Microfoundations of the Network Effect
Language: English
Published by LAP LAMBERT Academic Publishing Jul 2017, 2017
- Softcover
- New
Seller: buchversandmimpf2000, Emtmannsberg, BAYE, Germanybuchversandmimpf2000
AbeBooks seller since January 23, 2017
Condition: New
£ 31.24
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Add to basketItem description from seller
This item is printed on demand - Print on Demand Titel. Neuware -The industrial organisation literature typically assumes ex-ante utility functions to quantify the network effects of the various industries it models. In this book we present a simple analytical model which uses an explicit graph-theoretic modelling to simulate these network effects. The network effects it describes are fairly general since they are a mix of pure network effects - being able to link to more agents - and of potential cost-reductions stemming from decreasing marginal costs of the network infrastructure. The model can be applied to a variety of situations, such as telecommunication networks, the current Central Security Depositories network of cross-border links, or, alternatively, its associated custodian network. We derive close-forms of a (quadratic) network effect from the model. In particular it allows to quantify the advantage of a given individual to join a given network, and to split up analytically the various benefits expected from the network. We derive closed-form formulas in the case of homogeneous network and present the algorithms needed for Monte-Carlo simulations for the non-homogeneous case.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 68 pp. Englisch.…
Seller Inventory # 9786202010245
- Title
- Microfoundations of the Network Effect
- Author
- Fabien Mercier
- Publisher
- LAP LAMBERT Academic Publishing Jul 2017
- Publication year
- 2017
- Condition
- Neu
- Binding
- Taschenbuch
- Language
- English
- ISBN 10
- 620201024X
- ISBN 13
- 9786202010245
- Item weight
- 119 grams
- Dimensions
- 220x150x5 mm
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About the Author
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buchversandmimpf2000
Emtmannsberg, BAYE, Germany
AbeBooks seller since January 23, 2017
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