PRODUCT INTRODUCTION WITH NETWORK EXTERNALITIES

被引：301

作者：

KATZ, ML ^{[1
]}

SHAPIRO, C ^{[1
]}

机构：

[1] UNIV CALIF BERKELEY,DEPT ECON,BERKELEY,CA 94720

来源：

JOURNAL OF INDUSTRIAL ECONOMICS | 1992年 / 40卷 / 01期

关键词：

D O I：

10.2307/2950627

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

We study the introduction of a new product in a market with network externalities. There is a common presumption that such markets exhibit excess inertia, i.e. that they are biased towards existing products. In contrast, we provide conditions under which equilibrium involves insufficient friction, i.e. a tendency to rush into new, incompatible technologies. We also analyze the firms' incentives to make their products compatible, and we show that the firm introducing the new technology is biased against compatibility.

引用

页码：55 / 83

页数：29

共 13 条

[1] COMPETING TECHNOLOGIES, INCREASING RETURNS, AND LOCK-IN BY HISTORICAL EVENTS [J].