R&D for Quality Improvement and Network Externalities
Abstract We investigate the bearings of network externalities on product quality improvements requiring costly R&D investments. The model considers the dynamic behaviour of a monopolist alternatively maximising profits or social welfare. On the one hand, we confirm much of the acquired wisdom fr...
Ausführliche Beschreibung
Autor*in: |
Lambertini, Luca [verfasserIn] Orsini, Raimondello [verfasserIn] |
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Format: |
E-Artikel |
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Sprache: |
Englisch |
Erschienen: |
2007 |
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Schlagwörter: |
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Übergeordnetes Werk: |
Enthalten in: Networks and spatial economics - Dordrecht [u.a.] : Springer Science Business Media B.V., 2001, 10(2007), 1 vom: 19. Sept., Seite 113-124 |
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Übergeordnetes Werk: |
volume:10 ; year:2007 ; number:1 ; day:19 ; month:09 ; pages:113-124 |
Links: |
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DOI / URN: |
10.1007/s11067-007-9034-7 |
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Katalog-ID: |
SPR01628593X |
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520 | |a Abstract We investigate the bearings of network externalities on product quality improvements requiring costly R&D investments. The model considers the dynamic behaviour of a monopolist alternatively maximising profits or social welfare. On the one hand, we confirm much of the acquired wisdom from the static literature on the same topic, about the arising of quality undersupply at the private optimum. On the other, we show that the monopoly optimum requires specific viability conditions, while the social optimum is always viable. We also show that the presence of network externalities affects the optimal investment behaviour of the profit-seeking firm but not that of a benevolent planner, who serves all consumers from the outset. | ||
650 | 4 | |a Monopoly |7 (dpeaa)DE-He213 | |
650 | 4 | |a Network externality |7 (dpeaa)DE-He213 | |
650 | 4 | |a Product quality |7 (dpeaa)DE-He213 | |
700 | 1 | |a Orsini, Raimondello |e verfasserin |4 aut | |
773 | 0 | 8 | |i Enthalten in |t Networks and spatial economics |d Dordrecht [u.a.] : Springer Science Business Media B.V., 2001 |g 10(2007), 1 vom: 19. Sept., Seite 113-124 |w (DE-627)325570701 |w (DE-600)2037373-9 |x 1572-9427 |7 nnns |
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10.1007/s11067-007-9034-7 doi (DE-627)SPR01628593X (SPR)s11067-007-9034-7-e DE-627 ger DE-627 rakwb eng 004 ASE 74.03 bkl 74.08 bkl 85.03 bkl Lambertini, Luca verfasserin aut R&D for Quality Improvement and Network Externalities 2007 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier Abstract We investigate the bearings of network externalities on product quality improvements requiring costly R&D investments. The model considers the dynamic behaviour of a monopolist alternatively maximising profits or social welfare. On the one hand, we confirm much of the acquired wisdom from the static literature on the same topic, about the arising of quality undersupply at the private optimum. On the other, we show that the monopoly optimum requires specific viability conditions, while the social optimum is always viable. We also show that the presence of network externalities affects the optimal investment behaviour of the profit-seeking firm but not that of a benevolent planner, who serves all consumers from the outset. Monopoly (dpeaa)DE-He213 Network externality (dpeaa)DE-He213 Product quality (dpeaa)DE-He213 Orsini, Raimondello verfasserin aut Enthalten in Networks and spatial economics Dordrecht [u.a.] : Springer Science Business Media B.V., 2001 10(2007), 1 vom: 19. Sept., Seite 113-124 (DE-627)325570701 (DE-600)2037373-9 1572-9427 nnns volume:10 year:2007 number:1 day:19 month:09 pages:113-124 https://dx.doi.org/10.1007/s11067-007-9034-7 lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_SPRINGER SSG-OPC-GGO SSG-OPC-ASE GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_101 GBV_ILN_105 GBV_ILN_110 GBV_ILN_120 GBV_ILN_138 GBV_ILN_150 GBV_ILN_151 GBV_ILN_152 GBV_ILN_161 GBV_ILN_170 GBV_ILN_171 GBV_ILN_187 GBV_ILN_213 GBV_ILN_224 GBV_ILN_230 GBV_ILN_250 GBV_ILN_281 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_636 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2031 GBV_ILN_2034 GBV_ILN_2037 GBV_ILN_2038 GBV_ILN_2039 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2070 GBV_ILN_2086 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2107 GBV_ILN_2108 GBV_ILN_2110 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2116 GBV_ILN_2118 GBV_ILN_2119 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2144 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2188 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2446 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_2548 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4336 GBV_ILN_4338 GBV_ILN_4393 GBV_ILN_4700 74.03 ASE 74.08 ASE 85.03 ASE AR 10 2007 1 19 09 113-124 |
