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The Internet continues to evolve as it reaches out to a wider user population. The recent introduction of user …-friendly navigation and retrieval tools for the World Wide Web has triggered an unprecedented level of interest in the Internet among the … needed in the control mechanisms used to allocate usage of Internet resources. In this paper, we argue that a feedback signal …
Persistent link: https://www.econbiz.de/10005135089
evolutionarily stable outcome for dynamic models consisting of selection and mutation, when the mutation rate is low and the …
Persistent link: https://www.econbiz.de/10005407617
The periodical re-auction of a water monopoly concession causes the danger of underinvestment. If the life-time of specific assets such as water pipes exceeds the contract length and transferring the ownership of assets is difficult, the incumbent franchisee faces a hold-up problem. Using a...
Persistent link: https://www.econbiz.de/10005125890
acceptance by merchants. In this paper, we study the set of interrelated bilateral transactions in credit card networks. First …
Persistent link: https://www.econbiz.de/10005126052
. A Internet, enquanto canal de distribuição privilegiado, tem servido também de instrumento para a convergência de … models is observed, which conjoin the incorporation of Information and Communication Technologies. Internet as privileged …, Networks, Strategy, Banking. …
Persistent link: https://www.econbiz.de/10005134418
We discuss issues of the application of antitrust law and regulatory rules to network industries. In assessing the application of antitrust in network industries, we analyze a number of relevant features of network industries and the way in which antitrust law and regulatory rules can affect...
Persistent link: https://www.econbiz.de/10005134419
We develop a model to study the deployment of shared automated teller machines (ATMs) by banks when an interchange system compensates them for processing foreign withdrawals. The interchange fee is chosen collectively by banks and it is paid by the withdrawer's bank to the ATM-owning bank. We...
Persistent link: https://www.econbiz.de/10005134463
the telecom bubble, the impact on pricing of digitization and the emergence of Internet telephony. We briefly examine the …
Persistent link: https://www.econbiz.de/10005134546
We consider a model with two backbones and a finite number of Internet Service Providers (ISPs) connected to the …
Persistent link: https://www.econbiz.de/10005134982
We develop a model where agents obtain information about job opportunities through an explicitly modeled network of social contacts. We show that an improvement in the employment status of either an agent's direct or indirect contacts leads to an increase in the agent's employment probability...
Persistent link: https://www.econbiz.de/10005135002