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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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The Integrated Networks Model: Explaining Resource Allocations in Network Markets
TL;DR: In this article, the authors examine market-based assets in the context of network markets and propose an integrated networks model in which three types of networks (user, complements, and producer) add value or enhance the attractiveness of the associated focal product.
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Within-Industry Diversification and Firm Performance in the Presence of Network Externalities: Evidence From the Software Industry
Hüseyin Tanriverdi,Lee Chi-Hyon +1 more
TL;DR: In the presence of network externalities, complementary related diversification strategies in production and consumption can be critical for achieving positive returns to within-industry diversific... as mentioned in this paper,.
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A review of the value of aggregators in electricity systems
TL;DR: In this paper, the economic fundamentals of aggregators are systematically assessed and a critical review of the value of aggregation is performed, defining the factors that determine their role in power systems under different technological and regulatory scenarios.
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Value creation by knowledge‐based ecosystems: evidence from a field study
TL;DR: In this article, the authors identify two key sources of value creation in knowledge-based ecosystems: facilitation of the innovation process for individual companies and creation of an innovation community, and the coevolution of the ecosystem's business model with firm-level business models explains why technology-based firms join, stay in or leave the ecosystem at a certain point in time.
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Exploring individuals’ subjective well-being and loyalty towards social network sites from the perspective of network externalities: The Facebook case
TL;DR: The findings indicate that perceived network size negatively affects users’ SNS identifications and other components of network externalities have positive effects on SNS identification and satisfaction, which in turn havepositive effects on users�’ subjective well-being and loyalty towards SNS.
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.