Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/237732 
Erscheinungsjahr: 
2021
Schriftenreihe/Nr.: 
University of Tübingen Working Papers in Business and Economics No. 150
Verlag: 
University of Tübingen, Faculty of Economics and Social Sciences, Tübingen
Zusammenfassung: 
Compatibility of network products is an important issue in markets for communication technology as well as hard- and software products. Empirical findings suggest that firms competing in these markets typically choose intermediate degrees of product compatibility. We present a strategic two-stage game of two firms deciding strategically or commonly on the degree of product compatibility in the first stage and on prices in the second stage. Indeed, partial compatibility constitutes a subgame perfect Nash equilibrium when coordination costs of standardization are high and the installed bases are low.
Schlagwörter: 
Compatibility
Network Products
Network Effects
JEL: 
C72
L13
L15
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
301.42 kB





Publikationen in EconStor sind urheberrechtlich geschützt.