Network-induced Lock-in - A choice experiment examining social-network-caused online user inertia
(2008) NEK691 20082Department of Economics
- Abstract
- This essay examines whether there is empirical evidence of greater switching costs, and consequently greater lock-in eects, in the choice between online services bearing social characteristics than in the choice between services lacking such social network characteristics. An online choice experiment was performed where respondents were asked to choose between consumption bundles consisting of either web search engines or social network websites. The dataset was evaluated using a chi-square test and a probit regression analysis to check for correlations with demographic variables. The results show that switching costs are signicantly higher for social network websites, and that the probability of switching increases with age.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1857889
- author
- Broel-Plater, Jan
- supervisor
-
- Jerker Holm LU
- organization
- course
- NEK691 20082
- year
- 2008
- type
- M2 - Bachelor Degree
- subject
- keywords
- choice experiment, Network effects, switching costs
- language
- English
- id
- 1857889
- date added to LUP
- 2012-09-28 13:07:23
- date last changed
- 2012-09-28 13:07:23
@misc{1857889, abstract = {{This essay examines whether there is empirical evidence of greater switching costs, and consequently greater lock-in eects, in the choice between online services bearing social characteristics than in the choice between services lacking such social network characteristics. An online choice experiment was performed where respondents were asked to choose between consumption bundles consisting of either web search engines or social network websites. The dataset was evaluated using a chi-square test and a probit regression analysis to check for correlations with demographic variables. The results show that switching costs are signicantly higher for social network websites, and that the probability of switching increases with age.}}, author = {{Broel-Plater, Jan}}, language = {{eng}}, note = {{Student Paper}}, title = {{Network-induced Lock-in - A choice experiment examining social-network-caused online user inertia}}, year = {{2008}}, }