Stochastic Racing in Network Markets

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概要

• 論文の詳細を見る

• We look at a hyper-competitive situation in network markets where there is uncertain technological development in product/process technologies . Firms compete in those markets to gain market share before any of them succeeds in getting an innovation to move ahead of its rival(s). If the firms are in a technology race but the probability of innovation is small then a firm with a bigger network advantage is likely to attract more customers in the absence of innovation. If however any of those firms expect innovation with a high probability, and none of them have a big advantage, then they keep on sharing the market until the innovation occurs.

• 関西学院大学の論文
• 2002-12-00

著者

• Gottinger Hans-Werner

  Institute of Management Sciences The University of Maastricht (RL):Kwansei Gakuin University (KGU)

関連論文

• Stochastic Racing in Network Markets

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