monopoly. The agent sets prices on cross-network goods taking either a complete, or arbitrarily small, share of the associated … profit. We examine welfare and profits with and without each agent type under both network monopoly and network duopoly. We … show that splitting up the network monopoly (creating network duopoly) may be inferior for both firm(s) and society …

to allow the monopolist to buy transmission rights. In theory, if consumers could co-ordinate and overcome free …

to them. In the model there are two types of consumers embedded into a social network, which differ in friendship …

This book provides a rigorous course to the theory of intermediate microeconomics. It includes not only the basic … traditional theory, but also a ¡°From the Literature¡± box in each chapter directing students to applications of the theory. The … theory is developed axiomatically, with optional sections using one-variable calculus included for interested readers. A …

This paper compares social network and tribal theory for their fit with the behaviour of real music communities. These … social network theory provides a better fit with the behaviour of real communities. These results imply that the a …-priori expectation should be that consumer communities conform to the social processes suggested by social network theory. However …