M
Michael L. Katz
Researcher at University of California, Berkeley
Publications - 117
Citations - 19898
Michael L. Katz is an academic researcher from University of California, Berkeley. The author has contributed to research in topics: Competition (economics) & Monopoly. The author has an hindex of 39, co-authored 116 publications receiving 19210 citations. Previous affiliations of Michael L. Katz include Princeton University & New York University.
Papers
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Journal ArticleDOI
Technology Adoption in the Presence of Network Externalities
Michael L. Katz,Carl Shapiro +1 more
TL;DR: In this article, the authors analyze the adoption pattern of technologies in industries where network externalities are significant and find that the pattern of adoption depends on whether technologies are sponsored by an entity that has property rights to the technology and is willing to make investments to promote it.
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Systems Competition and Network Effects
Michael L. Katz,Carl Shapiro +1 more
TL;DR: In this article, the authors discuss the dynamics of consumer adoption decisions in the presence of network effects, competition between incompatible systems, and how suppliers choose which components are compatible and which are not.
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An analysis of cooperative research and development
TL;DR: In this paper, the authors analyze the effects of cooperative research, whereby member firms agree to share the costs and fruits of a research project before they undertake it, and show that a royalty-free cross-licensing agreement among any number off firms lowers the equilibrium level of innovation even though it increases the efficiency of R&D through sharing.
Journal ArticleDOI
Product Introduction with Network Externalities.
Michael L. Katz,Carl Shapiro +1 more
TL;DR: In this article, the introduction of a new product in a market with network externalities is studied and the authors provide conditions under which equilibrium involves insufficient friction, i.e., a tendency to rush into new, incompatible technologies.