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Bandwagon effects in high-technology industries /
Economists use the term "bandwagon effect" to describe the benefit a consumer enjoys as a result of others' using the same product or service. The history of videocassettes offers a striking example of the power of bandwagon effects. Originally there were two technical standards for v...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Cambridge, Mass. :
MIT Press,
©2001.
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| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Machine generated contents note: I Introduction
- 1 The High-Technology Bandwagon
- 2 A Bandwagon Tour
- 2.1 A Guide to the Tour
- II Bandwagons: How They Work
- 3 Bandwagon Demand
- 3.1 Equilibrium User Sets
- 3.2 Demand as a Function of Price
- 3.3 Metcalfe's Law
- 3.4 Dynamics of Complementary Bandwagon Effects
- 4 Bandwagon Supply
- 4.1 Monopoly versus Competition
- 4.2 Interlinking
- 4.3 Solving the Start-Up Problem
- 4.4 Incentives of Suppliers to Interlink
- 4.5 Supply Coordination with Complementary
- Bandwagon Products
- 4.6 Technical Standards
- 4.7 Proprietor Services versus Customer Equipment
- 4.8 Mature Services
- 4.9 Predatory Pricing
- 5 Summary of Results of Bandwagon Theory
- 5.1 The Cheat Sheet
- im Case Studies
- 6 Fax
- 6.1 Lessons from Case Study
- 7 Early Telephone
- 7.1 Pricing of Exchange Service
- 7.2 Interlinking
- 7.3 Lessons from Case Study
- 8 Picturephone
- 8.1 Picturephone as an Intercom Service
- 8.2 Constructing a Self-Sufficient User Set
- 8.3 Actual Outcome
- 8.4 Lessons from Case Study
- 9 Compact-Disc Players
- 9.1 Technological Standard
- 9.2 CDs Not Available
- 9.3 Small Libraries of CDs
- 9.4 Subsequent Developments
- 9.5 Other Digital Players of Recorded Music
- 9.6 Lessons from Case Study
- 10 VCRs
- 10.1 Early Developments
- 10.2 Early VCR Use
- 10.3 Beta versus VHS
- 10.4 The Bandwagon
- 10.5 The Hollywood Assault
- 10.6 The Videocassette Business
- 10.7 Videodisc Players
- 10.8 Lessons from Case Study
- 11 Personal Computers
- 11.1 Early Application Software
- 11.2 The Rise of the IBM PC
- 11.3 The Decline of the IBM PC
- 11.4 The Role of Apple
- 11.5 The Rise of Intel and Microsoft
- 11.6 Microsoft's Pricing
- 11.7 Recent Applications Software
- 11.8 Linux
- 11.9 Java
- 11.10 The Role of Misjudgments
- 11.11 Lessons from Case Study
- 12 Television
- 12.1 The Emergence of Television
- 12.2 Color Television
- 12.3 High-Definition Television
- 12.4 Lessons from Case Study
- 13 The Internet
- 13.1 Size and Growth of the Internet
- 13.2 Telecommunications Technology
- 13.3 Evolution of the Computer Industry
- 13.4 Telecommunications Prices
- 13.5 The Development of ARPANET
- 13.6 Other Packet-Switched Networks
- 13.7 NSFNET
- 13.8 The Internet after NSFNET
- 13.9 Externalities and Transactions Costs
- 13.10 Current Internet Usage
- 13.11 A Final Reflection
- 13.12 Lessons from Case Study
- IV Conclusions
- 14 Summary of Results
- 14.1 Start-Up Problem
- 14.2 Vertical Integration
- 14.3 Bandwagon Markets without Interlinking
- 14.4 Agreeing to a Technical Standard
- 14.5 Government Intervention
- 15 Final Remarks
- Mathematical Appendix
- Notes
- Glossary of Economics Concepts
- Dictionary of Abbreviations and Acronyms
- Bibliography
- Index.