Standardization and Expectations


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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' ...

Standardization and Expectations 2005, Springer, Berlin, Germany

ISBN-13: 9783540281122

2006 edition

Trade paperback