HIGHLIGHTS
- who: Manfred Stadler from the Department of Economics, University of Tübingen, Nauklerstr47, D‑, Tübingen, Germany have published the research: The Perpetual Trouble with Network Products Why IT Firms Choose Partial Compatibility, in the Journal: (JOURNAL)
- what: The authors show that, depending on the costs of coordinating technical standards, a symmetric equilibrium with partial compatibility can exist. The study shows that indirect network effects are a key factor and that compatibility of network products is an appropriate strategy of firms. To solve for an explicit solution, the authors provide a theoretical model explaining the . . .
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