spelling |
10.1007/s11067-007-9034-7 doi (DE-627)SPR01628593X (SPR)s11067-007-9034-7-e DE-627 ger DE-627 rakwb eng 004 ASE 74.03 bkl 74.08 bkl 85.03 bkl Lambertini, Luca verfasserin aut R&D for Quality Improvement and Network Externalities 2007 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier Abstract We investigate the bearings of network externalities on product quality improvements requiring costly R&D investments. The model considers the dynamic behaviour of a monopolist alternatively maximising profits or social welfare. On the one hand, we confirm much of the acquired wisdom from the static literature on the same topic, about the arising of quality undersupply at the private optimum. On the other, we show that the monopoly optimum requires specific viability conditions, while the social optimum is always viable. We also show that the presence of network externalities affects the optimal investment behaviour of the profit-seeking firm but not that of a benevolent planner, who serves all consumers from the outset. Monopoly (dpeaa)DE-He213 Network externality (dpeaa)DE-He213 Product quality (dpeaa)DE-He213 Orsini, Raimondello verfasserin aut Enthalten in Networks and spatial economics Dordrecht [u.a.] : Springer Science Business Media B.V., 2001 10(2007), 1 vom: 19. Sept., Seite 113-124 (DE-627)325570701 (DE-600)2037373-9 1572-9427 nnns volume:10 year:2007 number:1 day:19 month:09 pages:113-124 https://dx.doi.org/10.1007/s11067-007-9034-7 lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_SPRINGER SSG-OPC-GGO SSG-OPC-ASE GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_101 GBV_ILN_105 GBV_ILN_110 GBV_ILN_120 GBV_ILN_138 GBV_ILN_150 GBV_ILN_151 GBV_ILN_152 GBV_ILN_161 GBV_ILN_170 GBV_ILN_171 GBV_ILN_187 GBV_ILN_213 GBV_ILN_224 GBV_ILN_230 GBV_ILN_250 GBV_ILN_281 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_636 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2031 GBV_ILN_2034 GBV_ILN_2037 GBV_ILN_2038 GBV_ILN_2039 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2070 GBV_ILN_2086 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2107 GBV_ILN_2108 GBV_ILN_2110 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2116 GBV_ILN_2118 GBV_ILN_2119 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2144 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2188 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2446 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_2548 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4336 GBV_ILN_4338 GBV_ILN_4393 GBV_ILN_4700 74.03 ASE 74.08 ASE 85.03 ASE AR 10 2007 1 19 09 113-124 |
allfields_unstemmed |
10.1007/s11067-007-9034-7 doi (DE-627)SPR01628593X (SPR)s11067-007-9034-7-e DE-627 ger DE-627 rakwb eng 004 ASE 74.03 bkl 74.08 bkl 85.03 bkl Lambertini, Luca verfasserin aut R&D for Quality Improvement and Network Externalities 2007 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier Abstract We investigate the bearings of network externalities on product quality improvements requiring costly R&D investments. The model considers the dynamic behaviour of a monopolist alternatively maximising profits or social welfare. On the one hand, we confirm much of the acquired wisdom from the static literature on the same topic, about the arising of quality undersupply at the private optimum. On the other, we show that the monopoly optimum requires specific viability conditions, while the social optimum is always viable. We also show that the presence of network externalities affects the optimal investment behaviour of the profit-seeking firm but not that of a benevolent planner, who serves all consumers from the outset. Monopoly (dpeaa)DE-He213 Network externality (dpeaa)DE-He213 Product quality (dpeaa)DE-He213 Orsini, Raimondello verfasserin aut Enthalten in Networks and spatial economics Dordrecht [u.a.] : Springer Science Business Media B.V., 2001 10(2007), 1 vom: 19. Sept., Seite 113-124 (DE-627)325570701 (DE-600)2037373-9 1572-9427 nnns volume:10 year:2007 number:1 day:19 month:09 pages:113-124 https://dx.doi.org/10.1007/s11067-007-9034-7 lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_SPRINGER SSG-OPC-GGO SSG-OPC-ASE GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_101 GBV_ILN_105 GBV_ILN_110 GBV_ILN_120 GBV_ILN_138 GBV_ILN_150 GBV_ILN_151 GBV_ILN_152 GBV_ILN_161 GBV_ILN_170 