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networks can provide new insights for both theory and practice, and identifying several avenues for future research. The paper …
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The paper presents a model of a software monopolist who benefits from a lagged network externality arising from consumers' feedback through the so-called bug-fixing effect. That is, the software producer is able to correct errors in the software code detected by previous users, improving her...
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, compatibility standards ensure the interoperability of goods, which is of decisive importance when users face positive externalities …
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