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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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Uncovering Collaborative Value Creation Patterns and Establishing Corresponding Customer Roles
TL;DR: In this paper, the authors identify customer roles across generic offerings and empirical evidence that customers perform multiple roles when engaging in collaborative value creation (CVC) processes and provide managers engaged in CVC with recommendations on criteria for segmenting customer groups, on the role of the service provider in various value creation processes, and on tailored communication strategies to attract customers.
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Indirect Network Effects in New Product Growth
TL;DR: Indirect network effects are of prime interest to marketers because they affect the growth and takeoff of software availability for and hardware sales of a new product.
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Dynamic monopoly pricing with network externalities
TL;DR: In this paper, the optimal dynamic monopoly pricing for a good which exhibits positive network externalities is studied, and it is shown that, contrary to the Coase theorem, there is no time inconsistency problem; and subgame perfect equilibrium prices increase as time passes.
Posted Content
Sequential Adoption Theory: A Theory for Understanding Herding Behavior in Early Adoption of Novel Technologies
Eric A. Walden,Glenn J. Browne +1 more
TL;DR: A model that extends existing observational learning models and uses simulation to test the results suggest that following the behavior of other similarly-situated decision makers can be a very useful strategy in adoption situations in which there is a great deal of uncertainty.
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Research on technology standards: Accomplishment and challenges
Vadake Narayanan,Tianxu Chen +1 more
TL;DR: In this article, the authors organize the fragmented management literature on technology standards according to a meta-theoretical scheme originally proposed by Astley and Van de Ven, and argue for complex models that take into account the two boundary conditions that have been implicit in the extant literature.
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.