Technology Advancement in Network Markets and Agent Bargaining
I extend the Katz and Shapiro (1985) oligopoly model with network effects to encompass products with differing technological levels. I focus on a version of the model in which firms can invest in order to improve the probability that they advance their technology from a low level to a high level. I...
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| Language: | en_US |
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The University of Arizona.
2016
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| Online Access: | http://hdl.handle.net/10150/596000 |