approaches, methods derived from physics, theory of evolutionary games, and experimental economics. These different views shed a …

This paper analyzes the impact of network externalities on R&D competition between an incumbent and a potential entrant …. The analysis shows that the incumbent always invests more than the entrant in the development of higher quality network … the presence of network externalities. By choosing compatible network goods, firms do not necessarily reduce the R …

This paper studies the incentives to undertake uncertain R&D initiatives in a dynamic duopoly network industry. It is … shown that network externalities positively affect the incentives to invest in R&D. In the model, competition resembles a …. Moreover, network externalities have an important impact in the dynamic evolution of the industry. Although in the long-run a …

network; and [2] the incentives of a seller s to cooperate can be calculated as if the network was a random tree with seller s … sustaining cooperation, and on how to mitigate such costs. -- Networks ; moral hazard ; graph theory ; repeated games …