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This book introduces upper-level undergraduates, graduate students, and researchers to the latest developments in network economics. The book conveys the essential features of how strategic interactions between firms are affected by network activity, as well as covering social interaction and...
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Microsoft's monopoly as it was claimed by the courts within their 'applications barrier to entry' theory. I claim that current … courts' underlying economic paradigm regarding the assessment of monopoly power in 'New Economy Network Markets' was strongly … influenced by BRIAN W. ARTHUR's theory of path dependence claiming (1) that high-technology markets being subject to network …
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We discuss the incentive of an exclusive holder of a technology to share it with competitors in a market with network externalities. We assume that high expected sales increase the willingness to pay for the good. This is named the "network effect". At a stable fulfilled expectations...
Persistent link: https://www.econbiz.de/10014039256
We discuss the incentive of an exclusive holder of a technology to share it with competitors in a market with network externalities. We assume that high expected sales increase the willingness to pay for the good. This is named the "network effect". At a stable fulfilled expectations...
Persistent link: https://www.econbiz.de/10014041320
complement is a duopoly, whereas the other is a monopoly. In such framework, when products are highly di¤erentiated, the low …
Persistent link: https://www.econbiz.de/10014207353