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Endogenous Unrestricted Locations In Markets With Network Effects
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Book Synopsis Handbook of Industrial Organization by :
Download or read book Handbook of Industrial Organization written by and published by Elsevier. This book was released on 2021-12-09 with total page 788 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Industrial Organization, Volume Four highlights new advances in the field, with this new volume presenting interesting chapters written by an international board of expert authors. - Presents authoritative surveys and reviews of advances in theory and econometrics - Reviews recent research on capital raising methods and institutions - Includes discussions on developing countries
Book Synopsis Handbook of Industrial Organization by : Richard Schmalensee
Download or read book Handbook of Industrial Organization written by Richard Schmalensee and published by North Holland. This book was released on 1989-09-11 with total page 1002 pages. Available in PDF, EPUB and Kindle. Book excerpt: Determinants of firm and market organization; Analysis of market behavior; Empirical methods and results; International issues and comparision; government intervention in the Marketplace.
Book Synopsis Networks, Crowds, and Markets by : David Easley
Download or read book Networks, Crowds, and Markets written by David Easley and published by Cambridge University Press. This book was released on 2010-07-19 with total page 745 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are all film stars linked to Kevin Bacon? Why do the stock markets rise and fall sharply on the strength of a vague rumour? How does gossip spread so quickly? Are we all related through six degrees of separation? There is a growing awareness of the complex networks that pervade modern society. We see them in the rapid growth of the internet, the ease of global communication, the swift spread of news and information, and in the way epidemics and financial crises develop with startling speed and intensity. This introductory book on the new science of networks takes an interdisciplinary approach, using economics, sociology, computing, information science and applied mathematics to address fundamental questions about the links that connect us, and the ways that our decisions can have consequences for others.
Book Synopsis Price Dynamics in a Network of Power Markets by : Arthur S. De Vany
Download or read book Price Dynamics in a Network of Power Markets written by Arthur S. De Vany and published by . This book was released on 1997 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Market definition and market power in the platform economy by : Jens-Uwe Franck
Download or read book Market definition and market power in the platform economy written by Jens-Uwe Franck and published by Centre on Regulation in Europe asbl (CERRE). This book was released on 2019-05-08 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the rise of digital platforms and the natural tendency of markets involving platforms to become concentrated, competition authorities and courts are more frequently in a position to investigate and decide merger and abuse cases that involve platforms. This report provides guidance on how to define markets and on how to assess market power when dealing with two-sided platforms. DEFINITION Competition authorities and courts are well advised to uniformly use a multi-markets approach when defining markets in the context of two-sided platforms. The multi-markets approach is the more flexible instrument compared to the competing single-market approach that defines a single market for both sides of a platform, as the former naturally accounts for different substitution possibilities by the user groups on the two sides of the platform. While one might think of conditions under which a single-market approach could be feasible, the necessary conditions are so severe that it would only be applicable under rare circumstances. To fully appreciate business activities in platform markets from a competition law point of view, and to do justice to competition law’s purpose, which is to protect consumer welfare, the legal concept of a “market” should not be interpreted as requiring a price to be paid by one party to the other. It is not sufficient to consider the activities on the “unpaid side” of the platform only indirectly by way of including them in the competition law analysis of the “paid side” of the platform. Such an approach would exclude certain activities and ensuing positive or negative effects on consumer welfare altogether from the radar of competition law. Instead, competition practice should recognize straightforwardly that there can be “markets” for products offered free of charge, i.e. without monetary consideration by those who receive the product. ASSESSMENT The application of competition law often requires an assessment of market power. Using market shares as indicators of market power, in addition to all the difficulties in standard markets, raises further issues for two-sided platforms. When calculating revenue shares, the only reasonable option is to use the sum of revenues on all sides of the platform. Then, such shares should not be interpreted as market shares as they are aggregated over two interdependent markets. Large revenue shares appear to be a meaningful indicator of market power if all undertakings under consideration serve the same sides. However, they are often not meaningful if undertakings active in the relevant markets follow different business models. Given potentially strong cross-group external effects, market shares are less apt in the context of two-sided platforms to indicate market power (or the lack of it). Barriers to entry are at the core of persistent market power and, thus, the entrenchment of incumbent platforms. They deserve careful examination by competition authorities. Barriers to entry may arise due to users’ coordination failure in the presence of network effect. On two-sided platforms, users on both sides of the market have to coordinate their expectations. Barriers to entry are more likely to be present if an industry does not attract new users and if it does not undergo major technological change. Switching costs and network effects may go hand in hand: consumer switching costs sometimes depend on the number of platform users and, in this case, barriers to entry from consumer switching costs increase with platform size. Since market power is related to barriers to entry, the absence of entry attempts may be seen as an indication of market power. However, entry threats may arise from firms offering quite different services, as long as they provide a new home for users’ attention and needs.
