We provide a simple model of endogenous product compatibility choice under Cournot competition with a network externality. Using the model, we consider how the degree of a network externality and product substitutability affects the choice regarding product compatibility. In particular, if the...

In the article the main tendencies of the development of agricultural formations in Ukraine are generalized. Types and groups of agricultural holdings are given. The system of management and the peculiarities in the functioning of some of the biggest agricultural holdings in Ukraine are...

We study rival firms' incentives in quality-improving Research and Development (R&D) networks. The analysis stresses the role of free riding associated to collaboration and three major consequences emerge: R&D efforts decrease with the number of partners, networks of alliances are over-connected...