Showing 1 - 10 of 20
the crafting of standards that include a substantial design component (SSDC), or “anticipatory” standards. SSDC require …-setting processes as a complex interplay among three forces: sense-making, design, and negotiation (DSN). The DSN model provides the …
Persistent link: https://www.econbiz.de/10005622713
This paper investigates the patent licensing networks formed by competing firms. Assuming that licensing agreements can … involve the payment of fixed fees only and that firms compete à la Cournot, we show that the complete network is always … bilaterally efficient and that the monopoly network is bilaterally efficient if the patents are complementary enough. In the case …
Persistent link: https://www.econbiz.de/10010933642
Abstract I model dynamic product design along price and non-price dimensions by a firm in a market with positive … network externalities between consumers. In the case of a usage fee, I provide conditions under which the steady state (SS) is … consumers whose price-elasticity of demand is large relative to their valuation for network externalities. Finally, we show how …
Persistent link: https://www.econbiz.de/10010934839
-scale product network. Here we present the first attempt to use a systematic approach to estimate products' true value to a firm in … such a product network. Our approach, which is in the spirit of the PageRank algorithm, uses easily available data from … from the network, and the value it contributes to the network. We apply this approach to data collected from Amazon.com and …
Persistent link: https://www.econbiz.de/10009358871
This paper studies the impact of heterogeneity in interdependence of trader values on price inference and welfare. A model of double auction with quasilinear-quadratic utilities is introduced that allows for arbitrary Gaussian information structures. With heterogeneous interdependence, some...
Persistent link: https://www.econbiz.de/10010698671
Amazon.com. Viewing each product as having a unique position in a hyperlinked network of recommendations between product that … recommendation network position by using a variant of Google’s PageRank measure of centrality. We then associate the average level of … network influence on each category with the inequality in the distribution of its demand and revenue, quantifying this …
Persistent link: https://www.econbiz.de/10005040808
Technology platforms, such as Microsoft Windows, are the hubs of technology industries. We develop a framework to characterize the optimal two-sided pricing strategy of a platform firm, that is, the pricing strategy towards the direct users of the platform as well as towards firms offering...
Persistent link: https://www.econbiz.de/10005459412
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 them. These relevant features include (among others) network effects …
Persistent link: https://www.econbiz.de/10005585465
This paper develops and analyzes a model of competition between platforms in an industry with indirect network effects …
Persistent link: https://www.econbiz.de/10005585466
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 … additional objectives such as consumer surplus, network coverage or investment: in particular, we show that the regulator can …
Persistent link: https://www.econbiz.de/10005585477