Compatibility Standards in Networks

Günter Knieps
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Günter Knieps: University of Freiburg

Chapter 6 in Network Economics, 2015, pp 101-120 from Springer

Abstract: Abstract Compatibility standards have for a long time been of great importance in many areas of the economy. Examples are measures for weights and lengths, languages, the width of rail tracks, voltage, or transmission and switching protocols in telecommunications. Traditionally, setting, enforcing and changing suitable compatibility standards has primarily been the responsibility of engineers and lawyers. Only a few decades ago have economists started to address this problem. In the meantime the economics of compatibility standards is a well-established field in modern industrial economics and network economics.

Keywords: Critical Mass; Network Effect; Economic Agent; Network Externality; Technology Effect (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1007/978-3-319-11695-2_6

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