Bertrand Competition with Network Effects and Switching Costs: An Agent-based Computational Approach

Kutay Hakkı Çilingiroğlu

TR

Bertrand Competition with Network Effects and Switching Costs: An Agent-based Computational Approach

Abstract

Economics is a complex system that requires different approaches for analysis. I analyzed switching costs and network effects together with a new simulation approach to modeling systems composed of autonomous and interacting agents. Agent based computational economics is one of the simulation tools and an efficient tool box for complex economic systems. I developed an agent based computational model of duopolistic competition to analyze how the network eects and switching costs shape competitive outcomes by simulation methods.

Keywords

Agent-based Computational Economics,Switching Costs,Network Eects,Simulation

References

Arthur, W.B. (1989): "Competing Technologies, Increasing Returns, and Lock-In by Historical Events", Economic Journal 99, 116-131.

Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Authors

Kutay Hakkı Çilingiroğlu This is me

Publication Date

May 20, 2016

Submission Date

September 29, 2016

Acceptance Date

-

Published in Issue

Year 2016 Volume: 2 Number: 1

IZ

https://izlik.org/JA27YP94TZ

Cite

RIS / Bibtex

APA

Çilingiroğlu, K. H. (2016). Bertrand Competition with Network Effects and Switching Costs: An Agent-based Computational Approach. Yildiz Social Science Review, 2(1), 65-86. https://izlik.org/JA27YP94TZ

AMA

1.Çilingiroğlu KH. Bertrand Competition with Network Effects and Switching Costs: An Agent-based Computational Approach. YSSR. 2016;2(1):65-86. https://izlik.org/JA27YP94TZ

Chicago

Çilingiroğlu, Kutay Hakkı. 2016. “Bertrand Competition With Network Effects and Switching Costs: An Agent-Based Computational Approach”. Yildiz Social Science Review 2 (1): 65-86. https://izlik.org/JA27YP94TZ.

EndNote

Çilingiroğlu KH (May 1, 2016) Bertrand Competition with Network Effects and Switching Costs: An Agent-based Computational Approach. Yildiz Social Science Review 2 1 65–86.

IEEE

[1]K. H. Çilingiroğlu, “Bertrand Competition with Network Effects and Switching Costs: An Agent-based Computational Approach”, YSSR, vol. 2, no. 1, pp. 65–86, May 2016, [Online]. Available: https://izlik.org/JA27YP94TZ

ISNAD

Çilingiroğlu, Kutay Hakkı. “Bertrand Competition With Network Effects and Switching Costs: An Agent-Based Computational Approach”. Yildiz Social Science Review 2/1 (May 1, 2016): 65-86. https://izlik.org/JA27YP94TZ.

JAMA

1.Çilingiroğlu KH. Bertrand Competition with Network Effects and Switching Costs: An Agent-based Computational Approach. YSSR. 2016;2:65–86.

MLA

Çilingiroğlu, Kutay Hakkı. “Bertrand Competition With Network Effects and Switching Costs: An Agent-Based Computational Approach”. Yildiz Social Science Review, vol. 2, no. 1, May 2016, pp. 65-86, https://izlik.org/JA27YP94TZ.

Vancouver

1.Kutay Hakkı Çilingiroğlu. Bertrand Competition with Network Effects and Switching Costs: An Agent-based Computational Approach. YSSR [Internet]. 2016 May 1;2(1):65-86. Available from: https://izlik.org/JA27YP94TZ