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We consider a software vendor first selling a monopoly platform and then an application running on this platform. He … over to non-software platforms and, partially, to upstream and downstream firms. The model also explains why Microsoft …
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oligopoly software market, when there exist competition, network effects (externalities), uncertainty on software functionality … with the equilibrium network effects in a monopoly market and a market with completely incompatible software. However, the … equilibrium price is set to maintaining cost in a market with completely compatible software. Moreover, we find that …
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