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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: 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: Ferenc Szidarovszky
Publisher: Springer Nature
ISBN: 9811536236
Category : Mathematics
Languages : en
Pages : 303
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Book Description
This book focuses on the latest advances in nonlinear dynamic modeling in economics and finance, mainly—but not solely—based on the description of strategic interaction by using concepts and methods from dynamic and evolutionary game theory. The respective chapters cover a range of theoretical issues and examples concerning how the qualitative theory of dynamical systems is used to analyze the local and global bifurcations that characterize complex behaviors observed in social systems where heterogeneous and boundedly rational economic agents interact. Nonlinear dynamical systems, represented by difference and differential and functional equations, are extensively used to simulate the behavior of time-evolving economic systems, also in the presence of time lags, discontinuities, and hysteresis phenomena. In addition, some theoretical issues and particular applications are discussed, as well. The contributions gathered here offer an up-to-date review of the latest research in this rapidly developing research area.
Author: Santiago Carbó Valverde
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 46
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Book Description
Author:
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 57
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Book Description
Author:
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 44
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Book Description
Author: Mario Schaarschmidt
Publisher: Springer Science & Business Media
ISBN: 3834941433
Category : Business & Economics
Languages : en
Pages : 244
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Book Description
In open innovation scenarios, firms are able to profit from technological developments that take place beyond the legal boundaries. However, in the absence of contract-based vertical command chains, such as in the case of open source software (OSS), it is difficult for firms to obtain control over the innovation project’s trajectory. In this book, the author suggests that firms have basically two options to control project work beyond their boundaries and beyond their vertical command chains. The assumption is discussed against various theories of the firm as well as control theory and empirically tested by analyzing firm engagement in Eclipse open source projects as well as communication work in the Linux kernel project.
Author: Koch, Stefan
Publisher: IGI Global
ISBN: 1609605144
Category : Computers
Languages : en
Pages : 308
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Book Description
"This book reviews the development, design, and use of free and open source software, providing relevant topics of discussion for programmers, as well as researchers in human-computer studies, online and virtual collaboration, and e-learning"--Provided by publisher.
Author: Paul Bracken
Publisher: BoD – Books on Demand
ISBN: 1789855438
Category : Mathematics
Languages : en
Pages : 138
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Book Description
The subject of chaos has invaded practically every area of the natural sciences. Weather patterns are referred to as chaotic. There are chemical reactions and chaotic evolution of insect populations. Atomic and molecular physics have also seen the emergence of the study of chaos in these microscopic domains. This book examines the issue of chaos in nonlinear and dynamical systems, quantum mechanics, biology, and economics.
Author: Cecilia Rikap
Publisher: Routledge
ISBN: 1000368750
Category : Business & Economics
Languages : en
Pages : 290
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Book Description
In contemporary global capitalism, the most powerful corporations are innovation or intellectual monopolies. The book’s unique perspective focuses on how private ownership and control of knowledge and data have become a major source of rent and power. The author explains how at the one pole, these corporations concentrate income, property and power in the United States, China, and in a handful of intellectual monopolies, particularly from digital and pharmaceutical industries, while at the other pole developing countries are left further behind. The book includes detailed empirical mappings of how intellectual monopolies develop and transform knowledge from universities and open-source collaborations into intangible assets. The result is a strategy that combines undermining the commons through privatization with harvesting from the same commons. The book ends with provoking reflections to tilt the scale against intellectual monopoly capitalism and arguing that desired changes require democratic mobilization of workers and citizens at large. This book represents one of the first attempts to capture the contours of an emerging new era where old perspectives lead us astray, and the old policy toolbox is hopelessly inadequate. This is true for the idea that the best, or only, way to promote innovation is to transform knowledge into private property. It is also true for anti-trust policies focusing exclusively on consumer prices. The formation of global infrastructures that lead to natural monopolies calls for public rather than private ownership. Scholars and professionals from the social sciences and humanities (in particular economics, sociology, political science, geography, educational science and science and technology studies) will enjoy a clear and all-embracing depiction of innovation dynamics in contemporary capitalism, with a particular focus on asymmetries between actors, regions and topics. In fact, its topical issue broadens the book’s scope to those curious about how innovation networks shape our world.
