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interrelated markets: a primary market and an aftermarket, where indirect network effects arise. We set up a differential game of … impact of network sizes on firms' prices in the primary market concluding that, in equilibrium, larger firms have incentives …
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pricing strategies are affected by the existence of network effects associated with the size of firms’ consumer base. The … optimal pricing strategies crucially depend on the nature of the network effects. …
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We examine price competition under product-specific network effects, in a duopoly where the products are differentiated …
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We propose an infinite-horizon quantity-setting differential game with learning spillovers and organizational forgetting to analyze the optimal management decisions affecting the evolution of the stock of know-how, and, in turn, the dynamics of productive efficiency. Specifically, we study the...
Persistent link: https://www.econbiz.de/10010849056
This book provides readers with a comprehensive survey of models of dynamic games in economics, including an extensive coverage of numerous fields of applications. It will also discuss and explain main concepts and techniques used in dynamic games, and inform readers of its major developments...
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