Réseaux multiservices: équilibres et dynamique
Nicolas Curien and
Kenza Oubejja
Annals of Economics and Statistics, 1999, issue 53, 213-228
Abstract:
In this article we study the economic equilibrium of a multiservice network with positive externalities of consumption and vertical differenciation of quality. It is shown that depending on prices various equilibrium patterns emerge and exhibit alternately stable and unstable equilibria which may be interpreted as stages in the network dynamics.
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:adr:anecst:y:1999:i:53:p:213-228
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