The paper presents a model of a software monopolist who benefits from a lagged network externality arising from … instruments is able to explain why we see so much free software in the markets. -- software monopoly ; lagged network externality …

neighbors in the social network. The same activities often exert externalities that cumulate in "stocks" affecting agents … network of social relations, as agents display strategic substitution with distance-two neighbors. We show that behavior is … behavior and key-players tend to move to the periphery of the network, and we discuss the effect of close-knit communities and …

pairwise stable network as an absorbing state, stochastic stability in two perturbed processes provides a significant …

Recent research in the field of network economics has shown how explicitly modelling the network structure of social … empirical evidence. Despite their critical importance to many environmental problems, network structures and dynamics have been … largely disregarded by the environmental economics literature. This paper aims to begin to fill this gap by analyzing how …