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Persistent link: https://www.econbiz.de/10014582977
Voluntary standard-setting organizations (SSOs) are a common feature of systems industries, where firms supply interoperable components for a shared technology platform. These institutions promote coordinated innovation by providing a forum for collective decision making and a potential solution...
Persistent link: https://www.econbiz.de/10009214758
The European Central Bank (ECB) will offer to banks in 2013 an european shared platform for securities settlement, named TARGET 2 Securities (T2S), in order to open the national financial markets. The financial crisis did not change the ECB agenda. This paper develops a spatial competition model...
Persistent link: https://www.econbiz.de/10009367169
The European Central Bank (ECB) will offer to banks in 2013 an european shared platform for securities settlement, named TARGET 2 Securities (T2S), in order to open the national financial markets. The financial crisis did not change the ECB agenda. This paper develops a spatial competition model...
Persistent link: https://www.econbiz.de/10009369654
Persistent link: https://www.econbiz.de/10010843292
. There are two firms, an incumbent and a potential entrant. Compatibility means in our model that the inherent qualities of … maximal quality difference that allows compatibility i.e the compatibility interval is chosen by the incumbent which involves … sufficient condition on the market size of a standard vertical differentiation model remains valid under compatibility. However …
Persistent link: https://www.econbiz.de/10010750758
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competencies, demand synergies, systems competition, compatibility, bundling, network effects, switching costs, durable goods, long …
Persistent link: https://www.econbiz.de/10009204429
The penetration rate US network technologies is not only determined by the indigenous qualities of these technologies, but also by the adoption behaviour of other actors using the same network technology. This paper provides empirical evidence for the importance of network externalities and...
Persistent link: https://www.econbiz.de/10009205324