Showing 1 - 10 of 11
A decision-maker exhibits preference for flexibility if he always prefers any set of alternatives to its subsets, even … when two of them contain the same best element. Desire for flexibility can be explained as the consequence of the agent …
Persistent link: https://www.econbiz.de/10010773127
Correlation networks. This approach is based on a var approximation of the process and allows to decompose the long run linkages …
Persistent link: https://www.econbiz.de/10010851344
European and the US mobile communication services markets have developed in rather different ways. There are striking differences in termination regulation and retail pricing models and one may wonder why this occurred and whether either of the markets outperforms the other in terms of...
Persistent link: https://www.econbiz.de/10010851429
This paper studies the role coworker-based networks play for individual labour market outcomes. I analyse how the … these networks that is due to the occurrence of mass-layoffs in the establishments of former coworkers. The empirical …
Persistent link: https://www.econbiz.de/10010851437
network i pays to network j as a linear function of the marginal costs and the retail prices set by both networks. In the case …We study a retail benchmarking approach to determine access prices for interconnected networks. Instead of considering … of competition in linear prices, we show that there is a unique linear rule that implements the Ramsey outcome as the …
Persistent link: https://www.econbiz.de/10010547219
We extend Jackson and Watts's (2002) result on the coincidence of S-stochastically stable and core stable networks from …
Persistent link: https://www.econbiz.de/10010547235
We build a model where investments in human capital depend on the state of an individual's social network. We show that correlation patterns between parents' and children's human capital investment and income depend on the structure of their social network. Heavier reliance on the social network...
Persistent link: https://www.econbiz.de/10010547294
network uses non-linear prices and can apply termination-based price discrimination. In the case of a fixed per minute …
Persistent link: https://www.econbiz.de/10010547319
We re-examine the literature on mobile termination in the presence of network externalities. Externalities arise when firms discriminate between on- and off-net calls or when subscription demand is elastic. This literature predicts that profit decreases and consumer surplus increases in...
Persistent link: https://www.econbiz.de/10010547369
, and we compare two networks of agents that are identical except that one group starts with a worse wage status, then that …
Persistent link: https://www.econbiz.de/10010547372