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The existing literature suggests that an incumbent monopolist supplier of a system component can successfully deter entry by increasing its installed base, which plays a role similar to that of the commitment value of investment in capacity. In this paper, we consider a systems market with...
Persistent link: https://www.econbiz.de/10010817121
compatibility of different brands of electronic money can be enabled by firms' joint adoption of standard terminals. In this paper …, we analyse the effect of achieving compatibility among different brands of electronic money. We show that, if the unit …
Persistent link: https://www.econbiz.de/10005475759
is to provide two-way converters with partial compatibility for the users of the competing network at a later …
Persistent link: https://www.econbiz.de/10005484616
externalities and the compatibility between open source and proprietary software can change the impact of open source software on …
Persistent link: https://www.econbiz.de/10011939230
externalities and the compatibility between open source and proprietary software can change the impact of open source software on …
Persistent link: https://www.econbiz.de/10011914640
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In this paper we empirically estimate the contribution of the communications infrastructure to the growth of output and productivity at the dis-aggregate industry and at the aggregate economy levels. The estimated value of the marginal benefits or the shadow price of the communications...
Persistent link: https://www.econbiz.de/10009200537
The aim of this paper is to lay the foundations of 3 social influence based approach for the diffusion of an innovation or a technological standard. A model built on the principles of a neural network is proposed and a learning procedure is set up, making the network formation endogenous, the...
Persistent link: https://www.econbiz.de/10009200547