Langenberg, T: Standardization and Expectations

2006
ISBN: 978-3-540-28112-2
Verlag: Springer-Verlag GmbH

Buch, Englisch, Band 562, 122 Seiten, Format (B × H): 155 mm x 235 mm, Gewicht: 450 g

Reihe: Lecture Notes in Economics and Mathematical Systems

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 interact. The models are applied to problems such as "Inter-Technology vs. Intra-Technology Competition" and "Standardization of Nascent Technologies".

Zielgruppe

Research

Autoren/Hrsg.

Langenberg, Tobias

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Ökonometrie
• Wirtschaftswissenschaften Wirtschaftssektoren & Branchen Fertigungsindustrie Sonstige Fertigungsindustrien
• Technische Wissenschaften Maschinenbau | Werkstoffkunde Produktionstechnik Fertigungstechnik
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Mikroökonomie
• Wirtschaftswissenschaften Betriebswirtschaft Wirtschaftsmathematik und -statistik
• Mathematik | Informatik Mathematik Numerik und Wissenschaftliches Rechnen Angewandte Mathematik, Mathematische Modelle

Inhaltsverzeichnis

The Economics of Standardization: Basic Concepts.- Standardization of Educational Signals and Job Matching.- Inter-Technology versus Intra-Technology Competition in Network Markets.- Standardization of Nascent Technologies: The Tradeoff between Early Standardization and Experimentation.- Summary of Findings.