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Dynamic Mixed Duopoly

Dynamic Mixed Duopoly PDF Author: Ramon Casadesus-Masanell
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 41

Book Description
This paper analyzes a dynamic mixed duopoly in which a profit-maximizing competitor interacts with a competitor that prices at zero (or marginal cost), with the cumulation of output affecting their relative positions over time. The modeling effort is motivated by interactions between Linux, an open-source operating system, and Microsoft's Windows in the computer server segment, and consequently emphasizes demand-side learning effects that generate dynamic scale economies (or network externalities). Analytical characterizations of the equilibrium under such conditions are offered, and some comparative static and welfare effects are examined.

Dynamic Mixed Duopoly

Dynamic Mixed Duopoly PDF Author: Ramon Casadesus-Masanell
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 41

Book Description
This paper analyzes a dynamic mixed duopoly in which a profit-maximizing competitor interacts with a competitor that prices at zero (or marginal cost), with the cumulation of output affecting their relative positions over time. The modeling effort is motivated by interactions between Linux, an open-source operating system, and Microsoft's Windows in the computer server segment, and consequently emphasizes demand-side learning effects that generate dynamic scale economies (or network externalities). Analytical characterizations of the equilibrium under such conditions are offered, and some comparative static and welfare effects are examined.

Advances in Dynamic Games and Applications

Advances in Dynamic Games and Applications PDF Author: Jerzy A. Filar
Publisher: Springer Science & Business Media
ISBN: 1461213363
Category : Mathematics
Languages : en
Pages : 459

Book Description
Modem game theory has evolved enonnously since its inception in the 1920s in the works ofBorel and von Neumann and since publication in the 1940s of the seminal treatise "Theory of Games and Economic Behavior" by von Neumann and Morgenstern. The branch of game theory known as dynamic games is-to a significant extent-descended from the pioneering work on differential games done by Isaacs in the 1950s and 1960s. Since those early decades game theory has branched out in many directions, spanning such diverse disciplines as mathematics, economics, electrical and electronics engineering, operations research, computer science, theoretical ecology, environmental science, and even political science. The papers in this volume reflect both the maturity and the vitality of modem day game theory in general, and of dynamic games, in particular. The maturity can be seen from the sophistication of the theorems, proofs, methods, and numerical algorithms contained in these articles. The vitality is manifested by the range of new ideas, new applications, the numberofyoung researchers among the authors, and the expanding worldwide coverage of research centers and institutes where the contributions originated

The The Determinants of International Financial Integration Revisited: The Role of Networks and Geographic Neutrality

The The Determinants of International Financial Integration Revisited: The Role of Networks and Geographic Neutrality PDF Author:
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 71

Book Description


How Firms Can Strategically Influence Open Source Communities

How Firms Can Strategically Influence Open Source Communities PDF Author: Viktor Lee
Publisher: Springer Science & Business Media
ISBN: 3834971405
Category : Business & Economics
Languages : en
Pages : 209

Book Description
Firms have discovered that open source (OS) communities can be valuable sources of innovation. However, the access for firms to these communities turned to be intricate. One proven way of how firms can enter OS communities is via their personnel (“men on the inside”). Focusing on firmsponsored OS communities, Viktor Lee detects the specific functions of MOI and how these individuals influence the community network by applying a comparative case study of two OSS firms. A netnographic and social network analysis of the community interactions of over 12,000 individuals was conducted. He concludes that firms can succeed in integrating a community into the firm’s development process with the help of the MOI.

Parameterizing Expectations for Incomplete Markets Economies

Parameterizing Expectations for Incomplete Markets Economies PDF Author:
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 44

Book Description


Immigrant Mothers, Spanish Babies. Childbearing Patterns of Foreign Women in Spain

Immigrant Mothers, Spanish Babies. Childbearing Patterns of Foreign Women in Spain PDF Author: Marta Roig Vila
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 44

Book Description


Time, Quality and Growth

Time, Quality and Growth PDF Author:
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 58

Book Description


Capabilities and Opportunities in Health

Capabilities and Opportunities in Health PDF Author:
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 34

Book Description


Firms' Main Market, Human Capital and Wages

Firms' Main Market, Human Capital and Wages PDF Author: Pedro J. Hernández
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 48

Book Description
The literature on the exporter wage premium has focused on an exporter/non-exporter dichotomy. Instead, this paper provides first evidence that there is a more continuous destination-market effect. Using Spanish data, we estimate wage premia for establishments selling to the national, European Union, and rest of the world markets (with respect to wages in local-market establishments). Controlling for worker and establishment characteristics, output-market wage premia are increasing in market remoteness and employee education. Establishment human capital is also increasing in output-market remoteness. The paper builds a theoretical model that provides a potential explanation for these empirical results, which is also consistent with the recent evidence on the positive relationship between output-market remoteness and quality of exports.

Can International Environmental Cooperation Be Bought?

Can International Environmental Cooperation Be Bought? PDF Author:
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 55

Book Description