ref:7a9eaaa22ba1 · see in the full table