Review of Network Economics · 2004 · 147 citations · 36 references
Public AffairsBusiness EconomicsEconomicsMicroeconomicsRegulatory EconomicsTechnology PolicyEconomies Of ScaleStandard-setting AgreementsStandards AdoptionStandards PolicyStandards StrategyStandard WarsStandardization EconomicsStandardsStandards DiffusionStandards Wars
Policymakers face an increasing number of questions regarding whether markets efficiently choose technological standards. In this essay I survey the economic literature regarding standards, focusing on arguments that markets move between standards either too slowly or too swiftly.
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