Technological change in markets with network externalities
نویسندگان
چکیده
منابع مشابه
RDin Markets with Network Externalities
We study how network externalities affect research and development (Rinvestments by a non−cooperative duopoly that offers compatible products. We find that multiple RDequilibria may arise when network externalities are non linear in the number of consumers. The lowest RDequilibrium corresponds to the case where network externalities are absent. However, even in the presence of network externali...
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ژورنال
عنوان ژورنال: International Journal of Industrial Organization
سال: 1995
ISSN: 0167-7187
DOI: 10.1016/0167-7187(94)00457-d