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We analyze a market where firms compete in a conventional and an electronicretail channel. Consumers easily compare prices online, but some incur purchaseuncertainties on the online channel. We investigate the market shares of the two retailchannels and the prices that are charged. We find that...
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In an oligopoly, prior to competing in the market, firms have an opportunity to form pair-wisecollaborative links with other firms. These pair-wise links involve a commitment of resources andlead to lower costs of production of the collaborating firms. The collection of pair-wise linksdefines a...
Persistent link: https://www.econbiz.de/10011304396
A symmetric network consists of a set of positions and a set of bilateral links between these positions. Examples of such networks are exchange networks, communication networks, disease transmission networks, control networks etc. For every symmetric network we define a cooperative transferable...
Persistent link: https://www.econbiz.de/10011343952
The spatial activity patterns of firms in a multi-regional system are closely connected with the structure and evolution of regional labour markets. Based on an extensive data set (cross-section) on commuting flows in Germany, this paper aims to identify the relationship between entrepreneurial...
Persistent link: https://www.econbiz.de/10011346457
In this paper we test the celebrated `Strength of weak ties' theory of Granovetter (1973). We test two hypotheses on …
Persistent link: https://www.econbiz.de/10011348344
theory the closure argument and the gossip argument describe thisrelation. These two arguments do not distinguish between …
Persistent link: https://www.econbiz.de/10011317466
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge …
Persistent link: https://www.econbiz.de/10010253459
We introduce a dynamic network model with probabilistic link functions that depend on stochastically time-varying parameters. We adopt the widely used blockmodel framework and allow the high-dimensional vector of link probabilities to be a function of a low-dimensional set of dynamic factors....
Persistent link: https://www.econbiz.de/10011566388