Article ID Journal Published Year Pages File Type
5075782 Information Economics and Policy 2012 15 Pages PDF
Abstract
► Firms often prefer to standardize on one technology between two competitors. ► Standard battles only emerge between similar firms and very strong or weak network effects. ► Inefficiencies arise because a wrong or premature technology is chosen or a standard battle occurs. ► In our case, discrete time generates more realistic equilibria than continuous time.
Related Topics
Social Sciences and Humanities Business, Management and Accounting Management of Technology and Innovation
Authors
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