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both, the network of R&D collaborations as well as the market structure, are endogenously determined. We show that the … coevolution of market and network structure matter for the relationship between competition and innovation. Moreover, our model … allows us to explain differences in the R&D network structures observed across different industries, and how they are related …
Persistent link: https://www.econbiz.de/10011444454
endogenous structure of collaboration is represented by a weighted network. The agents are forward-looking and capable of …
Persistent link: https://www.econbiz.de/10011937299
many well-known results from the contest literature can be obtained by varying the structure of the network. Our framework …
Persistent link: https://www.econbiz.de/10012919103
We investigate how information goods are priced and diffused over links in a network. A new equivalence relation … between nodes captures the effects of network architecture and locations of sellers on the division of profits, and …
Persistent link: https://www.econbiz.de/10012806313
We consider a simple model of the competitive screening of students by schools and colleges. Students apply to schools which then perform costly screening procedures of the applicants to select those with high ability. Students who receive more than one offer may choose among those. Colleges...
Persistent link: https://www.econbiz.de/10011793998
We develop a model to study the political economy implications of information gatekeeping, i.e., a policy of granting access only to friendly media outlets and denying access to critical ones. While an incumbent prefers positive bias, granting access improves her re-election probability only if...
Persistent link: https://www.econbiz.de/10011824212
Speed hierarchy not only motivates fast trading competition on less precise information but also renders slower traders more informative. As a result, endogenous speed acquisition in equilibrium affects how information is produced and spread. When information diffusion is characterized by its...
Persistent link: https://www.econbiz.de/10012898335
examine the implication of our model. Consistent with the theory, we find that producers of products whose sales rely more on …
Persistent link: https://www.econbiz.de/10012852743
Persistent link: https://www.econbiz.de/10014025202
Persistent link: https://www.econbiz.de/10001237929