Seeing that a chapter of a period that once filled a limited number of individuals curious about computers, different operating systems, and technological developments with great joy and hope is coming to a close, I realized that the time had come to publish an article I had penned in the past; but continuously postponed its publication due to an excessive sense of meticulousness or perfectionism...
“Non-Solicitation Agreements” Giving Hard Time to Tech Giants…
1. The US Department of Justice’s Antitrust Division Filed Lawsuit Against Apple, Adobe, Google, Intel, Intuit, and Pixar As a result of its investigation launched in June 2009, the Antitrust Division of the US Department of Justice filed a complaint to the Washington D.C. court on September 24, 2010. The complaint alleges that starting from May 2005, executives from Apple, Adobe, Google...
Watts & Strogatz: Small World Model
A “small world” is described as a network in which closely intra-connected groups are connected with each other through inter-group shortcuts. In Collective Dynamics of Small-World Networks Watts and Strogatz introduce a small-world model with short average path length and high clustering coefficient. The W&S Model is built by rewiring a regular lattice to create long-range edges or shortcuts...
Crime & Punishment Model on Interaction, Learning, Transition and Policy Making
The Crime & Punishment Model shares some characteristics of Schelling’s Segregation Model and J.M. Dalle’s Model in terms of local interactions and heterogeneity but also has different characteristics, such as learning/ individual memory, two-way interaction, individuality, and transition of agents. The aim of the model is to show the different outcomes of the different policies in a given...
Brian Arthur Model on Competing Technologies
Brian Arthur generalized his model to study economic processes like standardization, network effects, and so-called ‘increasing returns.’ The model assumes that the choices made by previous adopters from among competing technologies will matter for individual consumers. This model can explain why QWERTY became the standard keyboard in some geographies, although it may not be the most efficient or...
Scale-free Networks and Barabási – Albert Model
Scale-free networks show specific properties that are very distinct from real networks. We often see a significant number of nodes in a network with many links and many nodes with minimal links connected to them. A very good example is Google, which is connected to literally all sites worldwide, and most of these sites have a significantly smaller number of nodes. Another example could be airline...
Industrial Strategy Cycle & Matrix Approach
A well-designed industrial policy is actually one of the most important tools for a country’s development. However, since every country’s production resources, capabilities, and priorities differ from raw materials to human resources, it is not possible to talk about a one-size-fits-all industrial policy. On the other hand, it is now understood that industrial policies are not solely...
The Games Playing with Us!
A single sentence in the preface of Wood & Smith’s book (2004) reverberated in my mind and prompted this paper’s inception: “When someone says, ‘I am going online’, where are they going?“ That marked the commencement of my journey, far removed from the familiar theories of economics, law, and business management that I’d encountered as a student. I...
Heterogeneity vs. Externalities in Technological Competition
Jean-Michelle Dalle Model [1] shows the interactions among a finite number of agents on a toric network. Therefore, each agent interacts with its neighbors on the north, east, south, and west; and since it is a toric network, the agent on the top north interacts with the agent on the south-west corner of the agent as its north neighbor, top-east agent as its west neighbor and so on… In other...