%0 Journal Article %1 Maurer:2000p597 %A Maurer, Sebastian M. %A Huberman, Bernardo A %D 2000 %K imported %T Competitive Dynamics of Web Sites %U http://www.hpl.hp.com/research/idl/abstracts/ECommerce/winner.pdf %X We present a dynamical model of web site growth in order to explore the effects of competition among web sites and to determine how they affect the nature of markets. We show that under general conditions, as the competition between sites increases, the model exhibits a sudden transition from a regime in which many sites thrive simultaneously, to a ``winner take all market'' in which many sites go nearly extinct. This prediction is in agreement with recent measurements on the nature of electronic markets.

@article{Maurer:2000p597, abstract = {We present a dynamical model of web site growth in order to explore the effects of competition among web sites and to determine how they affect the nature of markets. We show that under general conditions, as the competition between sites increases, the model exhibits a sudden transition from a regime in which many sites thrive simultaneously, to a ``winner take all market'' in which many sites go nearly extinct. This prediction is in agreement with recent measurements on the nature of electronic markets.}, added-at = {2008-03-13T16:33:57.000+0100}, affiliation = {Xerox Palo Alto Research Center}, author = {Maurer, Sebastian M. and Huberman, Bernardo A}, biburl = {https://www.bibsonomy.org/bibtex/2c5c910f4d2466eaef7aa0c15c344e6a8/bertil.hatt}, date-added = {2007-06-25 04:36:09 +0200}, date-modified = {2008-03-13 14:37:58 +0100}, description = {March 2008}, interhash = {f38683d722c3b475865610a54f2f8d37}, intrahash = {c5c910f4d2466eaef7aa0c15c344e6a8}, keywords = {imported}, rating = {0}, read = {Yes}, timestamp = {2008-03-13T16:35:40.000+0100}, title = {Competitive Dynamics of Web Sites}, uri = {papers://C3B117CD-23C4-4854-9426-AC96AFB113DA/Paper/p597}, url = {http://www.hpl.hp.com/research/idl/abstracts/ECommerce/winner.pdf}, year = 2000 }