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Persistent link: https://www.econbiz.de/10001453997
This paper models the competition of user networks as a continuous-time Markov process. It presents a dynamic version of the Discrete Choice Analysis with state-dependent choice probabilities. Among other things, we show that the network competition can be characterized by the coexistence of...
Persistent link: https://www.econbiz.de/10010407091
Persistent link: https://www.econbiz.de/10013268642
This paper models the competition of user networks as a continuous-time Markov process. It presents a dynamic version of the Discrete Choice Analysis with state-dependent choice probabilities. Among other things, we show that the network competition can be characterized by the coexistence of...
Persistent link: https://www.econbiz.de/10010435581