The Internet is growing in significance in B2C electronic commerce as people become more comfortable with the technology. Past analytical research on Internet commerce has mainly focused on its ability to lower consumers’ search costs. Few have looked at the implications of having the Internet as an additional channel of distribution on firms. In this paper, I adopt a game theoretic approach to...

In technology-based industries, many incumbent firms license their technology to other firms that will potentially compete with them. Such a strategy is difficult to explain within traditional models of licensing. This paper extends the literature on licensing by relaxing the widespread assumption of a ‘unique’ technology holder. We develop a model with many technological trajectories for the p...

in this paper, we introduce hybrid of block-pulse functions and bernstein polynomials and derive operational matrices of integration, dual, differentiation, product and delay of these hybrid functions by a general procedure that can be used for other polynomials or orthogonal functions. then, we utilize them to solvedelay differential equations and time-delay system. the method is based upon ex...

‎we investigate two constructions‎ - ‎the replacement and the zig-zag‎ ‎product of graphs‎ - ‎describing several fascinating connections‎ ‎with combinatorics‎, ‎via the notion of expander graph‎, ‎group‎ ‎theory‎, ‎via the notion of semidirect product and cayley graph‎, ‎and‎ ‎with markov chains‎, ‎via the lamplighter random walk‎. ‎many examples‎ ‎are provided‎.

introduction: embryonic stem (es) cells are pluripotent cells derived from inner cell mass of blastocyst. these cells can product any cell by spontaneous or directed differentiation. this study was started to produce neuron cells by directed differentiation of new murine es cell line in vitro. materials and methods: murine es cells (royan b1 derived from c57bl/6 strain) were used for in vitro n...

This note analyses the adoption and diffusion of innovations in a horizontally differentiated Cournot duopoly in which firms have to choose the dates for adopting a cost-reducing new technology like in Reinganum (1981a). We prove that product differentiation crucially matters in the diffusion pattern of the innovation and in the comparison between the adoption timing in the decentralized econom...