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Author: Ramon Casadesus-Masanell
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 41
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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.
Author: Ramon Casadesus-Masanell
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 41
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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.
Author: Ramon Casadesus-Masanell
Publisher:
ISBN:
Category :
Languages : en
Pages : 34
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Book Description
Author: Ramon Casadesus-Masanell
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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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.
Author: Jerzy A. Filar
Publisher: Springer Science & Business Media
ISBN: 1461213363
Category : Mathematics
Languages : en
Pages : 459
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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
Author: Leon A. Petrosyan
Publisher: Springer Nature
ISBN: 3030519414
Category : Mathematics
Languages : en
Pages : 294
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Book Description
This book includes papers presented at the ISDG12-GTM2019 International Meeting on Game Theory, as a joint meeting of the 12th International ISDG Workshop and the 13th "International Conference on Game Theory and Management”, held in St. Petersburg in July 2019. The topics cover a wide range of game-theoretic models and include both theory and applications, including applications to management.
Author: Marta Roig Vila
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 44
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Book Description
Author:
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 58
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Author:
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 34
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Author: Pedro J. Hernández
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 48
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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.
Author:
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 55
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Book Description