Book Synopsis Networks of Institutions by : Shuanping Dai
Download or read book Networks of Institutions written by Shuanping Dai and published by Routledge. This book was released on 2015-05-15 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: The questions such as, ‘why the focuses of national policies vary significantly across countries, although their sources of policies are to a great extent identical’; ‘why national development experiences mostly cannot be transplanted successfully among countries’; ‘why some ineffective institutions persist over long periods of time’, have attracted numerous efforts. This book provides a new perspective and argues that the answers lie in the existence of the networks of institutions and thus of national systems of policies (NSP) within national frameworks. Institutions are the equilibria of games and exist as rules of games. Therefore, a basic setting is that institutions emerge endogenously from a series of social interactions, and the interacting human agents are connected and interdependent at the overlapping interaction platforms. National policies and developmental strategies can be modelled in this approach too. The networks of institutions describe the dynamic connected structure among institutions in the process of social interactions over time. Regarding the national policies response to the recent economic crises, this book argues that the difference comes from the distinct understandings of the tags of the policies, which highly depend on the distinct national contexts, such as national interests, cultural background, political systems and so forth. This book represents a significant contribution to the literature which will be essential reading for those interested in institutional economics, network theory, social structures and economic policy. In particular, the approach of applying network game theory in institutional emergence, and the terms developed, i.e. tags of institutions, and national systems of policies, in this book, are illuminating and deserve more attention.
Book Synopsis From Neighborhoods to Nations by : Yannis Ioannides
Download or read book From Neighborhoods to Nations written by Yannis Ioannides and published by Princeton University Press. This book was released on 2013 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: Just as we learn from, influence, and are influenced by others, our social interactions drive economic growth in cities, regions, and nations--determining where households live, how children learn, and what cities and firms produce. From Neighborhoods to Nations synthesizes the recent economics of social interactions for anyone seeking to understand the contributions of this important area. Integrating theory and empirics, Yannis Ioannides explores theoretical and empirical tools that economists use to investigate social interactions, and he shows how a familiarity with these tools is essential for interpreting findings. The book makes work in the economics of social interactions accessible to other social scientists, including sociologists, political scientists, and urban planning and policy researchers. Focusing on individual and household location decisions in the presence of interactions, Ioannides shows how research on cities and neighborhoods can explain communities' composition and spatial form, as well as changes in productivity, industrial specialization, urban expansion, and national growth. The author examines how researchers address the challenge of separating personal, social, and cultural forces from economic ones. Ioannides provides a toolkit for the next generation of inquiry, and he argues that quantifying the impact of social interactions in specific contexts is essential for grasping their scope and use in informing policy. Revealing how empirical work on social interactions enriches our understanding of cities as engines of innovation and economic growth, From Neighborhoods to Nations carries ramifications throughout the social sciences and beyond.
Book Synopsis The Economics of Network Industries by : Oz Shy
Download or read book The Economics of Network Industries written by Oz Shy and published by Cambridge University Press. This book was released on 2001-01-08 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces upper-level undergraduates, graduate students, and researchers to the latest developments in network economics, one of the fastest-growing fields in all industrial organization. Network industries include the Internet, e-mail, telephony, computer hardware and software, music and video players, and service operations in the banking, legal, and airlines industries among many others. The work offers an overview of the subject matter as well as investigations about specific industries. It conveys the essential features of how strategic interactions between firms are affected by network activity, as well as covering social interaction and its influence on consumers' choices of products and services. Virtually no calculus is used in the text, and each chapter ends with a series of exercises and selected references. The text may be used for both one- and two-semester courses.
Book Synopsis The Routledge Handbook to Regional Development in Central and Eastern Europe by : Gábor Lux
Download or read book The Routledge Handbook to Regional Development in Central and Eastern Europe written by Gábor Lux and published by Taylor & Francis. This book was released on 2017-07-06 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twenty-five years into transformation, Central and Eastern European regions have undergone substantial socio-economic restructuring, integrating into European and global networks and producing new patterns of regional differentiation and development. Yet post-socialist modernisation has not been without its contradictions, manifesting in increasing social and territorial inequalities. Recent studies also suggest there are apparent limits to post-socialist growth models, accompanying a new set of challenges within an increasingly uncertain world. Aiming to deliver a new synthesis of regional development issues at the crossroads between ‘post-socialism’ and ‘post-transition’, this book identifies the main driving forces of spatial restructuring in Central and Eastern Europe, and charts the different regional development paths which take shape against the backdrop of post-crisis Europe. A comparative approach is used to highlight common development challenges and the underlying patterns of socio-economic differentiation alike. The issues investigated within the Handbook extend to a discussion of the varied economic consequences of transition, the social structures and institutional systems which underpin development processes, and the broadly understood sustainability of Central and Eastern Europe’s current development model. This book will be of interest to academics and policymakers working in the fields of regional studies, economic geography, development studies and policy.
