£87.09

Springer Economics of Standards in Information Networks (Information Age Economy)

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£89.99 £40.06 £50.95 £61.85 £72.74 £83.64 £94.53 12 June 2024 17 November 2024 25 April 2025 30 September 2025 08 March 2026

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Description

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.

Product Specifications

Format
paperback
Domain
Amazon UK
Publication Date
01 December 2003
Listed Since
27 December 2006

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