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We analyze oligopolistic competition in a multi-period dynamic setting for goods with network effects. Two or more infinitely-lived firms produce incompatible products differentiated in their inherent quality. Consumers live for a single period and receive the network effect of the previous...
Persistent link: https://www.econbiz.de/10011130649
We discuss the formation of technical standards platforms in industries with network externalities where firms are free to choose their degree of technical compatibility with competitors. In our model, firms choose affiliation to a technical standards coalition in the first stage of a game, and...
Persistent link: https://www.econbiz.de/10005135071
Persistent link: https://www.econbiz.de/10005106238
Persistent link: https://www.econbiz.de/10001777589
We discuss the formation of technical standards platforms in industries with network externalities where firms are free to choose their degree of technical compatibility with competitors. In our model, firms choose affiliation to a technical standards coalition in the first stage of a game, and...
Persistent link: https://www.econbiz.de/10014031205