SYSTEMS COMPETITION AND NETWORK EFFECTS

被引:1212
作者
KATZ, ML [1 ]
SHAPIRO, C [1 ]
机构
[1] FCC, WASHINGTON, DC USA
关键词
D O I
10.1257/jep.8.2.93
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper discusses firm behavior, market performance, and the public and private institutions that arise in systems markets, i.e., markets where consumers use compatible components together to generate benefits. In such markets, which include communications networks and 'hardware/software' networks, popular products are inherently more valuable. These 'network effects' can drive corporate strategies and are critical in understanding innovation in many high-technology markets. The discussion here emphasizes the dynamics of consumer adoption decisions in the presence of network effects, competition between incompatible systems, and how suppliers choose which components are compatible and which are not.
引用
收藏
页码:93 / 115
页数:23
相关论文
共 49 条
  • [11] CUSUMANO M, 1990, CCC905 UC BERK CTR R
  • [12] David P. A., 1990, EC INNOVATION NEW TE, V1, P3, DOI DOI 10.1080/10438599000000002
  • [13] DAVID PA, 1985, AM ECON REV, V75, P332
  • [14] DIXIT AK, 1977, AM ECON REV, V67, P297
  • [15] ADOPTION EXTERNALITIES AS PUBLIC-GOODS
    DYBVIG, PH
    SPATT, CS
    [J]. JOURNAL OF PUBLIC ECONOMICS, 1983, 20 (02) : 231 - 247
  • [16] COMPETITION AND INTEGRATION AMONG COMPLEMENTS, AND NETWORK MARKET-STRUCTURE
    ECONOMIDES, N
    SALOP, SC
    [J]. JOURNAL OF INDUSTRIAL ECONOMICS, 1992, 40 (01) : 105 - 123
  • [17] ECONOMIDES N, 1989, AM ECON REV, V79, P1165
  • [18] ECONOMIDES N, 1993, ED9314 NEW YORK U DE
  • [19] CONVERTERS, COMPATIBILITY, AND THE CONTROL OF INTERFACES
    FARRELL, J
    SALONER, G
    [J]. JOURNAL OF INDUSTRIAL ECONOMICS, 1992, 40 (01) : 9 - 35
  • [20] FARRELL J, 1989, AM ECON REV, V79, P51