Abstract
A proportional decrease in switching costs increases competition and social welfare. However, a lump-sum decrease in switching costs softens competition and does not invariably increase social welfare.
| Original language | English |
|---|---|
| Pages (from-to) | 131-133 |
| Journal | Economics Letters |
| Volume | 109 |
| Issue number | 2 |
| Publication status | Published - 2010 |