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Network externalities, competition, and compatibility

Michael L. Katz
- 01 Jan 1985 - 
- Vol. 75, Iss: 3, pp 424-440
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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.

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Small Firm Growth

TL;DR: In this paper, the authors review and discuss the literature on small firm growth with an intention to provide a useful vantage point for new research studies regarding this important phenomenon, and discuss conceptu...
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Dynamics of banking technology adoption: an application to internet banking

TL;DR: In this article, the authors examined the behavior of firms and consumers in the event of internet banking and found evidence that adoption of Internet banking is influenced by sex, age, marital status, degree of exposure to internet banking, and the characteristics of the banks.
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Environmental innovation and industrial dynamics: the contributions of evolutionary economics

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How history matters in organisations: The case of path dependence

TL;DR: In this article, the quest to consider the historical side of managerial and organisational action has become increasingly accepted, and an open question still is how this can be achieved systematically and systematically.
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The Paradox of Standard Flexibility: The Effects of Co-evolution between Standard and Interorganizational Network

TL;DR: It is shown how a standard’s flexibility can serve to attract new network members, facilitating growth and diversity of the network, which in turn has implications for further adaptations of the standard.
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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

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.
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Tax Analysis in an Oligopoly Model

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

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.