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The aim of this paper is to isolate and measure the respective importance of political and economic aspects in two critical episodes of the French inter-war period: the stabilization process of the mid-1920s and the reluctance to abandon the gold standard during the 1930s. We do this by...
Persistent link: https://www.econbiz.de/10005662302
Many high technology goods are based on standards that require access to several patents that are owned by different IP …
Persistent link: https://www.econbiz.de/10005666527
Professional standards vary across professions and also change over time. One profession which has remained … standards may nonetheless decline. This mechanism is captured in an oligopoly model, where the failure rate and the quality are …
Persistent link: https://www.econbiz.de/10005666828
We analyse the compatibility decisions of two national firms producing horizontally differentiated variants of a good that exhibits network effects for the world market. One of the firms is able to endogenously establish an installed base in its domestic market. The firm's effort in that respect...
Persistent link: https://www.econbiz.de/10005791513
To stay on top of global competition, firms and governments often need to acquire innovative goods and services, including ideas and research, from their strategic suppliers. A careful design of procurement policy is crucial to make potential suppliers generate and sell the most suitable...
Persistent link: https://www.econbiz.de/10005791875
Traditional analyses of standards in international trade identify standards as government regulations and investigate … the determination of technical standards. The composition of these groups is affected by technology and market conditions … harmonization ‘from the bottom’. If standards are public goods whose ideal value differs across economic activities and across …
Persistent link: https://www.econbiz.de/10005498057
(which are naturally subject to more regulations and standards), so the discrimination may have an 'escalating' feature, much …
Persistent link: https://www.econbiz.de/10005504235
In this Paper, we empirically test for network effects and preannouncement effects in the DVD market. We do this by measuring the effect of potential (incompatible) competition on a network undergoing growth. We find that there are network effects. The data is generally consistent with the...
Persistent link: https://www.econbiz.de/10005504276
Because standards and regulations respond to a society's demand for specific public goods, we expect them to be shaped … standards should be equal in different societies. This paper studies the interaction between standards and international trade …. It shows that although standards can be used to manipulate trade flows, there is no logical connection between standards …
Persistent link: https://www.econbiz.de/10005504612
We generalize the War of Attrition model to allow for N+K firms competing for N prizes. Two special cases are of particular interest. First, if firms continue to pay their full costs after dropping out (as in a standard-setting context), each firm’s exit time is independent both of K and of...
Persistent link: https://www.econbiz.de/10005656154