Search Results - subject:"network externalities."

Network markets and consumer coordination

Ambrus, Attila; Argenziano, Rossella - 2004

This paper assumes that groups of consumers in network markets can coordinate their choices when it is in their best interest to do so, and when coordination does not require communication. It is shown that multiple asymmetric networks can coexist in equilibrium if consumers have heterogeneous...

Persistent link: https://www.econbiz.de/10010261070

Can fear cause economic collapse? Insights from an experimental study

Guarino, Antonio; Huck, Steffen; Jeitschko, Thomas D. - 2004

presence of network externalities. Subjects follow a simple heuristic – investing after positive experiences and reducing their …

Persistent link: https://www.econbiz.de/10010307025

Network Markets and Consumer Coordination

Ambrus, Attila; Argenziano, Rossella - 2004

This paper analyzes pricing decisions and competition in network markets, assuming that groups of consumers can coordinate their choices when it is in their interest, if coordination does not require communication. It is shown that multiple asymmetric networks can coexist in equilibrium. A...

Persistent link: https://www.econbiz.de/10010494335

Network Markets and Consumer Coordination

Ambrus, Attila; Argenziano, Rosella - Közgazdaság-tudományi Intézet, Közgazdaság- és … - 2004

, network externalities, platform compe- tition, coordination MŰHELYTANULM�NYOK DISCUSSION PAPERS MT�DP. 2004/23 AMBRUS ATTILA …�ci�s �rt�kei megfelelően heterog�nek legyenek. 1Introduction A market has network externalities if consumers’ utility from …-sided markets with network externalities. In these markets consumers are divided into two distinct subgroups. A con- sumer’s utility …

Persistent link: https://www.econbiz.de/10005404554

Behavioral Economics of Mobility

Tomak, Kerem - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2004

Persistent link: https://www.econbiz.de/10010987349

Can fear cause economic collapse? Insights from an experimental study

Guarino, Antonio; Huck, Steffen; Jeitschko, Thomas D. - Abteilung "Marktprozesse und Steuerung", … - 2004

presence of network externalities. Subjects follow a simple heuristic – investing after positive experiences and reducing their …

Persistent link: https://www.econbiz.de/10009367854

Herd behaviour, strategic complementarities and technology adoption

VERGARI, Cecilia - Center for Operations Research and Econometrics (CORE), … - 2004

In technology adoption, herd behaviour can lead to a suboptimal outcome. An example is given by Choi (1997): it is a model of technology choice under uncertainty where herding arises because of strategic complementarities and risk aversion. It causes a positive experimenting bias against the...

Persistent link: https://www.econbiz.de/10005008156

Technology adoption with forward looking agents

COLLA, Paolo; GARCIA, Filomena - Center for Operations Research and Econometrics (CORE), … - 2004

We investigate the effects of forward looking behavior in technology adoption. The setup is an overlapping generation model where agents choose between two alternative networks taking in consideration both the installed base and the expected base. The latter element is the distinctive feature of...

Persistent link: https://www.econbiz.de/10005008333

Network Markets and Consumers Coordination

Ambrus, Attila; Argenziano, Rossella - Cowles Foundation for Research in Economics, Yale University - 2004

Persistent link: https://www.econbiz.de/10005093925

Why do Software Manufacturers Tolerate Piracy in Transition and Less Developed Countries? A theoretical model

Kunin, Michael - Center for Economic Research and Graduate Education and … - 2004

-period framework, I show that if network externalities are present and an improvement in copyright enforcement is expected, then it is …

Persistent link: https://www.econbiz.de/10005086665