Lecture Notes in Economics and Mathematical Systems

Standardization and Expectations

Authors: Langenberg, Tobias

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About this book

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".

Table of contents (2 chapters)

  • The Economics of Standardization: Basic Concepts

    Pages 9-15

  • Standardization of Educational Signals and Job Matching

    Pages 17-40

Buy this book

eBook $74.99
price for USA (gross)
  • ISBN 978-3-540-28113-9
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $99.00
price for USA
  • ISBN 978-3-540-28112-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Standardization and Expectations
Authors
Series Title
Lecture Notes in Economics and Mathematical Systems
Series Volume
562
Copyright
2006
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-540-28113-9
DOI
10.1007/3-540-28113-4
Softcover ISBN
978-3-540-28112-2
Series ISSN
0075-8442
Edition Number
1
Number of Pages
X, 122
Topics