Experimentation and learning with networks effects

Arthur Fishman; Neil Gandal

doi:10.1016/0165-1765(94)90146-5

Experimentation and learning with networks effects

Arthur Fishman
, Neil Gandal

Tel Aviv University

Research output: Contribution to journal › Article › peer-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 language	English
Pages (from-to)	103-108
Number of pages	6
Journal	Economics Letters
Volume	44
Issue number	1-2
DOIs	https://doi.org/10.1016/0165-1765(94)90146-5
State	Published - 1994
Externally published	Yes

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Experimentation and learning with networks effects

Abstract

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