 Standardization: The Evolution of Institutions versus Government InterventionGünter Knieps Chapter 11 in Competition among Institutions, 1995, pp 283-296 from Palgrave Macmillan Abstract: Abstract Standards of compatibility have gained considerable attention in recent economic modelling in industrial economics (for example, Gilbert (ed.), 1992) as well as in public policy (see Commission of the European Communities, 1991).1 Within large technical systems (e.g. railway systems, telecommunications systems) the complicated procedure of standard-setting has gained particular attention (e.g. Weinkopf, 1993, Genschel and Werle, 1992). Hierarchical control of standard-setting within network monopolies is considered no longer appropriate due to the recent trend towards vertical disintegration, deregulation and internationalization (for further discussion, see Knieps, 1993). As a consequence of the growing number of interfaces between decentralized subsystems, alternative external institutions, in particular committees, markets and regulatory commissions, play an increasing role within the standardization processes. Keywords: Market Power; Network Externality; Standard Committee; Railway System; International Telecommunication Union (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-24262-7_11 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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