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Compatibility Standards in Networks

In: Network Economics

Author

Listed:
  • Günter Knieps

    (University of Freiburg)

Abstract

Compatibility standards have for a long time been of great importance in many areas of the economy. Examples are measures for weights and lengths, languages, the width of rail tracks, voltage, or transmission and switching protocols in telecommunications. Traditionally, setting, enforcing and changing suitable compatibility standards has primarily been the responsibility of engineers and lawyers. Only a few decades ago have economists started to address this problem. In the meantime the economics of compatibility standards is a well-established field in modern industrial economics and network economics.

Suggested Citation

  • Günter Knieps, 2015. "Compatibility Standards in Networks," Springer Texts in Business and Economics, in: Network Economics, edition 127, chapter 6, pages 101-120, Springer.
  • Handle: RePEc:spr:sptchp:978-3-319-11695-2_6
    DOI: 10.1007/978-3-319-11695-2_6
    as

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