Vertical Control Change and Platform Organization under Network Externalities
نویسندگان
چکیده
منابع مشابه
" Lock - in " vs . " critical masses " - industrial change under network externalities
Where increasing returns to adoption play a role in the diffusion of a new technology, technological "lock-in" is now often claimed to occur. However, this result, and the modeling approach that produces it, are problematic. Further innovations could never have a chance of disseminating, if "lock-in" had occurred in the diffusion process of earlier innovations. Yet, in reality, industrial chang...
متن کاملVertical Product Di erentiation, Network Externalities, and Compatibility Decisions
We analyse the subgame perfect equilibrium of a four stage game in a model of vertical product di erentiation, where the consumer's evaluation of a product depends on its inherent quality and on its network's size. First, two rms choose their product's inherent quality. Then they may mutually agree on providing an adapter before competing in prices. Finally, consumers buy. We nd that, despite t...
متن کاملNetwork Formation under Multiple Sources of Externalities∗
The architecture of social and economic networks is often explained in terms of the externalities shaping the link-forming incentives of players. We make two contributions to this literature. First, we bring into its ambit the linear-quadratic utility model. Since players’ utilities are now a function of their network centralities, this permits endogenizing their locational incentives in a netw...
متن کاملCrowdfunding under Social Learning, Network Externalities, and Financial Constraints
Introduction. Crowdfunding describes the collective cooperation, attention and trust by people who network and pool their money together, usually via the Internet, in order to support efforts initiated by other people or organizations. Crowdfunding occurs for any variety of purposes, from disaster relief to citizen journalism to artists seeking support from fans, to political campaigns. In this...
متن کاملInvestment and emission control under technology and pollution externalities
This paper studies incentives to develop advanced pollution abatement technology when technology may spillover across agents and pollution abatement is a public good. We are motivated by a variety of pollution control issues where solutions require the development and implementation of new pollution abatement technologies. We show that at the Nash equilibrium of a simultaneous-move game with R&...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Social Science Research Network
سال: 2022
ISSN: ['1556-5068']
DOI: https://doi.org/10.2139/ssrn.4180700