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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
Citations
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Dental informatics: A cornerstone of dental practice
Titus Schleyer,Heiko Spallek +1 more
TL;DR: Dental informatics presents possible solutions to many long-standing problems in dentistry, but it also faces significant obstacles and challenges.
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Choosing the Rules for Consensus Standardization
TL;DR: The authors investigate the trade-off between screening and delay when consensus standardization selects for socially valuable but privately observed quality, and find that immediate random choice may outperform the war of attrition, or vice versa.
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Multigeneration innovation diffusion: The impact of intergeneration time
Jae H. Pae,Donald R. Lehmann +1 more
TL;DR: This paper analyzed 45 new technologies in 15 industries and found that the adoption curves systematically vary across generations from 2 years for dynamic random access memory (DRAM) chips to more than 30 years for steelmaking.
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Local network externalities and market segmentation
A. Banerji,Bhaskar Dutta +1 more
TL;DR: In this article, the authors model interaction between groups of agents by means of a graph where each node represents a group of agents and an arc represents bilateral interaction, and show that even if rival firms engage in Bertrand competition, this form of network externalities permits strong market segmentation in which firms divide up the market and earn positive profits.
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Amazon's evolving ecosystem: A cyber-bookstore and Application Service Provider
TL;DR: In this article, the authors apply the concept of "business ecosystem" to describe the evolution of Amazon.com, and highlight the role of web services in the shaping of its ecosystem.
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.