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.
Cited by¶
1 citation across 1 artifact.
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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.
- 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.
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