GBV_ILN_171 GBV_ILN_187 GBV_ILN_213 GBV_ILN_224 GBV_ILN_230 GBV_ILN_250 GBV_ILN_281 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_636 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2031 GBV_ILN_2034 GBV_ILN_2037 GBV_ILN_2038 GBV_ILN_2039 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2070 GBV_ILN_2086 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2107 GBV_ILN_2108 GBV_ILN_2110 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2116 GBV_ILN_2118 GBV_ILN_2119 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2144 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2188 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2446 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_2548 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4336 GBV_ILN_4338 GBV_ILN_4393 GBV_ILN_4700 74.03 ASE 74.08 ASE 85.03 ASE AR 10 2007 1 19 09 113-124 |
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10.1007/s11067-007-9034-7 doi (DE-627)SPR01628593X (SPR)s11067-007-9034-7-e DE-627 ger DE-627 rakwb eng 004 ASE 74.03 bkl 74.08 bkl 85.03 bkl Lambertini, Luca verfasserin aut R&D for Quality Improvement and Network Externalities 2007 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier Abstract We investigate the bearings of network externalities on product quality improvements requiring costly R&D investments. The model considers the dynamic behaviour of a monopolist alternatively maximising profits or social welfare. On the one hand, we confirm much of the acquired wisdom from the static literature on the same topic, about the arising of quality undersupply at the private optimum. On the other, we show that the monopoly optimum requires specific viability conditions, while the social optimum is always viable. We also show that the presence of network externalities affects the optimal investment behaviour of the profit-seeking firm but not that of a benevolent planner, who serves all consumers from the outset. Monopoly (dpeaa)DE-He213 Network externality (dpeaa)DE-He213 Product quality (dpeaa)DE-He213 Orsini, Raimondello verfasserin aut Enthalten in Networks and spatial economics Dordrecht [u.a.] : Springer Science Business Media B.V., 2001 10(2007), 1 vom: 19. Sept., Seite 113-124 (DE-627)325570701 (DE-600)2037373-9 1572-9427 nnns volume:10 year:2007 number:1 day:19 month:09 pages:113-124 https://dx.doi.org/10.1007/s11067-007-9034-7 lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_SPRINGER SSG-OPC-GGO SSG-OPC-ASE GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_101 GBV_ILN_105 GBV_ILN_110 GBV_ILN_120 GBV_ILN_138 GBV_ILN_150 GBV_ILN_151 GBV_ILN_152 GBV_ILN_161 GBV_ILN_170 GBV_ILN_171 GBV_ILN_187 GBV_ILN_213 GBV_ILN_224 GBV_ILN_230 GBV_ILN_250 GBV_ILN_281 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_636 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2031 GBV_ILN_2034 GBV_ILN_2037 GBV_ILN_2038 GBV_ILN_2039 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2070 GBV_ILN_2086 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2107 GBV_ILN_2108 GBV_ILN_2110 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2116 GBV_ILN_2118 GBV_ILN_2119 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2144 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2188 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2446 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_2548 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4336 GBV_ILN_4338 GBV_ILN_4393 GBV_ILN_4700 74.03 ASE 74.08 ASE 85.03 ASE AR 10 2007 1 19 09 113-124 |
allfieldsSound |
10.1007/s11067-007-9034-7 doi (DE-627)SPR01628593X (SPR)s11067-007-9034-7-e DE-627 ger DE-627 rakwb eng 004 ASE 74.03 bkl 74.08 bkl 85.03 bkl Lambertini, Luca verfasserin aut R&D for Quality Improvement and Network Externalities 2007 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier Abstract We investigate the bearings of network externalities on product quality improvements requiring costly R&D investments. The model considers the dynamic behaviour of a monopolist alternatively maximising profits or social welfare. On the one hand, we confirm much of the acquired wisdom from the static literature on the same topic, about the arising of quality undersupply at the private optimum. On the other, we show that the monopoly optimum requires specific viability conditions, while the social optimum is always viable. We also show that the presence of network externalities affects the optimal investment behaviour of the profit-seeking firm but not that of a benevolent planner, who serves all consumers from the outset. Monopoly (dpeaa)DE-He213 Network externality (dpeaa)DE-He213 Product quality (dpeaa)DE-He213 Orsini, Raimondello verfasserin aut Enthalten in Networks and spatial economics Dordrecht [u.a.] : Springer Science Business Media B.V., 2001 10(2007), 1 vom: 19. Sept., Seite 113-124 (DE-627)325570701 (DE-600)2037373-9 1572-9427 nnns volume:10 year:2007 number:1 day:19 month:09 pages:113-124 https://dx.doi.org/10.1007/s11067-007-9034-7 lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_SPRINGER SSG-OPC-GGO SSG-OPC-ASE GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_101 GBV_ILN_105 GBV_ILN_110 GBV_ILN_120 GBV_ILN_138 GBV_ILN_150 GBV_ILN_151 GBV_ILN_152 GBV_ILN_161 GBV_ILN_170 GBV_ILN_171 GBV_ILN_187 GBV_ILN_213 GBV_ILN_224 GBV_ILN_230 GBV_ILN_250 GBV_ILN_281 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_636 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2031 GBV_ILN_2034 GBV_ILN_2037 GBV_ILN_2038 GBV_ILN_2039 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2070 GBV_ILN_2086 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2107 GBV_ILN_2108 GBV_ILN_2110 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2116 GBV_ILN_2118 GBV_ILN_2119 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2144 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2188 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2446 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_2548 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4336 GBV_ILN_4338 GBV_ILN_4393 GBV_ILN_4700 74.03 ASE 74.08 ASE 85.03 ASE AR 10 2007 1 19 09 113-124 |
language |
English |
source |
Enthalten in Networks and spatial economics 10(2007), 1 vom: 19. Sept., Seite 113-124 volume:10 year:2007 number:1 day:19 month:09 pages:113-124 |
sourceStr |
Enthalten in Networks and spatial economics 10(2007), 1 vom: 19. Sept., Seite 113-124 volume:10 year:2007 number:1 day:19 month:09 pages:113-124 |
format_phy_str_mv |
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institution |
findex.gbv.de |
topic_facet |
Monopoly Network externality Product quality |
dewey-raw |
004 |
isfreeaccess_bool |
false |
container_title |
Networks and spatial economics |
authorswithroles_txt_mv |
Lambertini, Luca @@aut@@ Orsini, Raimondello @@aut@@ |
publishDateDaySort_date |
2007-09-19T00:00:00Z |
hierarchy_top_id |
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14 |
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Lambertini, Luca |
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Lambertini, Luca ddc 004 bkl 74.03 bkl 74.08 bkl 85.03 misc Monopoly misc Network externality misc Product quality R&D for Quality Improvement and Network Externalities |
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004 ASE 74.03 bkl 74.08 bkl 85.03 bkl R&D for Quality Improvement and Network Externalities Monopoly (dpeaa)DE-He213 Network externality (dpeaa)DE-He213 Product quality (dpeaa)DE-He213 |
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r&d for quality improvement and network externalities |
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R&D for Quality Improvement and Network Externalities |
abstract |
Abstract We investigate the bearings of network externalities on product quality improvements requiring costly R&D investments. The model considers the dynamic behaviour of a monopolist alternatively maximising profits or social welfare. On the one hand, we confirm much of the acquired wisdom from the static literature on the same topic, about the arising of quality undersupply at the private optimum. On the other, we show that the monopoly optimum requires specific viability conditions, while the social optimum is always viable. We also show that the presence of network externalities affects the optimal investment behaviour of the profit-seeking firm but not that of a benevolent planner, who serves all consumers from the outset. |
abstractGer |
Abstract We investigate the bearings of network externalities on product quality improvements requiring costly R&D investments. The model considers the dynamic behaviour of a monopolist alternatively maximising profits or social welfare. On the one hand, we confirm much of the acquired wisdom from the static literature on the same topic, about the arising of quality undersupply at the private optimum. On the other, we show that the monopoly optimum requires specific viability conditions, while the social optimum is always viable. We also show that the presence of network externalities affects the optimal investment behaviour of the profit-seeking firm but not that of a benevolent planner, who serves all consumers from the outset. |
abstract_unstemmed |
