identifying network effects on economic outcomes is first discussed, followed by solutions to this problem that have been put …

challenges for macroeconomic policy / Stephen G. Cecchetti -- 5. Competition policy in network industries : an introduction … -- 7. Network meltdown : the legacy of bad economics / Stan Liebowitz -- 8. Should we teach an old economy dog New Economy …

This paper investigates the impact on the network growth of the level of merchant discount, the level of Multilateral … Interchange Fee (MIF), and the consumers' and the merchants' awareness of positive network effects. In an artificial market, in … which issuers and acquirers belong to the same network, we simulate explicitly the interactions among consumers and …

We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … industrial revolution, followed by decreasing relative inequality. Knowledge diffusion through a Small World network explains the …