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fuel by following Hotelling’s pricing rule. This encourages the entrant to invest in compatibility. The entrant with the …
Persistent link: https://www.econbiz.de/10014609226
profit then compatibility is the dominant strategy. Which of these situations attains is likely to change over the product … life cycle. We add to the literature by showing the equilibrium structure of compatibility in a two-sided market.  …
Persistent link: https://www.econbiz.de/10014618844
quality provider. We also analyse the incentives for compatibility under quality uncertainty, and find that when quality … uncertainty is sufficiently high, compatibility may be used as a means of softening price competition.  …
Persistent link: https://www.econbiz.de/10014618931
This paper considers the effect of compatibility decisions on consumers and welfare in a setting where the platforms … platforms. The paper shows that imposing a higher degree of application compatibility, when applications are close substitutes …, may lower social welfare. Application compatibility is compared with platform compatibility and the results indicate that …
Persistent link: https://www.econbiz.de/10014619189
, including the impactof network externality, upgrade compatibility, and commitment on pricingin a dynamic environment. We show …
Persistent link: https://www.econbiz.de/10009435103
. Because policymakers have often made systems ''compatibility'' between market areas a pre-requisite to allowing cross …
Persistent link: https://www.econbiz.de/10009436650
chosen to enhance consumer acceptance of PHEVs and/or compatibility with the grid. Potential benefits of such grid …
Persistent link: https://www.econbiz.de/10009436839
these goals will require rapid development and deployment of information compatibility methods through technical and … inaccuracy of existing geodata, and areas where federal policy could lead the way to greater compatibility. …
Persistent link: https://www.econbiz.de/10009437317
This paper considers the incentives of firms to conform to an exogenous international product standard. Product standardization enables traditional, price-based international competition. But the existence of redesign costs or network effects creates market frictions that diminish the incentive...
Persistent link: https://www.econbiz.de/10009444423
Software is a good with very special economic characteristics. Taking a general definition of software as its starting-point, this article systematically elaborates the central qualities of the commodity which have implications for its production and cost structure, the demand, the...
Persistent link: https://www.econbiz.de/10010273764