Abstract We investigate the bearings of network externalities on product quality improvements requiring costly R&D investments. The model considers the dynamic behaviour of a monopolist alternatively maximising profits or social welfare. On the one hand, we confirm much of the acquired wisdom from the static literature on the same topic, about the arising of quality undersupply at the private optimum. On the other, we show that the monopoly optimum requires specific viability conditions, while the social optimum is always viable. We also show that the presence of network externalities affects the optimal investment behaviour of the profit-seeking firm but not that of a benevolent planner, who serves all consumers from the outset. |
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R&D for Quality Improvement and Network Externalities |
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<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01000caa a22002652 4500</leader><controlfield tag="001">SPR01628593X</controlfield><controlfield tag="003">DE-627</controlfield><controlfield tag="005">20220111030703.0</controlfield><controlfield tag="007">cr uuu---uuuuu</controlfield><controlfield tag="008">201006s2007 xx |||||o 00| ||eng c</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1007/s11067-007-9034-7</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-627)SPR01628593X</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(SPR)s11067-007-9034-7-e</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-627</subfield><subfield code="b">ger</subfield><subfield code="c">DE-627</subfield><subfield code="e">rakwb</subfield></datafield><datafield tag="041" ind1=" " ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="082" ind1="0" ind2="4"><subfield code="a">004</subfield><subfield code="q">ASE</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">74.03</subfield><subfield code="2">bkl</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">74.08</subfield><subfield code="2">bkl</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">85.03</subfield><subfield code="2">bkl</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Lambertini, Luca</subfield><subfield code="e">verfasserin</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">R&D for Quality Improvement and Network Externalities</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="c">2007</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">Text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">Computermedien</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">Online-Ressource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Abstract We investigate the bearings of network externalities on product quality improvements requiring costly R&D investments. The model considers the dynamic behaviour of a monopolist alternatively maximising profits or social welfare. On the one hand, we confirm much of the acquired wisdom from the static literature on the same topic, about the arising of quality undersupply at the private optimum. On the other, we show that the monopoly optimum requires specific viability conditions, while the social optimum is always viable. We also show that the presence of network externalities affects the optimal investment behaviour of the profit-seeking firm but not that of a benevolent planner, who serves all consumers from the outset.</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Monopoly</subfield><subfield code="7">(dpeaa)DE-He213</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Network externality</subfield><subfield code="7">(dpeaa)DE-He213</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Product quality</subfield><subfield code="7">(dpeaa)DE-He213</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Orsini, Raimondello</subfield><subfield code="e">verfasserin</subfield><subfield code="4">aut</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Enthalten in</subfield><subfield code="t">Networks and spatial economics</subfield><subfield code="d">Dordrecht [u.a.] : Springer Science Business Media B.V., 2001</subfield><subfield code="g">10(2007), 1 vom: 19. Sept., Seite 113-124</subfield><subfield code="w">(DE-627)325570701</subfield><subfield code="w">(DE-600)2037373-9</subfield><subfield code="x">1572-9427</subfield><subfield code="7">nnns</subfield></datafield><datafield tag="773" ind1="1" ind2="8"><subfield code="g">volume:10</subfield><subfield code="g">year:2007</subfield><subfield code="g">number:1</subfield><subfield code="g">day:19</subfield><subfield code="g">month:09</subfield><subfield code="g">pages:113-124</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://dx.doi.org/10.1007/s11067-007-9034-7</subfield><subfield code="z">lizenzpflichtig</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_USEFLAG_A</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">SYSFLAG_A</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_SPRINGER</subfield></datafield><datafield tag="912" 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