The Economics of Standards Wars

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The Economics of Standards Wars

Author Info

Victor Stango () (Federal Reserve Bank of Chicago)

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Victor Stango

Abstract

Policymakers face an increasing number of questions regarding whether markets efficiently choose technological standards. In this essay I survey the economic literature regarding standards, focusing on arguments that markets move between standards either too slowly or too swiftly.

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Article provided by Concept Economics in its journal Review of Network Economics.

Volume (Year): 3 (2004)
Issue (Month): 1 (March)
Pages: 1-19
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Handle: RePEc:rne:rneart:v:3:y:2004:i:1:p:1-19

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

Jay Pil Choi, 1994. "Irreversible Choice of Uncertain Technologies with Network Externalities," RAND Journal of Economics, The RAND Corporation, vol. 25(3), pages 382-401, Autumn. [Downloadable!] (restricted)
Other versions:
- Choi, J.P., 1992. "Irreversible Choice of Uncertain Technologies with Network Externalities," Discussion Papers 1992_27, Columbia University, Department of Economics.
Choi, Jay Pil & Thum, Marcel, 1998. "Market structure and the timing of technology adoption with network externalities," European Economic Review, Elsevier, vol. 42(2), pages 225-244, February. [Downloadable!] (restricted)
Other versions:
- Jay Pil Choi & Marcel Thum, 1997. "Market Structure and the Timing of Technology Adoption with Network Externalities," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
- Choi, J.P., 1996. "Market Structure and the Timing of Technology Adoption with Network Externalities," Discussion Papers 1996_06, Columbia University, Department of Economics.
Dennis W. Carlton & Michael Waldman, 2002. "The Strategic Use of Tying to Preserve and Create Market Power in Evolving Industries," RAND Journal of Economics, The RAND Corporation, vol. 33(2), pages 194-220, Summer.
Other versions:
- Dennis W. Carlton & Michael Waldman, 1998. "The Strategic Use of Tying to Preserve and Create Market Power in Evolving Industries," NBER Working Papers 6831, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
- Dennis W. Carlton & Michael Waldman, 1998. "The Strategic Use Of Tying To Preserve And Create Market Power In Evolving Industries," University of Chicago - George G. Stigler Center for Study of Economy and State 145, Chicago - Center for Study of Economy and State. [Downloadable!]
Besen, Stanley M & Farrell, Joseph, 1994. "Choosing How to Compete: Strategies and Tactics in Standardization," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 117-31, Spring. [Downloadable!] (restricted)
Church, J. & Gandal, N., 1991. "Complementary Network Externalities and Technological Adoption," Papers 5-91, Tel Aviv.
Other versions:
- Church, Jeffrey & Gandal, Neil, 1993. "Complementary network externalities and technological adoption," International Journal of Industrial Organization, Elsevier, vol. 11(2), pages 239-260, June. [Downloadable!] (restricted)
Chou, Chien-fu & Shy, Oz, 1990. "Network effects without network externalities," International Journal of Industrial Organization, Elsevier, vol. 8(2), pages 259-270, June. [Downloadable!] (restricted)
Becker, Gary S, 1983. "A Theory of Competition among Pressure Groups for Political Influence," The Quarterly Journal of Economics, MIT Press, vol. 98(3), pages 371-400, August. [Downloadable!] (restricted)

Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Nicholas Economides, 2006. "Public Policy in Network Industries," Working Papers 06-01, NET Institute, revised Sep 2006. [Downloadable!]
Other versions:
- Nicholas Economides, 2006. "Public Policy in Network Industries," Working Papers 06-17, New York University, Leonard N. Stern School of Business, Department of Economics. [Downloadable!]
Adriaan Ten Kate & Gunnar Niels, 2006. "Fulfilled-expectations Equilibria in Network Demand," Review of Network Economics, Concept Economics, vol. 5(3), pages 320-336, September. [Downloadable!]

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