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Essays On Network Externalities And Compatibility From The Perspective Of Industrial Organization
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Book Synopsis Essays on Network Externalities and Compatibility from the Perspective of Industrial Organization by : William Daniel Drake
Download or read book Essays on Network Externalities and Compatibility from the Perspective of Industrial Organization written by William Daniel Drake and published by . This book was released on 1996 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Network Effects, Compatibility, and Adoption of Standards by : Michał Grajek
Download or read book Network Effects, Compatibility, and Adoption of Standards written by Michał Grajek and published by . This book was released on 2004 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Network Externalities, Competition, and Compatibility by : Michael L. Katz
Download or read book Network Externalities, Competition, and Compatibility written by Michael L. Katz and published by . This book was released on 1983 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Handbook of Industrial Organization by : Richard Schmalensee
Download or read book Handbook of Industrial Organization written by Richard Schmalensee and published by Elsevier. This book was released on 1989 with total page 943 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation This is Vol 3 of the Handbook of Industrial Organization series (HIO). Vols 1 & 2 published simultaneously in 1989 under the editorship of Richard Schmalensee and Robert Willig. Many of the chapters in these successful volumes were widely cited and appeared on graduate reading lists, and some continue to appear even recently. Since the first volumes published, the field of industrial organization has continued to evolve. As the editors acknowledge in the Preface, these volumes had some gaps and this new volume aims to fill some of those gaps. The aim is to serve as a source, reference and teaching supplement for industrial organization, or industrial economics, the microeconomics field that focuses on business behavior and its implications for both market structures and processes, and for related public policies. The first two volumes of the HIO appeared at roughly the same time as Jean Tirole's book The Theory of Industrial Organization. Together they helped revolutionize the teaching of industrial organization, and provided a state-of-the-art summary. Tirole's book is concerned with the relevant theory, and several reviewers noted that the first two volumes of HIO contained much more discussion of the theoretical literature than of the empirical literature. In most respects, this imbalance was an accurate reflection of the field. Since then, the empirical literature has flourished, while the theoretical literature has continued to grow, and this new volume reflects that change of emphasis. *Part of the renown Handbooks in Economics series *Chapters are contributed by some of the leading experts in their fields. *A source, reference and teaching supplement for industrial organizations, or industrial economicists.
Book Synopsis Essays in Industrial Organization and Social Networks by : Felipe Andres Aviles lucero
Download or read book Essays in Industrial Organization and Social Networks written by Felipe Andres Aviles lucero and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Linear social interactions models where agents' payoffs depend on the average action of the observed peers have opened new areas of research in economics ranging from education to industrial organization. In the first chapter on this thesis, we propose a novelinterpretation of the Nash equilibrium based on a Markov process that evolves according to the neighboring relations in a social network. By means of this interpretation, we give a new pairwise connectivity measure and a overall centrality measure which disentangles the effects of network's topology and agents' heterogeneity that were missing in the dominant centrality measure used in this literature (Bonacich centrality). Also, this Markov approach allows to decompose equilibrium action into a structural effect given by the Markov process' stationary probability distribution common to all agents and an agent specific effect related to her location in the network. Finally, we show that this approach can be used in non-linear models, with examples in education and macroeconomics. In the second chapter, we use the approach proposed in Chapter 1 to solve a general version of the localized competition model where city's shape is interpreted as a network. Localized competition models have been at the core of the Industrial Organization literature. Hotelling (1929) and Salop (1979) are the building blocks of localized competition and their results on equilibrium prices are widely known. One of the main characteristic of these two models is that firms are symmetric in two dimensions: i) firms' location inthe city are indistinguishable and ii) firms have the same marginal cost. In this chapter, we drop both assumptions and work in a generalized setting that enriches the intuition of equilibrium pricing results. We are able to embed different horizontal differentiationmodels in this generalized setting by translating cities' topologies into the graph theory literature. This novel approach allows us to give new insights on equilibrium markup results and also to perform comparative statics on city's topology. In all of our results, we show that the main driving factor on pricing decisions in localized competition models is the Random Walk that city's topology defines when interpreted as a graph. In the last chapter, I depart from the previous chapters and develop a model on Most favored-nation (MFN) and its relation to third degree price discrimination. MFN clauses in wholesale contracts have been the subject of recent controversy and renewed antitrustscrutiny. We demonstrate that an environment where MFN clauses may be adopted shares an equivalence property with an environment where a monopolist sells a good exhibiting negative consumption externalities directly to consumers. The welfare effectsclosely follow those developed in the classic third degree price discrimination literature by Schmalensee (1981) and Varian (1985). As such, the welfare effects of wholesale MFNs are ambiguous for the same reasons the effects of uniform pricing on welfare are ambiguous in the textbook price discrimination problem.
