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Simple economics of backward compatibility in the presence of network effects
https://kobe-cufs.repo.nii.ac.jp/records/1235
https://kobe-cufs.repo.nii.ac.jp/records/12352a6b53e8-1afe-4d1d-8523-d01af1c28c78
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
ダウンロード (1.6 MB)
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| Item type | 研究報告書 / Research Paper(1) | |||||
|---|---|---|---|---|---|---|
| 公開日 | 1999-03-01 | |||||
| タイトル | ||||||
| タイトル | Simple economics of backward compatibility in the presence of network effects | |||||
| 言語 | ||||||
| 言語 | eng | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Compatibility | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Network effects | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Switching costs | |||||
| 資源タイプ | ||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_18ws | |||||
| 資源タイプ | research report | |||||
| 著者 |
Tanaka, Satoru
× Tanaka, Satoru |
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| 著者所属機関 | ||||||
| 値 | Kobe City University of Foreign studies | |||||
| 雑誌名 |
en : Kobe city university of foreign studies working paper series 号 3, p. 1-15, 発行日 1999-03 |
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| 出版者 | ||||||
| 出版者 | Institute for foreign studies Kobe city university of foreign studies | |||||
| 抄録 | ||||||
| 内容記述タイプ | Abstract | |||||
| 内容記述 | We analyze the effects of an incumbent’s investment in backward compatibility of new products with old ones in the presence of network effects. Under consumer’s utility function consisting of two components, “stand-alone valuation” and “network-dependent valuation”, we show that incumbent’s investment level in backward compatibility always exceeds the social optimum because it raises consumers’ switching costs in socially undesirable way. In addition to this, this divergence of incumbent’s investment from a socially optimal one strongly depends on consumer’s utility. Using a specified utility function, it is shown that this divergence could increase with the degree of complementarity between two components in utility function under some situations. | |||||
| 分類 | ||||||
| 値 | JEL classification numbers:L12,L15,L41,O32 | |||||
| 著者版フラグ | ||||||
| 出版タイプ | VoR | |||||
| 出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||
| フォーマット | ||||||
| 内容記述タイプ | Other | |||||
| 内容記述 | application/pdf | |||||
