Death through Success : The Rise and Fall of Local Service Competition at the Turn of the Century

@inproceedings{MbiusDeathTS,
  title={Death through Success : The Rise and Fall of Local Service Competition at the Turn of the Century},
  author={Markus M. M{\"o}bius}
}
This paper develops a model of delayed network effects to explore the curious dynamics of competition in the local telephone market between AT&T and the ’Independents’ at the turn of the century. In the early years of telephone diffusion, local service competition between these two non-interconnected networks became widespread, but declined rapidly when… CONTINUE READING