Tuesday, February 3, 2015

Incentives to Innovate, Compatibility and Efficiency in Durable Goods Markets with Network Effects

Thanos Athanasopoulos (Department of Economics, University of Warwick) examines Incentives to Innovate, Compatibility and Efficiency in Durable Goods Markets with Network Effects. ABSTRACT: This paper investigates the relation between firms’R&D incentives and their compatibility decisions regarding durable, imperfectly substitutable network...

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