In this paper we examine the dyamic resolution of technological adoption in "hardware/software" systems. We are interested in determining to what extent software availability affects hardware sales and/or vice-versa. We first develop a dynamic model for estimating demand when costs (and license...

In this paper we examine the development of the micro-computer market in the early 1980's. CP/M, a widely adopted operating system, was orphaned by the user and development communities. A new operating system, DOS, and a new hardware platform, the IBM PC, became the prediminant industry...

N/A