Standardization and Expectations

Name: Standardization and Expectations
Author: Tobias Langenberg

Specificaties

Paperback, 122 blz. | Engels

Springer Berlin Heidelberg | 2006e druk, 2005

ISBN13: 9783540281122

Rubricering

Juridisch :

Springer Berlin Heidelberg 2006e druk, 2005 9783540281122

Onderdeel van serie Lecture Notes in Economics and Mathematical Systems

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Samenvatting

Over the last decades, technological progress has brought about a multitude of standardization problems. For instance, compatibility standards ensure the interoperability of goods, which is of decisive importance when users face positive externalities in consumption. Consumers' expectations are key to the problem of whether a new technology will prevail as de-facto standard or not. Early adopters must be confident that the network good will be successful. Thus, it may be worthwhile for firms to influence consumers' expectations. Consisting of three models on various aspects of standardization and expectations, this book aims at deepening our understanding of how standards and expectations interact. The models are applied to problems such as "Inter-Technology vs. Intra-Technology Competition" and "Standardization of Nascent Technologies".

Specificaties

ISBN13:9783540281122

Taal:Engels

Bindwijze:paperback

Aantal pagina's:122

Uitgever:Springer Berlin Heidelberg

Druk:2006

Hoofdrubriek:Economie

Serie:Lecture Notes in Economics and Mathematical Systems

Inhoudsopgave

The Economics of Standardization: Basic Concepts.- Standardization of Educational Signals and Job Matching.- Inter-Technology versus Intra-Technology Competition in Network Markets.- Standardization of Nascent Technologies: The Tradeoff between Early Standardization and Experimentation.- Summary of Findings.