Search Results - subject:"network externalities."

Choice of the substitution currency in Russia: How to explain the dollar's dominance?

Dorbec, Anna - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2005

The analysis of external economic relations of Russia reveals a paradox: while Europe is the main trade and direct investment partner of Russia, this is far from being the case concerning its currency’s role in Russia's financial activities. The dollar is much preferred by economic agents for...

Persistent link: https://www.econbiz.de/10005419597

Platform Competition with Endogenous Multihoming

Roson, Roberto - Fondazione ENI Enrico Mattei (FEEM) - 2005

A model of two-sided market (for credit cards) is introduced and discussed. In this model, agents can join none, one, or more than one platform (multihoming), depending on access prices and the choices made by agents on the opposite market side. Although emerging multihoming patterns are,...

Persistent link: https://www.econbiz.de/10005570366

An empirical study of organizational reform of China's bankcard industry and policy recommendations

Fu, Lianying; Yu, Linhui; Luo, Pinliang - In: Chinese Management Studies 6 (2012) 3, pp. 413-425

Purpose – The purpose of this paper is to empirically examine the performance of China's bankcard market during 1999‐2005 when China's local card association – China UnionPay (CUP) was established in 2002, which integrated many small closed payment systems into an open payment system....

Persistent link: https://www.econbiz.de/10014697554

A Contest Model of a Professional Sports League with Two-Sided Markets

Dietl, Helmut; Duschl, Tobias; Franck, Egon; Lang, Markus - In: Jahrbücher für Nationalökonomie und Statistik 232 (2012) 3, pp. 336-359

Summary This paper develops a model of a professional sports league with network externalities by integrating the … profits and that network externalities can mitigate the negative effect of revenue sharing on competitive balance. Finally, we … derive implications for improving competitive balance by taking advantage of network externalities. For example, our model …

Persistent link: https://www.econbiz.de/10014609401

Network externalities in consumer spending on lottery games: evidence from Spain

Humphreys, Brad; Perez, Levi - In: Empirical Economics 42 (2012) 3, pp. 929-945

Persistent link: https://www.econbiz.de/10010845899

Direct and indirect network effects are equivalent: A comment on “Direct and Indirect Network Effects: Are They Equivalent?”

Church, Jeffrey; Gandal, Neil - In: International Journal of Industrial Organization 30 (2012) 6, pp. 708-712

Clements (2004) makes the following two claims: (i) unlike direct network effects, increases in the size of the market do not, in the case of indirect network effects, make standardization more likely, but (ii) indirect network effects are associated with excessive standardization. We show in...

Persistent link: https://www.econbiz.de/10011051657

Do Network Externalities Really Matter In Consumer Behavior ? Experimental Framework For Measuring Willingness To Pay For Network Size

Cadario, Romain; Le Nagard, Emmanuelle; Desmet, Pierre - Université Paris-Dauphine (Paris IX) - 2012

Consequences of network externalities, such as product growth and innovation diffusion, are widely studied in marketing … literature. However, there is little empirical research that examines the existence of such network externalities in consumer …

Persistent link: https://www.econbiz.de/10011072347

Recombinant Innovation and Endogenous Transitions

Frenken, Koen; Izquierdo, Luis R.; Zeppini, Paolo - Eindhoven Centre for Innovation Studies (Ecis), … - 2012

We propose a model of technological transitions based on two different types of innovations. Branching innovations refer to technological improvements along a particular path, while recombinant innovations represent fusions of multiple paths. Recombinant innovations create “short-cuts” which...

Persistent link: https://www.econbiz.de/10010747100

Recurrent crises in global games

Frankel, David M. - In: Journal of Mathematical Economics 48 (2012) 5, pp. 309-321

Global games have unique equilibria in which aggregate behavior changes sharply when an underlying random fundamental crosses some threshold. This property relies on the existence of dominance regions: all players have a highest and lowest action that, for some fundamentals, is strictly...

Persistent link: https://www.econbiz.de/10010580902

Research on technology standards: Accomplishment and challenges

Narayanan, V.K.; Chen, Tianxu - In: Research Policy 41 (2012) 8, pp. 1375-1406

In this paper, we organize the fragmented management literature on technology standards according to a meta-theoretical scheme originally proposed by Astley and Van de Ven. We review over 89 relevant papers in influential journals in management, marketing and management-related disciplines. We...

Persistent link: https://www.econbiz.de/10011046416