incumbent seller also controls subsequent interoperability across versions. We argue that control of compatibility and … monopoly, the seller also controls compatibility across versions. In the case of an entrant who offers an upgrade, the … interoperability does not allow an incumbent seller to charge a price premium relative to when such control is absent and, consequently …

incumbent seller also controls subsequent interoperability across versions. We argue that control of compatibility and … monopoly, the seller also controls compatibility across versions. In the case of an entrant who offers an upgrade, the … interoperability does not allow an incumbent seller to charge a price premium relative to when such control is absent and, consequently …

, including the impactof network externality, upgrade compatibility, and commitment on pricingin a dynamic environment. We show …

. Because policymakers have often made systems ''compatibility'' between market areas a pre-requisite to allowing cross …

chosen to enhance consumer acceptance of PHEVs and/or compatibility with the grid. Potential benefits of such grid …

these goals will require rapid development and deployment of information compatibility methods through technical and … inaccuracy of existing geodata, and areas where federal policy could lead the way to greater compatibility. …

compatibility under system product Cournot competition with network externalities. They show that a firm’s optimal strategy is to … set an incompatible system standard, even though perfect compatibility is socially optimal. In this case, a social dilemma …

We investigate private and social incentives for standardization to ensure market-wide system compatibility in a two … full compatibility because it offers more variety that confers a better match with their ideal specifications. However …, firms are likely to choose the minimal compatibility to maximize product differentiation and soften competition. This is in …

This paper studies the ambiguous welfare effects of compatibility in a platform market with endogenous content … provision. Compatibility can be particularly harmful if it leads to reduced content but can be beneficial if content is …

Abstract: We determine the incentives for compatibility provision of firms that produce network goods with different … intrinsic qualities. We consider the case in which both firms have the power to veto compatibility and the case in which none … pricing and consumer decisions. We show that in some equilibria, it is the high quality firm that invests in compatibility …