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New empirical models of consumer demand that incorporate social preferences, observational learning, word-of-mouth or network effects have the feature that the adoption of others in the reference group - the “installed-base” - has a causal effect on current adoption behavior. Estimation of...
Persistent link: https://www.econbiz.de/10013118582
In this paper, I develop and estimate a dynamic model of strategic network formation with heterogeneous agents. The main theoretical result is the existence of a unique stationary equilibrium, which characterizes the probability of observing a specific network in the data. As a consequence, the...
Persistent link: https://www.econbiz.de/10013069127
This paper investigates how the destabilizing of a social network may increase the scope of network externalities, using data on sales of a video-calling system made by a business-to- usiness manufacturer to banking employees and subsequent usage by these customers. The terrorist attacks of 2001...
Persistent link: https://www.econbiz.de/10014213703
Online peer-to-peer communities and online social networks have become increasingly popular. In particular, the recent boost of online peer-to-peer communities leads to exponential growth in sharing of user-contributed content which have brought profound changes to business and economic...
Persistent link: https://www.econbiz.de/10014222924
This paper investigates the patent licensing networks formed by competing firms. Assuming that licensing agreements can involve the payment of fixed fees only and that firms compete à la Cournot, we show that the complete network is always bilaterally efficient and that the monopoly network is...
Persistent link: https://www.econbiz.de/10014141801
Understanding the process of software adoption is of paramount importance to software start-ups. We study a monopolistic seller's optimal consumer network structure formation (seeding, segmentation, sequencing, and pricing strategies) under network effects. We demonstrate the importance of...
Persistent link: https://www.econbiz.de/10013037525
We discuss the case of a monopolist of a base good in the presence of a complementary good provided either by it or by another firm. We assess and calibrate the extent of the influence on the profits from the base good that is created by the existence of the complementary good. We establish an...
Persistent link: https://www.econbiz.de/10014030948
We empirically study a dynamic platform competition in the online daily deals promotion industry characterized by intense rivalry between two leading promotion sites, Groupon and LivingSocial, that broker between local merchants and local consumers. We find that, for a comparable deal, the...
Persistent link: https://www.econbiz.de/10014164584
computer and Internet penetration have identified income, telecommunications infrastructure, and regulatory quality as key …, through organizational innovations that provide low cost Internet access in developing countries, within the existing levels … Internet use. The situations in which data was collected were ones where computer and Internet access was being provided by a …
Persistent link: https://www.econbiz.de/10012712924
in computer and Internet penetration have been performed. The main conclusions and policy implications from these studies … an alternative approach to bridging the digital divide, through organizational innovations that provide low cost Internet …, to examine factors influencing patterns of computer and Internet use. These individuals were in situations where computer …
Persistent link: https://www.econbiz.de/10012709249