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This paper surveys a variety of topics related to network economics. Topics covered include: consumer demand under … network effects, compatibility decisions and standardization, technology advances in network industries, two-sided markets …
Persistent link: https://www.econbiz.de/10013069905
This paper surveys a variety of topics related to network economics. Topics covered include: consumer demand under … network effects, compatibility decisions and standardization, technology advances in network industries, two-sided markets …
Persistent link: https://www.econbiz.de/10010280953
divided into types, and we represent the compatibility between different types using a bipartite network. Traders are … commissions/subscriptions depending on their network positions. We establish that the latter result holds even when the traders on …'s revenues in terms of the supply-demand imbalance across the network. Motivated by simpler schemes used in practice, we show …
Persistent link: https://www.econbiz.de/10012001240
applications and its compatibility stance with an entrant when the latter market is characterised by direct network effects and … expected to be sufficiently innovative and network effects are strong. The article also provides an alternative explanation of …
Persistent link: https://www.econbiz.de/10012898415
The study generalizes the structure of network effects that is the defining feature of platforms. By adapting graph … theory and the micro-foundation from Ballester et al. (2006), I discuss the monetization strategy for platforms that confront … the demand with pair-wised network effects (e.g. Facebook). In the model, consumers choose how much (time) to consume in …
Persistent link: https://www.econbiz.de/10012846614
Persistent link: https://www.econbiz.de/10012599851
Persistent link: https://www.econbiz.de/10014204633
This paper uses network theory to argue that the consequences of horizontal ownership by large investment institutions … calculations and identify a method already developed in network theory that could help us perform them. I also show that in some … are more complicated than, and sometimes completely the opposite of, what conventional economic theory predicts …
Persistent link: https://www.econbiz.de/10014111141
Persistent link: https://www.econbiz.de/10000878776
Persistent link: https://www.econbiz.de/10001237929