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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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A Role-Based Ecology of Technological Change

TL;DR: In this paper, the authors introduce the concept of the technological niche, which includes a focal innovation, the innovations on which the focal innovation builds, and the technological ties among the innovations within the niche, using patents and patent citations to measure characteristics of innovation niches within the semiconductor industry.
Posted Content

On Waves, Clusters, and Diffusion: A Conceptual Framework

TL;DR: In this article, a conceptual and theoretical contribution to the study of clustered political and economic reforms is made, where the authors review the use and meaning of the concept of diffusion as well as its related terms.
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The generative mechanisms of digital infrastructure evolution

TL;DR: The paper identifies three generative mechanisms of digital infrastructure and how they contingently lead to evolution outcomes and uses these mechanisms as a basis for developing a configurational perspective that advances current knowledge about why some digital infrastructures evolve successfully while others do not.
Book ChapterDOI

The Technology–Organization–Environment Framework

TL;DR: This chapter describes the Technology–Organization–Environment (TOE) framework and presents a description of the TOE framework and its constructs.
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Entry in Monopoly Market

TL;DR: In this article, the authors develop new empirical models of market concentration from game-theoretic models of entry, and construct their models from inequality conditions that describe entrants' equilibrium strategies in simultaneous-move and sequential-move games.
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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.
Journal ArticleDOI

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.