16 research outputs found

    From microscopic to macroscopic perspectives and back: the study of leadership and health/well-being

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    This is the author accepted manuscript. The final version is available from the American Psychological Association via the DOI in this recordThis special issue introduces a set of papers that contribute to research on leadership and health/well-being from multiple perspectives. To situate these papers in current research debates, this introduction to the special issue provides an overview of research on leadership and health/well-being by using a microscope-macroscope perspective as an organizing framework. The microscope-macroscope organizing framework highlights that a comprehensive understanding of leadership and well-being requires researchers to include multiple perspectives, including those of leaders and followers, embedded in their context and time. It encourages researchers to transcend more narrow input-process-output perspectives that are typically adopted when studying leadership, health and well-being

    Bundling and downstream entry

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    We investigate the incentives of an upstream producer to enter the downstream market where the alternative is to sell via a downstream platform who offers all products as a bundle. When consumers can multihome, following entry the producer faces increased downstream competition but benefits from greater price setting flexibility. We show that entry becomes relatively more profitable if the products are closer substitutes or the correlation between product valuations is weaker. Our results have important implications on recent developments in industries such as video and music streaming

    Welfare Improving Product Bans

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    Abstract We formulate a model of vertical differentiation to evaluate the welfare effects of removing a low quality product from the market. The mechanism through which a welfare improvement might arise is simple: Once the low quality low cost alternative is banned, entry into the high quality segment becomes more likely. This in turn may lead to a significant reduction in the price of the high quality product. We find that such a ban might improve aggregate welfare when consumers value the higher quality more, the marginal cost of producing high quality is lower, the price of low quality is higher, and the price sensitivity for high quality is not too high. JEL classification: L1, L11, L50, D4

    Weak Subdifferential in Nonsmooth Analysis and Optimization

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    Some properties of the weak subdifferential are considered in this paper. By using the definition and properties of the weak subdifferential which are described in the papers (Azimov and Gasimov, 1999; Kasimbeyli and Mammadov, 2009; Kasimbeyli and Inceoglu, 2010), the author proves some theorems connecting weak subdifferential in nonsmooth and nonconvex analysis. It is also obtained necessary optimality condition by using the weak subdifferential in this paper

    Licensing with Free Entry

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    The literature on the licensing of an innovation has mainly focused on some speci c contract types. We show within the framework of a fairly general model that removing these contractual limitations will lead to extreme market outcomes. Speci cally, we nd that when the patentee can employ observable contracts that can condition on market entry, it can achieve the monopoly outcome. Furthermore, when the patentee can only use unconditional quantity forcing contracts, it captures the entire market, albeit not at monopoly price, via a single licensee. Our results point out to the signi cance, and perhaps the particularity, of observable, nonrenegotiable contracts

    Upstream Competition with Complex and Unobservable Contracts

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    This paper examines situations where two vertically integrated firms consider supplying an input to an independent downstream competitor via privately observed contracts. We identify equilibria where competition in the upstream market emerges—the downstream competitor gets supplied—as well as when the downstream firm does not receive the input and is excluded from the market. The likelihood of the outcome in which the downstream firm does not get supplied depends not only on demand parameters, but also on contractual flexibility and observability. We show that when contracts are unobservable, downstream entry will occur less often. Furthermore, our results suggest that permitting contracts that enable the contracting parties to coordinate their behavior in the downstream market may improve welfare by increasing the likelihood that the downstream firm is supplied

    Licensing with free entry

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    We introduce a fairly general licensing model with an endogenous industry structure - in terms of number of active firms - and general licensing contracts. We show that when the patentee can employ contracts that can condition on market entry or price, it can implement an outcome that yields monopoly profits by awarding the license to a single firm. Furthermore, when the patentee can only use contracts based on the quantities of the licensees, it still captures the entire market via a single licensee, albeit not at the monopoly price. Commonly assumed two-part tariff contracts cannot duplicate this last outcome and yield lower profits. We discuss the welfare implications of various contractual schemes

    Diffusion of a new product under network effects: the US DVD market

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    We formulate a model that captures the inter-dependence between hardware demand and software supply - indirect network effect - in the DVD industry. The identification of the network effect comes from the difference in software availability across two different formats: VHS and DVD. We find that a 1% increase in the number of DVD titles raises the demand for DVD players by 0.87%. Simultaneously, a 1% increase in video player ownership leads to a 0.14% increase in the variety of video titles. Our simulations show that hardware manufacturers might be able to internalize the network externality to increase total industry revenues.

    Use of Metaverse in Education

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    22nd International Conference on Computational Science and Its Applications , ICCSA 2022 -- 4 July 2022 through 7 July 2022 -- -- 281299With the introduction of Metaverse, its use is increasing day by day. In this study, the factors affecting the historical development of Metaverse, the Metaverse architecture and the use of Metaverse in the field of education are discussed. The strengths and weaknesses of the use of Metaverse in the field of education are emphasized; the opportunities it will offer and the problems and threats that may be encountered are examined. Since Metaverse is a new concept, a resource for the use of Metaverse in the field of education has been tried to put forward by using the limited number of sources currently available in the literature. In this study, it is emphasized that the Metaverse environment can add a new dimension to the field of educational technologies. However, it should be taken into account that the necessary technologies and architectures in this field are not mature enough yet. Therefore, it is considered a necessity to determine appropriate strategies for the use of Metaverse in the educational field and to start determining its widespread effect until the infrastructure of Metaverse matures. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG
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