Experimentation and learning with networks effects

Arthur Fishman, Neil Gandal

Research output: Contribution to journalArticlepeer-review

5 Scopus citations

Abstract

This paper considers learning in an competitive setting. By allowing an opponent a 'head start', unsuccessful unilateral experimentation may jeopardize future sales and profits. We show that even in the absence of spillover and signalling effects, competition can inhibit the scope of learning, relative to a monopoly.

Original languageEnglish
Pages (from-to)103-108
Number of pages6
JournalEconomics Letters
Volume44
Issue number1-2
DOIs
StatePublished - 1994
Externally publishedYes

Fingerprint

Dive into the research topics of 'Experimentation and learning with networks effects'. Together they form a unique fingerprint.

Cite this