Научный семинар Эндрю Родеса (Университет Оксфорда): «Small switching costs are pro-competitive»
В четверг, 29 сентября в 16.30 в ауд. Ж-822 (Покровский бульвар, 11) прошел научный семинар МИЭФ.
Докладчик: Эндрю Родес (Университет Оксфорда)
Тема доклада: «Small switching costs are pro-competitive»
Тезисы доклада: When consumers face switching costs, they are less likely to change supplier in order to get a better deal. On the one hand firms want to charge a high price and exploit existing customers. But on the other hand firms want to charge a low price and attract people who can be exploited in the future. Theoretical models conclude that switching costs are anti-competitive because the former effect dominates the latter. These models usually assume homogeneous products and/or large switching costs. I build a less restrictive model, and find that switching costs are strongly pro-competitive and often beneficial to consumers.