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Economics is a complex system that requires different approaches for analysis. I analyzed switching costs and network effects together with a new simulation approach to modeling systems composed of autonomous and interacting agents. Agent based computational economics is one of the simulation...
Persistent link: https://www.econbiz.de/10012165545
discipline drawing layers that are routinely used. Additions, deletions or revisions to the layering conventions are encourage. …
Persistent link: https://www.econbiz.de/10009436838
This paper analyzes the causes of illegal copying and its effects in the software market across 66countries. By studying the aggregated and joint effects of different variables, the analysis shows thatsupply constraints in the software market, shortage of after-sale support, and characteristics...
Persistent link: https://www.econbiz.de/10009432832
Both theoretical and empirical evidence suggest that in markets withstandards competition, strong network effects can make the strong growstronger and, in some circumstances, even 'tip' the market towards asingle, winner-take-all standard. We theorize that in the presence oflow cost conversion...
Persistent link: https://www.econbiz.de/10009435116
The Market in Financial Instruments Directive (MiFID) aims to increasecompetition and to foster client protection in the European financialmarket. Among other provisions, it abolishes the concentration rule andchallenges the market ower of existing trading venues. The directiveintroduces venue...
Persistent link: https://www.econbiz.de/10009435139
This dissertation comprises three individual chapters. Chapter Two examines how free riding across neighbors influenced the diffusion of color television sets in rural China. Chapter Three tests for asymmetric information between a firm’s management and other investors concerning its patent...
Persistent link: https://www.econbiz.de/10009460485
Diese Dissertation umfasst sowohl einen theoretisches als auch einen empirischen Beitrag zur Analyse der Messung der gesamten Faktorproduktivität (TFP). Das erste Kapitel inspiziert die bestehende Literatur über die häufigsten Techniken der TFP Messung und gibt einen Überblick über deren...
Persistent link: https://www.econbiz.de/10009467032
Diese Dissertation besteht aus drei Aufsätzen, in denen verschiedene Aspekte von zweiseitigen Märkten untersucht werden. Dabei handelt es sich um Märkte mit zwei verschiedenen Nutzergruppen, von denen jede Netzwerkeffekte auf die jeweils andere Seite ausübt. Im ersten Aufsatz werden die...
Persistent link: https://www.econbiz.de/10009467049
Diese Dissertation stellt ein strukturelles ökonometrisches Modell der Nachfrage mit direkten Netzwerkeffekten vor. Der strukturelle Ansatz ermöglicht es, den Umfang von Netzwerkeffekten and Netwerkkompatibilität zu identifizieren. Nach unserem Wissen ist es das erste Modell, das diese...
Persistent link: https://www.econbiz.de/10009467122
With the growing recognition of the role played by geography in all sorts of economicproblems, there is strong interest in measuring the size and scope of local spillovers (i.e.,simple anonymous agglomeration or congestion effects, or more complicated interactions between individuals or firms of...
Persistent link: https://www.econbiz.de/10009475557