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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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Optimal Pricing for a Multinomial Logit Choice Model with Network Effects
TL;DR: In this article, the authors consider a seller's problem of determining revenue-maximizing prices for an assortment of products that exhibit network effects and show that if the network effect is comparatively weak, then the optimal pricing decision of the seller is to set identical prices for all products.
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Nonlinear pricing of telecommunications with call and network externalities
TL;DR: In this article, the authors investigated how call and network externalities affect a monopolist's optimal nonlinear tariff in a two-way telecommunication service market, where consumers' valuations for outgoing and incoming calls are positively correlated and the firm is not allowed to charge incoming calls.
Posted Content
Chinese Experience With Global 3g Standard-Setting
TL;DR: In this paper, the authors evaluate China's experience with 3G international standards, both in terms of initial international negotiation of the standard in the ITU in 2000, and also its subsequent commercialization.
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Network effects and merger analysis: instant messaging and the AOL–Time Warner case
TL;DR: In this paper, the authors analyze AOL's IM service and the ability to leverage merger assets into future market power in the context of the FCC condition; counterarguments are considered and larger lessons for new economy antitrust are drawn from this experience and analysis.
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Do Markets Prefer Open or Proprietary Standards for XML Standardization? An Event Study
TL;DR: The results show that financial markets respond positively to announcements of proprietary XML schema standardization, but not to those of open XML schemastandardization, and investors do not develop a preference for open standards over time.
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.