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In this paper a network model is developed in which three players sequentially choose their strategies. In the first stage, a profit–maximizing network firm chooses the price and thus the size of the network. In the second stage the consumers decide whether to join in the network or not. In...
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Econometricians are increasingly working with high-dimensional networks and their dynamics. Econometricians, however … algorithm for monitoring changes in dynamic networks. We characterize two types of changes, edge-initiated and node …-initiated, to feature the complexity of networks. The proposed approach accounts for three potential challenges in the analysis of …
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