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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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The Organizational Ecology of a Technological System.
TL;DR: In this paper, the authors investigated organizational mortality in the early American telephone industry, in which thousands of companies proliferated and failed under conditions of technological change, and they predicted that when technologies are systemic, technological change does not necessarily favor advanced organizations.
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Equilibrium Bias of Technology
TL;DR: In this paper, the authors distinguish between the relative bias of technology, which concerns how the marginal product of a factor changes relative to that of another following the introduction of new technology, and the absolute bias, which looks only at the effect of new technologies on a factor's marginal product, and show that the results about relative bias do not generalize when more general menus of technological possibilities are considered.
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Market Share and Customers’ Perceptions of Quality: When Can Firms Grow Their Way to Higher versus Lower Quality?:
Linda L. Hellofs,Robert Jacobson +1 more
TL;DR: In this paper, market share can influence perceived quality through several different mechanisms, including signaling, creating network externalities, and inclusion as an attribute in consumers' quality functions, such as satisfaction with a product's perceived quality.
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Herd behavior in purchasing books online
TL;DR: Recommendations of other consumers exerted a greater influence on subject choices than recommendations of an expert and recommendations from recommender system influenced online consumer choices more than those from website owners.
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A Resource-based View of Strategic Alliances and Firm Value in the Electronic Marketplace
TL;DR: In this article, the authors examined how alliances of e-commerce firms affect firm value in an emerging business sector using an event study method, and found that marketing alliances generate significantly higher firm value than technology alliances.
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.
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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.