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real-world networks. We also find that there exists a sharp transition in efficiency and network density from highly … networks form, the impact of network structure on agents' outcomes, and the evolution of networks over time. For this purpose …, we combine a network game introduced by Ballester et al. [2006], where the Nash equilibrium action of each agent is …
Persistent link: https://www.econbiz.de/10013144348
if the network is 2-connected: that is, if no player can prevent the flow of information to another. In contrast, the …
Persistent link: https://www.econbiz.de/10011674012
This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with … intensity of cooperation and innovation. Within different knowledge regimes, we examine the structure of networks that emerge … and how firms perform within such networks. Our model replicates some stylised empirical results on network structure and …
Persistent link: https://www.econbiz.de/10010659985
This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with … intensity of cooperation and innovation. Within different knowledge regimes, we examine the structure of networks that emerge … and how firms perform within such networks. Our model replicates some stylised empirical results on network structure and …
Persistent link: https://www.econbiz.de/10010660259
We propose a novel model of knowledge discovery shedding light on the emergence of General Purpose Technologies (GPTs), the process which has been largely neglected in the literature on technological change. We demonstrate that GPTs emerge only when certain conditions with regard to the...
Persistent link: https://www.econbiz.de/10011559994
This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with … intensity of cooperation and innovation. Within different knowledge regimes, we examine the structure of networks that emerge … and how firms perform within such networks. Our model replicates some stylised empirical results on network structure and …
Persistent link: https://www.econbiz.de/10010323898
monopolistic seller's optimal consumer network structure formation (seeding, segmentation, sequencing, and pricing strategies …) under network effects. We demonstrate the importance of adoption sequencing as well as controllability over the seeding … the seeding process, with both multiplicative and additive forms of network effects, we show that all segments contain …
Persistent link: https://www.econbiz.de/10013037525
communication or spillovers through the links between them. Linking decisions are based on network-dependent marginal payoff and a … to the other agents in the network. Agents derive payoff from having access to the information of others through … network independent noise capturing exogenous idiosyncratic effects. Moreover, agents have a limited observation radius when …
Persistent link: https://www.econbiz.de/10009421650
Using a novel pairwise measure of firms' acquisition of rivals' disclosures, we show that investment opportunities drive interfirm information flows. We find that these flows predict subsequent mergers and acquisitions as well as how and how much firms invest, relative to rivals. Moreover,...
Persistent link: https://www.econbiz.de/10012848993
version if this generates signi ficant spillovers for its rival. Second, we analyze situations where a publisher will accept …
Persistent link: https://www.econbiz.de/10014164574