Standardization and Expectations

Author/creator Langenberg, Tobias Author
Format Electronic
Publication InfoNew York : Springer
DescriptionIX, 122 p. ill 23.500 x 015.500 cm.
Supplemental ContentFull text available from eBooks on EBSCOhost
Subjects

SeriesLecture Notes in Economics and Mathematical Systems Ser.
Summary Annotation 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".
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
ISBN9783540281122
ISBN3540281126 (Trade Paper) Active Record
Standard identifier# 9783540281122
Stock number3540281126 00024965

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