Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5075782 | Information Economics and Policy | 2012 | 15 Pages |
Abstract
⺠Firms often prefer to standardize on one technology between two competitors. ⺠Standard battles only emerge between similar firms and very strong or weak network effects. ⺠Inefficiencies arise because a wrong or premature technology is chosen or a standard battle occurs. ⺠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
Sven Kerstan, Tobias Kretschmer, Katrin Muehlfeld,