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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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Why do Internet commerce firms incorporate logistics service providers in their distribution channels?: The role of transaction costs and network strength
TL;DR: In this article, the authors apply transaction cost theory to reveal that low levels of asset specificity and uncertainty drive Internet commerce firms to establish these relationships, and they apply strategic network theory to show that internet commerce firms seek these providers because they offer access to relationship networks that bundle many complementary logistics services.
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A framework for Internet of Things-enabled smart government: A case of IoT cybersecurity policies and use cases in U.S. federal government
TL;DR: A framework for IoT-enabled smart government performance is developed and applied to conduct case study analyses of digital technology policy, IoT cybersecurity policy, and IoT use in major application domains at the U.S. federal government level.
Posted Content
Heterogeneity and the Dynamics of Technology Adoption
TL;DR: In this paper, the role of heterogeneity and forward-looking expectations in the diffusion of network technologies using a detailed dataset on the adoption of a new videoconferencing technology within a firm, is analyzed.
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Do Consumers Search for the Highest Price? Oligopoly Equilibrium and Monopoly Optimum in Differentiated-Products Markets
Norbert Schulz,Konrad Stahl +1 more
TL;DR: In this paper, the authors develop a model of search among substitutes for the best combination of commodity variant and price, in which the structure of search costs is manipulable by the suppliers of these variants, e.g., by joining an existing market or opening a new one.
References
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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.