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Platform Competition,Compatibility,and Social Efficiency
Network Effects One-Sided Platforms Two-Sided Platforms Competition
2015/4/21
Katz and Shapiro (1985) study systems compatibility in settings with one-sided plat- forms and direct network effects. We consider systems compatibility in settings with two-sided platforms and indire...
Network Externalities, Competition, and Compatibility
Network Externalities Competition Compatibility
2014/11/27
There are many products for which the utility that a user derives from consumption of the good increases with the number of other agents consuming the good. There are several possible sources of these...