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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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Android and the demise of operating system-based power

TL;DR: Analysis suggests the operating system has ceased to be a control point or "bottleneck" in the mobile industry and firms are relying on cloud-based services to lock-in users and capture value.
Journal ArticleDOI

Forecasting telecommunication service subscribers in substitutive and competitive environments

TL;DR: Choi et al. as mentioned in this paper applied a choice-based substitutive diffusion model to the Korean mobile telecommunication service market where digital service has completely replaced analog service and formulated and applied to the case where two digital services compete.
Journal ArticleDOI

Understanding the Determinants of Consumers' Switching Intentions in a Standards War

TL;DR: Findings show that the pull factor of relative advantage and the push factors of low satisfaction and disconfirmation positively influence a consumer's intention to switch technology products and the mooring factors of inertia, switching cost, and network effect negatively influence switching intentions.
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Network Externalities and Long-Run Market Shares

TL;DR: In this article, the authors study a dynamic duopoly model with differentiated products and network externalities and compare the market outcome to a planner's problem and identify cases where the planner would choose one product as the standard but the market is unsuccessful in doing so.

Evolutionary agent-based economics

TL;DR: A submitted manuscript is the author's version of the article upon submission and before peer-review as mentioned in this paper, and the final published version features the final layout of the paper including the volume, issue and page numbers.
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

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

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.