zu einer Monopolisierung bzw. Standardisierung dieser Märkte. Demgegenüber stehen jüngste empirische Studien, die eine …

The majority of industrial organizations literature on network externalities looks at firm behavior under given market … characteristics. The present paper instead asks the question whether the presence of network externalities can change market … network operators and thereby gain a dominant position when network externalities are significant. The paper comes to the …

Under network effects, we analyze when a firm with the largest market share of installed-base customers prefers … incompatibility with smaller rivals that are themselves compatible. With incompatibility, consumers realize that intra-network … competition makes the rivals' network more aggressive than a single-firm network in adding customers. Consequently, under …