Compatibility, standardization, and network effects: Some policy implications

Given the dramatic growth of the Internet and information-technology industries in general, and the importance of interconnection in these networks, the economics of compatibility and standardization has become mainstream economics. In this paper, I examine several key policy aspects of standard setting in industries with network effects.

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Keywords:

Compatibility, Consumers, Network effects, Standardization, Standards, Virtual network effects

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Language(s):English
AuthorsGandal, Neil (Tel Aviv University, Israel)
Publisher:Oxford University Press
Keywords:Compatibility, Consumers, Network effects, Standardization, Standards, Virtual network effects
Last update:2002