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We study the strategic choice of compatibility between two initially incompatible software packages in a two-stage game by an incumbent and an entrant firm. Consumers enjoy network externality in consumption and maximise expected surplus over the two periods. Compatibility may be achieved by...
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<em> Indicatori sintetici ed aree geografiche sub-nazionali: un'applicazione all'economia italiana </em> (by Antonio Corvino, Ernesto Somma) - ABSTRACT: Objectives The use of synthetic indicators for the reading and interpretation of phenomena of economic character has assumed during the time an...
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We study the strategic choice of compatibility between two initially incompatible network goods in a two-stage game played by an incumbent and an entrant firm. Compatibility may be achieved by means of a converter. We derive a number of results under different assumptions about the nature of the...
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