Download e-book for kindle: Economics of Standards in Information Networks (Information by Tim Weitzel

By Tim Weitzel

Standards play a favourite position in platforms characterised through interplay. In info structures, criteria supply for compatibility and are a prerequisite for collaboration merits. extra quite often conversing, criteria represent networks. during this paintings, a standardization framework according to an research of deficiencies of community influence conception and a video game theoretic community equilibrium research is constructed. basic determinants of diffusion techniques in networks (e.g. community topology, agent dimension, put in base) are pointed out and integrated right into a computer-based simulation version. for that reason, common community behaviour (specific diffusion styles) should be defined and lots of findings from conventional community influence idea might be defined as exact circumstances of the version at specific parameter constellations (e.g. low cost, excessive density). On this foundation, answer techniques for standardization difficulties are built, and a methodological direction in the direction of a unified concept of networks is proposed.

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Economics of Standards in Information Networks (Information Age Economy) by Tim Weitzel

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