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Cournot Competition on a Network of Markets And Firms

İlkiliç, Rahmi - 2009

Suppose markets and firms are connected in a bi-partite network, where firms can only supply to the markets they are connected to. Firms compete a la Cournot and decide how much to supply to each market they have a link with. We assume that markets have linear demand functions and firms have...

Persistent link: https://www.econbiz.de/10014205788

Cournot competition on a network of markets and firms

Ilkiliç, Rahmi - 2009

Persistent link: https://www.econbiz.de/10008811029

Competition and innovation in a technology setting software duopoly

Bitzer, Jürgen; Schröder, Philipp J. H. - 2003

Recently the software industry has experienced fundamental changes in market structure through the entry of open source … market structure from monopoly to duopoly under the assumption that software producers compete in technology rather than … price or quantities. The model includes the presence of technological progress and menu costs of adjusting existing software …

Persistent link: https://www.econbiz.de/10011438863

Modelling Transactions with Ultimatum Games : An Experiment on Certification

Guerra, Gerardo A. - 2003

Ultimatum games have been extensively used in experimental studies. By studying the consequences that restrictions shared by ultimatum games have in subject's behaviour, this paper argues that some results are falsified by design constraints. This paper also presents a taxonomy of certification,...

Persistent link: https://www.econbiz.de/10014104711

Formation of stable and efficient social storage cloud

Mane, Pramod C.; Krishnamurthy, Nagarajan; Ahuja, Kapil - In: Games 10 (2019) 4/44, pp. 1-17

In this paper, we study the formation of endogenous social storage cloud in a dynamic setting, where rational agents build their data backup connections strategically. We propose a degree-distance-based utility model, which is a combination of benefit and cost functions. The benefit function of...

Persistent link: https://www.econbiz.de/10012167820

Distributed ledgers and the governance of money

Auer, Raphael A.; Monnet, Cyril; Shin, Hyun Song - 2021

Blockchain technology breathes new life into the classical analysis of money as a substitute for a ledger of all past transactions. While it involves updating the ledger through a decentralized consensus on the unique truth, the robustness of the equilibrium that supports this consensus depends...

Persistent link: https://www.econbiz.de/10012425885

Permissioned distributed ledgers and the governance of money

Auer, Raphael A.; Monnet, Cyril; Shin, Hyun Song - 2021

We explore the economics and optimal design of "permissioned" distributed ledger technology (DLT) in a credit economy. Designated validators verify transactions and update the ledger at a cost that is derived from a supermajority voting rule, thus giving rise to a public good provision game....

Persistent link: https://www.econbiz.de/10012432480

The Economics of the Right to Be Forgotten

Kim, Byung-Cheol; Kim, Jin Yeub - 2017

Scholars and practitioners debate whether to expand the scope of the right to be forgotten—the right to have certain links removed from search results—to encompass global search results. The debate centers on the assumption that the expansion will increase the incidence of link removal,...

Persistent link: https://www.econbiz.de/10014132746

On platforms, incomplete contracts, and open source software

Niedermayer, Andras - In: International journal of industrial organization 31 (2013) 6, pp. 714-722

Persistent link: https://www.econbiz.de/10010257876

Competitive Strategy for Open Source Software

Kumar, Vineet; Gordon, Brett R.; Srinivasan, Kannan - 2014

Commercial open source software (COSS) products --- privately developed software based on publicly available source …

Persistent link: https://www.econbiz.de/10014044715