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This paper models the competition of user networks as a continuous-time Markov process. It presents a dynamic version … networks can coexist for a considerable period of time, although the market is a natural monopoly. …
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This paper analyzes the compatibility decision of a dominant hardware supplier. There are two substitutive variants of the hardware component of a hardware-software system, they are horizontally differentiated, and one of the two has a quality advantage. Among other things, we show under what...
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