Book Synopsis Compatibility and Market Structure for Network Goods by : Nicholas Economides
Download or read book Compatibility and Market Structure for Network Goods written by Nicholas Economides and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the economics of industries where network externalities are significant. In such industries, firms have strong incentives to adhere to common technical compatibility standards so that they reap the network externalities of the whole group. However, a firm also benefits from producing an incompatible product thereby increasing its horizontal product differentiation. We show how competition balances these opposing incentives. We find that market equilibria often exhibit extreme disparities in sales, output prices, and profits across firms, despite no inherent differences in the firms' production technologies. This may explain the frequent domination of network industries by one or two firms. We also find that the presence of network externalities dramatically affects conventional welfare analysis, as total surplus in markets where these externalities are strong is highest under monopoly and declines with entry of additional firms.
Book Synopsis Essays in Industrial Organization by : Marc Rysman
Download or read book Essays in Industrial Organization written by Marc Rysman and published by . This book was released on 1999 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis E-Commerce and the Digital Economy by : Michael J. Shaw
Download or read book E-Commerce and the Digital Economy written by Michael J. Shaw and published by Routledge. This book was released on 2015-05-15 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume in the "Advances in Management Information Systems" series offers a state-of-the-art survey of information systems research on electronic commerce. Featuring chapters by leading scholars and industry professionals, it provides the framework for understanding the business trends, emerging opportunities, and barriers to overcome in the rapid developments taking place in electronic business and the digital economy. Researchers, students, and practitioners - anyone interested in the current issues and future direction of electronic commerce, especially from the standpoint of information systems and information technology - will find this book to be an authoritative source of cutting-edge information. The volume is divided into four parts: Part I covers the fundamental issues of information technology standards and the transformation of industry structure; Part II focuses on B2B commerce; Part III investigates the management of mobile and IT infrastructure; and Part IV includes trust, security, and legal issues that undergird the success of e-commerce initiatives.
Book Synopsis American Doctoral Dissertations by :
Download or read book American Doctoral Dissertations written by and published by . This book was released on 1998 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Information Resources Management Association. International Conference Publisher :IGI Global ISBN 13 :9781878289841 Total Pages :1244 pages Book Rating :4.2/5 (898 download)
Book Synopsis Challenges of Information Technology Management in the 21st Century by : Information Resources Management Association. International Conference
Download or read book Challenges of Information Technology Management in the 21st Century written by Information Resources Management Association. International Conference and published by IGI Global. This book was released on 2000 with total page 1244 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the 21st century begins, we are faced with opportunities and challenges of available technology as well as pressured to create strategic and tactical plans for future technology. Worldwide, IT professionals are sharing and trading concepts and ideas for effective IT management, and this co-operation is what leads to solid IT management practices. This volume is a collection of papers that present IT management perspectives from professionals around the world. The papers seek to offer new ideas, refine old ones, and pose interesting scenarios to help the reader develop company-sensitive management strategies.
Download or read book Escaping Satiation written by Ulrich Witt and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The collection of papers presented in this special issue arose out of two events. The first was the symposium "Escaping Satiation - Increasing Product Variety, Preference Change and the Demand Side of Economic Growth" which was held at the Max Planck Institute in Jena, Germany, in December 1997. The Fritz Thyssen Foundation provided financial support for this seminal symposium which is gratefully acknowledged. Wilhelm Ruprecht was of great help in preparing the symposium and I would like to express my gratitude to hirn on this occasion. Many stimulating exchanges with hirn over the past few years while he was a research associate at the Institute working on long term changes in consumption convinced me of the relevance and importance of this problem for understanding modem economic growth. I also owe thanks to many people who encouraged me to go ahead with the symposium, among them Stanley Metcalfe, Carl Christian von Weizsäcker, and also Ehud Zuscovitch, who died so unexpectedly last year.
