. Building on an economic model of energy technology adoption that features network externality, this paper takes an explicit … account of the potential importance of network externality in the design of RET adoption policies. We argue that as incumbent … and service network, it would create a network externality mechanism that makes it difficult to dislodge the dominant FET …

In many product markets, impact of network externality plays an important role to affect the overall quality of a … product. However, the degree or the strength of network externality is assumed as a parameter in most of the literature. We … propose a model of vertical product differentiation with two competing firms where the strength of network externality is …