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Adner, Ron; Euchner, James A.; 2022 Type: Interview; Befragung ; Umfrage; survey; Meinungsumfrage; Volksbefragung; Befragung ; Umfragen; Repräsentativumfrage; Bevölkerungsumfrage; Meinungsbefragung; Aufsatz in Zeitschrift; Article in journal; Availability: Link Link Link Citations: 1 (based on OpenCitations)
We study compatibility decisions of two competing platform owners that generate profits through both hardware sales and royalties from content sales. We consider a game-theoretic model in which two platforms offer different standalone utilities to users. We find that incentives to establish one-way compatibility — the platform owner with smaller standalone value grants access to its proprietary content application to users of the competing platform — can arise from the difference in their profit foci. As the difference in the standalone utilities increases, royalties from content sales become less important to the platform owner with greater standalone value, but more important to the other platform owner. One-way compatibility can thus increase asymmetry between the platform owners' profit foci and, given a sufficiently large difference in the standalone utilities, yields greater profits for both platform owners. We further show that social welfare is greater under one-way compatibility than under incompatibility. We also investigate how factors such as exclusive content and hardware-only adopters affect compatibility incentives
Adner, Ron; Leavy, Brian; 2022 Type: Interview; Befragung ; Umfrage; survey; Meinungsumfrage; Volksbefragung; Befragung ; Umfragen; Repräsentativumfrage; Bevölkerungsumfrage; Meinungsbefragung; Aufsatz in Zeitschrift; Article in journal; Availability: Link Link
Total Citations: 0 h Index: 0 i10: 0 Source: CitEc
The information on the author is retrieved from: Entity Facts (by DNB = German National Library data service), DBPedia and Wikidata
Erik P. M. Vermeulen
Alternative spellings: Erik Vermeulen Erik M. Vermeulen E. P. M. Vermeulen Erik Martin Vermeulen Erik Paulus Marinus Vermeulen
Biblio: Vice President at the Corporate Legal Department of Philips in Amsterdam, The Netherlands ; Tätig am Tinbergen Inst.; tätig am Dep. of Finance of Erasmus Univ., Rotterdam; Tätig am Research Inst. for Small and Medium-Sized Business, Zoetermeer, The Netherlands;
Profession
Hochschullehrer
Jurist
Economist
Affiliations
Universiteit van Tilburg. Faculteit Rechtswetenschappen