Book Synopsis New Frontiers in the Economics of Innovation and New Technology by : Cristiano Antonelli
Download or read book New Frontiers in the Economics of Innovation and New Technology written by Cristiano Antonelli and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 495 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Festschrift explores the truly exceptional breadth and depth of Paul David s work, focusing upon his contributions to the topics of path dependence, the economics of knowledge, and the diffusion of technology. The book consists of 15 papers plus an introduction by the editors and an entertaining postscript by Dominique Foray. . . For economic historians, the papers on path dependence assembled in this book, and particularly the conceptual paper by Antonelli, should be essential reading. Nikolaus Wolf, Economic History Review Recent research on the economics of innovation has acknowledged the importance of path dependence and networks in the evolution of economies and the diffusion of new techniques, products, and processes. These are topics pioneered by Paul A. David, one of the world s leading scholars in the economics of innovation. This outstanding collection provides a fitting tribute to the diversity and depth of Paul David s contributions. The papers included range from simulation models of the evolution of market structure in the presence of innovation, through historical investigations of knowledge networks and empirical analysis of contemporary networks, to the analysis of the diffusion of innovations using simulation and analytic models and of the diffusion of knowledge using patent data. With an emphasis on simulation models, data analysis, and historical evidence, this book will be required reading for researchers in innovation economics and regional development as well as economists, sociologists, and historians of innovation and intellectual property.
Book Synopsis Industrial Informatics Design, Use and Innovation: Perspectives and Services by : Holmstrm, Jonny
Download or read book Industrial Informatics Design, Use and Innovation: Perspectives and Services written by Holmstrm, Jonny and published by IGI Global. This book was released on 2010-06-30 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book provides a sound grounding in what industrial informatics is and in what directions the field is moving, providing a broad state-of-the-art review and showing connections and gaps in knowledge for those who design and use information technologies in industrial settings"--Provided by publisher.
Book Synopsis How Economics Forgot History by : Geoffrey Martin Hodgson
Download or read book How Economics Forgot History written by Geoffrey Martin Hodgson and published by Psychology Press. This book was released on 2001 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hodgson calls into question the tendency of economic method to explain all economic phenomena using the same catch-all theories. He argues that you need different theories and that historical contexts must be taken into account.
Book Synopsis History Matters by : Timothy Guinnane
Download or read book History Matters written by Timothy Guinnane and published by Stanford University Press. This book was released on 2003-10-31 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining theoretical work with careful historical description and analysis of new data sources, History Matters makes a strong case for a more historical approach to economics, both by argument and by example. Seventeen original essays, written by distinguished economists and economic historians, use economic theory and historical cases to explore how and why "history matters." The chapters, which range in subject matter from the economic theory of irreversible investment to the nineteenth-century decline in U.S. rural fertility to the English poor law reform, are unified by three themes. The first explores the significance, causes, and consequences of path dependence in the evolution of technology and institutions. The second relates to the ways in which economic and political behavior are profoundly shaped and constrained by the cultural and political context inherited from history at a particular point in time. The final theme demonstrates the importance of integrating economic theory into historical research in the gathering and interpretation of data.
Book Synopsis The Economics of Innovation, New Technologies and Structural Change by : Cristiano Antonelli
Download or read book The Economics of Innovation, New Technologies and Structural Change written by Cristiano Antonelli and published by Routledge. This book was released on 2014-04-08 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ongoing process of revising and rethinking the foundations of economic theory leads to great complexities and contradictions at the heart of economics. ‘Economics of innovation’ provides a fertile challenge to standard economics, and one that can help it overcome its many criticisms. This authoritative book from Cristiano Antonelli provides a systematic account of recent advances in the economics of innovation. By integrating this account with the economics of technological change, this exceptional book elaborates an understanding of the effects of the introduction of new technologies. This excellent, comprehensive account from respected expert Antonelli will be much appreciated within the innovation economics community, yet it is also a book that should be read by all those with either a private or professional interest in economic theory.
Book Synopsis The New Institutionalism in Organizational Analysis by : Walter W. Powell
Download or read book The New Institutionalism in Organizational Analysis written by Walter W. Powell and published by University of Chicago Press. This book was released on 2012-09-21 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: Long a fruitful area of scrutiny for students of organizations, the study of institutions is undergoing a renaissance in contemporary social science. This volume offers, for the first time, both often-cited foundation works and the latest writings of scholars associated with the "institutional" approach to organization analysis. In their introduction, the editors discuss points of convergence and disagreement with institutionally oriented research in economics and political science, and locate the "institutional" approach in relation to major developments in contemporary sociological theory. Several chapters consolidate the theoretical advances of the past decade, identify and clarify the paradigm's key ambiguities, and push the theoretical agenda in novel ways by developing sophisticated arguments about the linkage between institutional patterns and forms of social structure. The empirical studies that follow—involving such diverse topics as mental health clinics, art museums, large corporations, civil-service systems, and national polities—illustrate the explanatory power of institutional theory in the analysis of organizational change. Required reading for anyone interested in the sociology of organizations, the volume should appeal to scholars concerned with culture, political institutions, and social change.
