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Network externalities, competition, and compatibility
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This article is published in The American Economic Review.The article was published on 1985-01-01 and is currently open access. It has received 6100 citations till now. The article focuses on the topics: Network economics.read more
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Book ChapterDOI
Standards and Public Policy: The economic realities of open standards: black, white, and many shades of gray
TL;DR: In this paper, West analyzes various economic and technological forces that make standards more or less open and how these economic forces are affected by the policy choices available to firms, standards setting organizations, and regulators.
The stimulation of the diffusion and adoption of information technology in small and medium-sized enterprises through IT scenarios
J. H. M. Stroeken,W. H. C. Knol +1 more
Journal ArticleDOI
An Economic Psychological Approach to Herd Behavior
TL;DR: In this article, an economic psychological approach to herding behavior is presented, which is based on the concept of an economic model of herd behavior, with the goal of finding the root cause of herding behaviors.
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Regulatory reform in Britain
John Kay,John Vickers +1 more
TL;DR: In this paper, the authors examine the root causes of market failure that call for regulation and the pros and cons of various regulatory responses and draw general conclusions about the desirability of regulatory solutions that make full use of market forces.
Journal ArticleDOI
Universal service in telephone history
TL;DR: The universality of telephone service is generally believed to be an achievement of regulated monopoly and rate subsidies as discussed by the authors, and it was the refusal of Bell and the independents to interconnect with each other, a phenomenon which is generally ignored or condemned in the historical and economic literature, which propelled both systems into a race to achieve universality, leading to rapid increases in penetration and geographic scope.
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Monopoly, quality, and regulation
TL;DR: In this paper, the authors argue that under regimes of monopoly and monopolistic competition, product characteristics (which are often endogenous variables) are not usually optimally set under the pressure of market forces, and that regulation is also beset with difficulties when price and quality are decision variables.
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Critical Mass and Tariff Structure in Electronic Communications Markets
Shmuel S. Oren,Stephen A. Smith +1 more
TL;DR: In this article, the authors developed an economic model that determines both the required critical mass size for startup and the ultimate expansion level of such a system and evaluated the effects of different pricing structures for the service under the assumption that users maximize benefits minus cost and a monopoly supplier maximizes profit.
Posted Content
Tax Analysis in an Oligopoly Model
Michael L. Katz,Harvey S. Rosen +1 more
TL;DR: In this article, the authors use the conjectural variations model of oligopoly to analyze the way in which the incidence of a tax depends upon the pattern of firm interaction and show that the errors that arise in excess burden calculations when incorrect assumptions on market structure are made.
Journal ArticleDOI
Tax Analysis in an Oligopoly Model
Michael L. Katz,Harvey S. Rosen +1 more
TL;DR: In this paper, the authors use the conjectural variations model of oligopoly to analyze the way in which the incidence of a tax depends on the pattern of firm interaction and show that the errors that can arise in excess burden calculations when incorrect assumptions on market structure are made.