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Economics of Standards in Information Networks

Information Age Economy

Erschienen am 01.12.2003, 1. Auflage 2004
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Bibliografische Daten
ISBN/EAN: 9783790800760
Sprache: Englisch
Umfang: xvi, 292 S., 106 s/w Illustr., 292 p. 106 illus.
Einband: kartoniertes Buch

Beschreibung

Standards play a prominent role in systems characterized by interaction. In information systems, standards provide for compatibility and are a prerequisite for collaboration benefits. More generally speaking, standards constitute networks. In this work, a standardization framework based on an analysis of deficiencies of network effect theory and a game theoretic network equilibrium analysis is developed. Fundamental determinants of diffusion processes in networks (e.g. network topology, agent size, installed base) are identified and incorporated into a computer-based simulation model. As a result, typical network behaviour (specific diffusion patterns) can be explained and many findings from traditional network effect theory can be described as special cases of the model at particular parameter constellations (e.g. low price, high density). On this basis, solution strategies for standardization problems are developed, and a methodological path towards a unified theory of networks is proposed.

Produktsicherheitsverordnung

Hersteller:
Physica Verlag in Springer Science + Business Media
juergen.hartmann@springer.com
Tiergartenstr. 15-17
DE 69121 Heidelberg


Inhalt

Introduction.- Standardization Problems.- A Standardization Framework.- A Simulation Model for the Standardization Problem.- Solution Mechanisms and Empirical Data.- Theoretical Implications: Towards an Interdisciplinary Network Theory.- Conclusions and Further Research.