Book Synopsis ICT-Driven Economic and Financial Development by : Ewa Lechman
Download or read book ICT-Driven Economic and Financial Development written by Ewa Lechman and published by Academic Press. This book was released on 2019-09-04 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: ICT-Driven Economic and Financial Development: Analyses of European Countries demonstrates the effects of ICT diffusion on economic, social and financial development by examining their impact on the structure and dynamics of national economies. It provides the insight into shifts observed in labour markets, international trade activities productivity factors, education and use of innovative financial products. It combines empirical analyses and data sources stretching back to 1990 make it an important contribution to understanding the effects of ICT diffusion on economic and financial development. The book answers questions such as how will national and regional economies react to upcoming ICT developments and growing usage, and what is the magnitude of impact of new information and communication technologies on various aspects of social and economic life. - Demonstrates the process fo ICT spread across European countries - Analyzes the value of ICTs from both economic and social perspective - Examines structural changes in financial markets caused by ICTs implementation
Book Synopsis How Behavior Spreads by : Damon Centola
Download or read book How Behavior Spreads written by Damon Centola and published by Princeton University Press. This book was released on 2020-03-24 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new, counterintuitive theory for how social networks influence the spread of behavior New social movements, technologies, and public-health initiatives often struggle to take off, yet many diseases disperse rapidly without issue. Can the lessons learned from the viral diffusion of diseases improve the spread of beneficial behaviors and innovations? How Behavior Spreads presents over a decade of original research examining how changes in societal behavior—in voting, health, technology, and finance—occur and the ways social networks can be used to influence how they propagate. Damon Centola's startling findings show that the same conditions that accelerate the viral expansion of an epidemic unexpectedly inhibit the spread of behaviors. How Behavior Spreads is a must-read for anyone interested in how the theory of social networks can transform our world.
Book Synopsis India's Investment Climate by : Aurora Ferrari
Download or read book India's Investment Climate written by Aurora Ferrari and published by World Bank Publications. This book was released on 2009-01-01 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Indian economy has emerged as one of the world?s fastest growing economies in the past few years. Greater investment, increased productivity, and deeper integration in the world economy have been the key growth drivers. Nonetheless, three main challenges remain: insufficient job creation in the formal sector; large and growing disparities between states; and increasing, but still low, productivity. India's Investment Climate identifies what the government can do to tackle these challenges by improving the investment climate for three key sectors, manufacturing, retail and software-ITES. Th.
Book Synopsis Airlines and Developing Countries by : Kenneth Button
Download or read book Airlines and Developing Countries written by Kenneth Button and published by Emerald Group Publishing. This book was released on 2023-06-06 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Airlines and Developing Countries works to address some of the key challenges that are confronting airlines and public policy makers, helping to fill a number of voids in our knowledge.
Author :Reza Zanjirani Farahani Publisher :Springer Science & Business Media ISBN 13 :3790821519 Total Pages :547 pages Book Rating :4.7/5 (98 download)
Book Synopsis Facility Location by : Reza Zanjirani Farahani
Download or read book Facility Location written by Reza Zanjirani Farahani and published by Springer Science & Business Media. This book was released on 2009-07-09 with total page 547 pages. Available in PDF, EPUB and Kindle. Book excerpt: Location problems establish a set of facilities (resources) to minimize the cost of satisfying a set of demands (customers) with respect to a set of constraints. This book deals with location problems. It considers the relationship between location problems and other areas such as supply chains.
Book Synopsis Recent Advances in Liver Diseases and Surgery by : Hesham Abdeldayem
Download or read book Recent Advances in Liver Diseases and Surgery written by Hesham Abdeldayem and published by BoD – Books on Demand. This book was released on 2015-10-28 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the most recent advances in the field of liver diseases and surgery, including the remarkable advances in Hepatitis C therapy, liver tumors, injuries, cysts, resections, transplantation, and preoperative management of patients with liver diseases. The editors are the dean and vice deans of the National Liver Institute, Menoufia University, a dedicated international center of excellence and a leading medical institution in the Middle East for the diagnosis and management of liver diseases and advanced training and research in hepatobiliary sciences. The authors are leading experts from four continents across the globe (North America, Europe, Asia, and Africa). In other words, the book team reflects an international dream team of experts in the area of liver diseases.
Book Synopsis Urban Transportation Economics by : K. Small
Download or read book Urban Transportation Economics written by K. Small and published by Taylor & Francis. This book was released on 2013-07-04 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title provides a comprehensive review of the economics of urban transportation.
Book Synopsis Human Rights and Risks in the Digital Era: Globalization and the Effects of Information Technologies by : Akrivopoulou, Christina M.
Download or read book Human Rights and Risks in the Digital Era: Globalization and the Effects of Information Technologies written by Akrivopoulou, Christina M. and published by IGI Global. This book was released on 2012-04-30 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization, along with its digital and information communication technology counterparts, including the Internet and cyberspace, may signify a whole new era for human rights, characterized by new tensions, challenges, and risks for human rights, as well as new opportunities. Human Rights and Risks in the Digital Era: Globalization and the Effects of Information Technologies explores the emergence and evolution of digital rights that challenge and transform more traditional legal, political, and historical understandings of human rights. Academic and legal scholars will explore individual, national, and international democratic dilemmas--sparked by economic and environmental crises, media culture, data collection, privatization, surveillance, and security--that alter the way individuals and societies think about, regulate, and protect rights when faced with new challenges and threats. The book not only uncovers emerging changes in discussions of human rights, it proposes legal remedies and public policies to mitigate the challenges posed by new technologies and globalization.
