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2226 L.A. Stole tion policies,8 collusion and intertemporal price discrimination,9 price discrimination in aftermarkets10, advance-purchase discounts,11 price discrimination in telecommuni- cations,12 and the strategic effect of product lines in imperfectly competitive settings.13 It is well known that price discrimination is only feasible under certain conditions:
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Switching costs and network effects bind customers to vendors if products are incompatible, locking customers or even markets in to early choices. Lock-in hinders customers from changing suppliers in response to (predictable or unpredictable) changes in efficiency, and gives vendors lucrative ex post market power - over the same buyer in the case of switching costs (or brand loyalty), or over.
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Description. This is Volume 3 of the Handbook of Industrial Organization series (HIO). Volumes 1 & 2 published simultaneously in 1989 and many of the chapters were widely cited and appeared on graduate reading lists. Since the first volumes published, the field of industrial organization has continued to evolve and this volume fills the gaps.
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