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  • 1
    Online Resource
    Online Resource
    Wiesbaden : Deutscher Universitätsverlag
    UID:
    gbv_744947995
    Format: Online-Ressource (XIV, 193p. 46 illus) , digital
    Edition: Gabler Edition Wissenschaft
    Edition: Springer eBook Collection. Humanities, Social Sciences and Law
    ISBN: 9783322815149
    Series Statement: Ökonomische Analyse des Rechts
    Content: The value of many goods and many social and legal norms and institutions is correlated to the number of people who adopt them, in other words: They exhibit network effects. But while harmonization enhances network benefits, it also diminishes the benefits derived from variety. In the first part of his study, Volker Simmering introduces an evolutionary game theoretic model in order to investigate how globalization influences the evolution of international standards and he compares the roles of mandatory and voluntary standards. The second part is devoted to the problem of technological progress in networks, and the third one analyzes the resolution of conflicts within international standardization bodies. As a result, he suggests that policy intervention and the presence of adjacent institutional arrangements are likely to improve the performance of network markets, e.g. those for information technology and telecommunication. Since standardization is difficult to enforce its design is, however, not a trivial challenge
    Additional Edition: ISBN 9783824478323
    Additional Edition: Erscheint auch als Druck-Ausgabe ISBN 9783322815156
    Additional Edition: Erscheint auch als Druck-Ausgabe ISBN 9783824478323
    Language: English
    Keywords: Technische Innovation ; Standardisierung ; Netzeffekt ; Regulierung ; Evolutionäre Spieltheorie
    URL: Volltext  (lizenzpflichtig)
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