The logic of technical standardisation: a politico-economic model

Peter Nedergaard

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper technical standardisation is understood and explained in a model where economic analysis is coupled with an analysis of the political system as proposed in rational choice theory. The aim is to answer both the question why various countries (e.g. the United States versus European countries) let either the market or public intervention determine the mode of technical standardisation and the possible implications of these two ways of organizing technical standardisation from an economic and a political point of view. Based upon the analysis of the paper a couple of general policy recommendations are made concerning the mode of technical standardisation.

Keywords: Rational choice; market failures; technical standards; standardisation; government failures (search for similar items in EconPapers)
JEL-codes: E6 (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:33107

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