Standardization and Expectations
Tobias Langenberg
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Description for Standardization and Expectations
Paperback. 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". Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 132 pages, biography. BIC Classification: TGP. Category: (P) Professional & Vocational. Dimension: 157 x 255 x 15. Weight in Grams: 218.
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 ... Read more
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 ... Read more
Product Details
Format
Paperback
Publication date
2005
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
132
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
122
Place of Publication
Berlin, Germany
ISBN
9783540281122
SKU
V9783540281122
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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