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Network externalities, competition, and compatibility
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This article is published in The American Economic Review.The article was published on 1985-01-01 and is currently open access. It has received 6100 citations till now. The article focuses on the topics: Network economics.read more
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The Path of Most Persistence: An Evolutionary Perspective on Path Dependence and Dynamic Capabilities
TL;DR: In this article, the authors extend the dynamic capability view and research on organizational path dependence by arguing that path dependence can be a property of capabilities when a contingently-triggered capability path is subject to self-reinforcement (i.e., a set of positive and negative mechanisms that increases the attractiveness of a path relative to others).
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A Network-based view of regional growth
Robert Huggins,Piers Thompson +1 more
TL;DR: In this article, the authors argue that regional growth is partly a function of the value created through inter-organizational flows of knowledge within and across regions, and propose that investment in calculative networks by organizations to access knowledge is a form of capital, termed network capital, which should be incorporated into regional growth models.
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On the adoption of innovations with ‘network’ externalities
TL;DR: In this article, the authors present a simple dynamic model of adoption of an innovation when there are network externalities, that is, when one agent's benefit from adoption increases with the number of other adopters, and assume there is a continuum of differentiated potential adopters who are perfectly informed rational agents.
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The Economic Consequences of Disappearing Government Debt
Vincent Reinhart,Brian P. Sack +1 more
TL;DR: The latest projections of the Congressional Budget Office (CBOE) peg the federal surplus for fiscal year 2000 in excess of $230 billion, around $50 billion more than its forecast of just six months earlier.
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Internet companies' growth strategies: determinants of investment intensity and long-term performance
TL;DR: In this paper, the authors present an econometric analysis of factors that determined the intensity of Internet companies' investments in growth, and analyzes the long-term performance consequences of such investments.
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Monopoly, quality, and regulation
TL;DR: In this paper, the authors argue that under regimes of monopoly and monopolistic competition, product characteristics (which are often endogenous variables) are not usually optimally set under the pressure of market forces, and that regulation is also beset with difficulties when price and quality are decision variables.
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Critical Mass and Tariff Structure in Electronic Communications Markets
Shmuel S. Oren,Stephen A. Smith +1 more
TL;DR: In this article, the authors developed an economic model that determines both the required critical mass size for startup and the ultimate expansion level of such a system and evaluated the effects of different pricing structures for the service under the assumption that users maximize benefits minus cost and a monopoly supplier maximizes profit.
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Tax Analysis in an Oligopoly Model
Michael L. Katz,Harvey S. Rosen +1 more
TL;DR: In this article, the authors use the conjectural variations model of oligopoly to analyze the way in which the incidence of a tax depends upon the pattern of firm interaction and show that the errors that arise in excess burden calculations when incorrect assumptions on market structure are made.
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Tax Analysis in an Oligopoly Model
Michael L. Katz,Harvey S. Rosen +1 more
TL;DR: In this paper, the authors use the conjectural variations model of oligopoly to analyze the way in which the incidence of a tax depends on the pattern of firm interaction and show that the errors that can arise in excess burden calculations when incorrect assumptions on market structure are made.