Showing 1 - 5 of 5
A number of products that display positive network effects are used in variable quantities by heterogeneous customers. Examples include corporate operating systems, infrastructure software, web services and networking equipment. In many of these contexts, the magnitude of network effects are...
Persistent link: https://www.econbiz.de/10005561494
compatibility. Different compatibility strategies will lead to different network externality, and thus result in different profit … for the producer of the proprietary software. We found that the proprietary producer¡¯s choice of compatibility strategy … depends on the market coverage conditions. When the market is fully covered, one-way compatibility is the best strategy for …
Persistent link: https://www.econbiz.de/10005134411
compatibility. Different compatibility strategies will lead to different network externality, and thus result in different profit … for the producer of the proprietary software. We found that the proprietary producer¡¯s choice of compatibility strategy … depends on the market coverage conditions. When the market is fully covered, one-way compatibility is the best strategy for …
Persistent link: https://www.econbiz.de/10005561486
This paper characterizes the properties of equilibrium location patterns in an Anderson-Neven-Pal model and uses these characteristics to comprehensively find the subgame perfect Nash equilibria, most of which are not yet found in the literature. Since the external competition effect may be...
Persistent link: https://www.econbiz.de/10005134538
The paper examines the effects of the degree of competition on the firms' decision to innovate in differentiated markets. We find that a low (high) degree of product differentiation (competition) weakly supports the introduction of new products. Firms' weakly favour a process innovation if the...
Persistent link: https://www.econbiz.de/10005561419