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Market mechanism may or may not throw up compatibility in markets for systems where network effect arises due to complementarity of component parts of a system. We consider a game, where, in stage 1, the firms decide whether to standardise on a single technological platform or not and at the...
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We analyze duopoly Bertrand competition under network effects. We consider both incompatible and compatible products … compatibility. Finally, we show the robustness of our results when products are horizontally differentiated. -- Bertrand duopoly …
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Inkompatibilität monopolisiert. Aus der Wohlfahrtsanalyse folgt, daß - je nach der Bedeutung der Netzeffekte, dem Ausmaß der …
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