Traditional models of consumer choice assume consumers are aware of all products for sale. This assumption is questionable, especially when applied to markets characterized by a high degree of change, such as the personal computer (PC) industry. I present an empirical discrete-choice model of...

56K modems were introduced under two competing incompatible standards. We show the importance of competition between Internet Service Providers in the adoption process. We show that ISPs were less likely to adopt the technology that more competitors adopted. This result is particularly striking...

Firms selling multiple quality-differentiated products frequently alter theirproduct lines when a competitor enters the market. We present a model of multiproductmonopoly and duopoly using a general “upgrades” approach that yields a powerfulanalytical framework. We provide a simple...

We consider duopolists innovating and producing a good subject to network externalities, so that the reservation price of a consumer increases with aggregate consumption. The post-innovation network consists of two compatible sub-networks, with increased network valuation of the new product....

56K modems were introduced under two competing incompatible standards. We show the importance of competition between Internet Service Providers in the adoption process. We show that ISPs were less likely to adopt the technology that more competitors adopted. This result is particularly striking...

Warnings to the broad population in an emergency situation, irrespective of location and condition, is a public policy responsibility. Public wireless networks offer now the opportunity to deliver emergency warnings in this way with explanations, because in many countries the mobile penetration...

RFID Technology being a real time tracking system is the new era of automation. It has been used in several industries for different applications. However, the cost of implementing RFID system is too high, and achieving the ROI becomes difficult, because of the cost involved. Regardless of the...

RFID technology is a real time tracking system, which does not require line of sight. The technology is trending in the organizations, due to various benefits that it can reap. Every organization wants to increase its efficiency, i.e., get more output with same or less input. The implementation...

The paper addresses disruptive changes that globalization imposes on the geography of innovation systems, and identifies potential benefits that developing countries could reap from international linkages. The analysis is centered on three propositions. First, developing countries need to blend...

The extant economic and marketing literature on product line design mainly addresses firm's product decisions in conventional markets. However, many products demonstrate salient network externalities in their consumption, such as computers, software, telephone, telefax, and Internet routers. To...