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incompatibility (compatibility) than under compatibility (incompatibility); (ii) firms are more likely to open substitute, rather than …
Persistent link: https://www.econbiz.de/10009197424
This paper studies the ambiguous welfare effects of compatibility in a platform market with endogenous content … provision. Compatibility can be particularly harmful if it leads to reduced content but can be beneficial if content is …
Persistent link: https://www.econbiz.de/10010930733
We investigate private and social incentives for standardization to ensure market-wide system compatibility in a two … full compatibility because it offers more variety that confers a better match with their ideal specifications. However …, firms are likely to choose the minimal compatibility to maximize product differentiation and soften competition. This is in …
Persistent link: https://www.econbiz.de/10010948871
compatibility under system product Cournot competition with network externalities. They show that a firm’s optimal strategy is to … set an incompatible system standard, even though perfect compatibility is socially optimal. In this case, a social dilemma …
Persistent link: https://www.econbiz.de/10010988943
factors of task complexity --- the number of mental steps required to reach the normative solution, and the compatibility …
Persistent link: https://www.econbiz.de/10010777687
The presence of multiple sellers in the provision of (non-substitutable) complementary goods leads to outcomes that are worse than those generated by an integrated monopoly, a problem also known as the «tragedy of the anticommons». In this paper we identify some conditions under which the...
Persistent link: https://www.econbiz.de/10010786928
, and to balance interests. The paper thus suggests (1) a plea for compatibility - instead of commonality - with regard to … uniformity, but the compatibility of views, and in particular, practices. It concerns the coordination and combination of the …
Persistent link: https://www.econbiz.de/10011325045
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
between consumer and social preferences for compatibility. …
Persistent link: https://www.econbiz.de/10010303797
significantly influence ERP system adoption intention. Compatibility, relative advantage, complexity, top management support …
Persistent link: https://www.econbiz.de/10012044526