Network Effects and Switching Costs: 
two short essays for the new New Palgrave

Paul Klemperer
Edgeworth Professor of Economics, Oxford University, 
and
Member, UK Competition Commission*


Abstract
We briefly survey the economics of network effects and switching costs (in 3,400 words).  

For comprehensive coverage of the same ground see Farrell and Klemperer’s 60,000-word 
contemporaneous survey, available at www.paulklemperer.org