This paper is about the diffusion of cooperation in an infinite population of networked individuals repeatedly playing a Prisoner's Dilemma. We formulate conditions on payoffs and network structure such that, starting from an initial seed group, imitative learning results in the overall adoption...

Based on French data describing the characteristics of entrepreneurs and their projects, this article studies the differences between the determinants of survival for innovative and non-innovative micro-enterprises. We show that the survival of innovative and non-innovative enterprises is linked...

This book re-examines the rationale for public policy, concluding that the prevailing ‘public knowledge' model is evolving towards a networked or distributed model of knowledge production and use in which public and private institutions play complementary roles. It provides a set of tools and...

The dynamics of technological adoption are studied in a Markovian industry in which competing firms interact through price and network externalities. Technological complementarities alter firms productivities, entailing permanent fluctuations in output and equilibrium price. The limit...

This paper provides an analysis of compatibility in a sequential game in which firms first choose whether they supply compatible products and then set the price which they charge. The equilibrium compatibility configuration is the outcome of a trade-off between consumers' valuation of...