instruments is able to explain why we see so much free software in the markets. -- software monopoly ; lagged network externality …The paper presents a model of a software monopolist who benefits from a lagged network externality arising from … monopoly, analysing questions of introductory pricing and quantity rationing. The model suggests that neither of these two …

We obtain explicitly the optimal path of prices for a monopolist operating in a network industry during a finite number … of periods. We describe this optimal path as a function of network intensity and horizon length and show that the prices … are increasing in time and that, for very low network intensity, or very high horizon length, the monopolist will offer …