predicated on consumer rights and fair competition to address market failures such as market power, information asymmetry and … competition and contract law. This is based on enforcing fairness by requiring (i) the implementation of proportionality …

We investigate private and social incentives for standardization to ensure market-wide system compatibility in a two …-dimensional spatial competition model. We develop a new methodology to analyze competition on a torus and show that there is a fundamental … conflict of interest between consumers and producers over the standardization decision. Consumers prefer standardization with …

We analyze duopoly Bertrand competition under network effects. We consider both incompatible and compatible products …

We analyze market dynamics under Bertrand duopoly competition in industries with network effects and consumer switching … compatible and to create additional switching costs. -- Network effects ; switching costs ; Bertrand competition ; market …

competition does not necessarily hold. Segmentation equilibrium in which higher seller types choose the more expensive …