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Extensive research has been conducted on the economics of standards in the last three decades. To date, standard-setting studies emphasize a superior role of demand-side-driven technology diffusion; these contributions assume the evolution of a user-driven momentum and network externalities. We...
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cooperation and competition. More precisely, I explain how there can be a dual relationship between value creation and value …
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We analyze Bertrand duopoly competition in markets with network effects and consumer switching costs. Depending on the …, and cost asymmetries. Finally, in a dynamic extension of our model, we show how competition depends on agents' discount … factors. -- Network Effects ; Switching Costs ; Bertrand Competition …
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