Econ 483_Lecture 15_Indirect networks

Betamax lecture 15 indirect networks econ483 econ of

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Unformatted text preview: ax Lecture 15: Indirect networks, Econ483: Econ of Innovation & Technology, Evangelia Chalioti c A ll rights reserved. E Indirect networks Open standards Cases High-tech industry Indirect networks Lecture 15: Indirect networks, Econ483: Econ of Innovation & Technology, Evangelia Chalioti c A ll rights reserved. E Indirect networks Open standards Cases High-tech industry Indirect network e¤ects Stylization: There are a "platform" - e.g. a game console, an operating system applications which can only be used on that platform - e.g. games, text editing software an interface that makes the applications compatible with the platform Lecture 15: Indirect networks, Econ483: Econ of Innovation & Technology, Evangelia Chalioti c A ll rights reserved. E Indirect networks Open standards Cases High-tech industry E Indirect network e¤ects Market structure may depend on whether applications are compatible with multiple platforms or just one. Applications developers want to write for popular platforms. Consumers...
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