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Successful adoption of urban cellular vehicle-to-everything (C-V2X) services by consumers requires high-density network coverage and a diverse and vibrant community of service providers. This work analyses the economic and technological requirements for a successful smart city platform adoption...
Persistent link: https://www.econbiz.de/10012484191
We examine a technology adoption game with network effects in which coordination on technology A and technology B constitute a Nash equilibrium. Coordination on technology B is assumed to be payoff-dominant. We define a technology's critical mass as the minimum share of users necessary to make...
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Static demand models for homogeneous network goods give rise to fulfilled-expectations equilibrium demand (FEED) curves, which, contrary to normal demand curves, may be upward sloping at certain intervals. We analyze some, as yet unexplored, properties of the FEED curves. We spell out the...
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Critical Mass is a common feature of technology diffusion processes. We develop a structural model of demand with network effects to provide a rigorous definition of critical mass as a function of installed base, price and network effects. Using data from the digital cellular telephony market,...
Persistent link: https://www.econbiz.de/10005112615
We examine a technology-adoption game with network effects in which coordination on either technology A or technology B constitutes a Nash equilibrium. Coordination on technology B is assumed to be payoff dominant. We define a technology’s critical mass as the minimal share of users, which is...
Persistent link: https://www.econbiz.de/10010595119