Economics of Standards in Information Networks
Economics of Standards in Information Networks

Author: Tim Weitzel

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 308

ISBN-13: 3790826642

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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.

Economic Policy and Technological Performance
Economic Policy and Technological Performance

Author: Partha Dasgupta

Publisher: Cambridge University Press

Published: 2005-11-10

Total Pages: 268

ISBN-13: 9780521022217

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A wide ranging contribution to the debate about the impact of technological change on economic and social welfare.

The Network(ed) Economy
The Network(ed) Economy

Author: Roman Beck

Publisher: Springer Science & Business Media

Published: 2007-12-11

Total Pages: 287

ISBN-13: 3835092138

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Roman Beck presents a new goods classification model to explore the dissemination of IT and e-business standards and designs two applications that support and improve firms' electronic interlaced communication by means of automation and standardization effects. He then examines how network effects drive the diffusion of communication standards and develops a model which is implemented as a simulation to show the dynamic interplay between direct and indirect network effects during the diffusion process. It also addresses critical mass and life cycle issues, as well as related utility changes in communication standards.

Information Rules
Information Rules

Author: Carl Shapiro

Publisher: Harvard Business Press

Published: 1999

Total Pages: 374

ISBN-13: 9780875848631

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As one of the first books to distill the economics of information and networks into practical business strategies, this is a guide to the winning moves that can help business leaders--from writers, lawyers and finance professional to executives in the entertainment, publishing and hardware and software industries-- navigate successfully through the information economy.

Economics of Standards in Information Networks
Economics of Standards in Information Networks

Author: Tim Weitzel

Publisher: Springer

Published: 2011-05-15

Total Pages: 314

ISBN-13: 9783790826654

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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. ..". a very important contribution to the economics of standardization, and the results make the book a must for everyone working in the field." (International Journal of IT Standards and Standardization Research)

Network Economics
Network Economics

Author: Anna Nagurney

Publisher: Springer Science & Business Media

Published: 2013-03-09

Total Pages: 423

ISBN-13: 1475730055

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Since the publication of the first edition of Network Economics: A Variational Inequality Approach in 1993, there have been many ad vances in both methodological developments, as well as, applications in this field. These have occurred in an environment of an increasingly networked global economy, in which the importance of transportation networks and communication networks is now well-recognized, with net works such as knowledge networks, environmental networks, and finan cial networks receiving growing attention. This edition adds recent research progress in new and evolving ar eas of network economics through common and unifying principles. In addition, it includes dynamic models of traffic, of spatially separated markets, of oligopolistic markets, and of financial markets. In order to expand the range and reach of this material, we have also included a series of problems in an appendix for self-study purposes and for use in the classroom. We note that computational economics has been at the forefront in stimulating the development of mathematical methodologies for the analysis and solution of complex, large-scale problems. The past fifteen years, in particular, have witnessed a dramatic growth of interest in this area. Supported by the increasing availability of data and by advances in computer architectures, the scale and dimensions of problems that can now be handled are unveiling new horizons in both theoretical modeling and policy analysis.

Open Standards and the Digital Age
Open Standards and the Digital Age

Author: Andrew L. Russell

Publisher: Cambridge University Press

Published: 2014-04-28

Total Pages: 325

ISBN-13: 1107039193

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This book answers how openness became the defining principle of the information age, examining the history of information networks.

Opening Standards
Opening Standards

Author: Laura Denardis

Publisher: MIT Press

Published: 2011-09-02

Total Pages: 272

ISBN-13: 0262297280

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The economic and political stakes in the current heated debates over “openness” and open standards in the Internet's architecture. Openness is not a given on the Internet. Technical standards—the underlying architecture that enables interoperability among hardware and software from different manufacturers—increasingly control individual freedom and the pace of innovation in technology markets. Heated battles rage over the very definition of “openness” and what constitutes an open standard in information and communication technologies. In Opening Standards, experts from industry, academia, and public policy explore just what is at stake in these controversies, considering both economic and political implications of open standards. The book examines the effect of open standards on innovation, on the relationship between interoperability and public policy (and if government has a responsibility to promote open standards), and on intellectual property rights in standardization—an issue at the heart of current global controversies. Finally, Opening Standards recommends a framework for defining openness in twenty-first-century information infrastructures. Contributors discuss such topics as how to reflect the public interest in the private standards-setting process; why open standards have a beneficial effect on competition and Internet freedom; the effects of intellectual property rights on standards openness; and how to define standard, open standard, and software interoperability.

The Economics of Standards
The Economics of Standards

Author: Albert N. Link

Publisher: Edward Elgar Publishing

Published: 2016

Total Pages: 0

ISBN-13: 9781784717315

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This comprehensive single volume includes seminal articles written by eminent scholars that study the role of standards in the competitive process, the diffusion of standards throughout industry and the role of the public sector in support of standards development. With an original introduction by the editor, this volume is an excellent source of reference and provides an invaluable foundation for students and researchers interested in standards.

The Economics of Information Technology
The Economics of Information Technology

Author: Hal R. Varian

Publisher: Cambridge University Press

Published: 2004-12-23

Total Pages: 114

ISBN-13: 1139456725

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The Economics of Information Technology is a concise and accessible review of some of the important economic factors affecting information technology industries. These industries are characterized by high fixed costs and low marginal costs of production, large switching costs for users, and strong network effects. These factors combine to produce some unique behavior. The book consists of two parts. In the first part, Professor Varian outlines the basic economics of these industries. In the second part, Professors Farrell and Shapiro describe the impact of these factors on competition policy. The clarity of the analysis and exposition makes this an ideal introduction for undergraduate and graduate students in economics, business strategy, law and related areas.