-use and multi-use consumers, and services exhibit network externalities. In the agency model, the presence of multi …

-use and multi-use consumers, and services exhibit network externalities. In the agency model, the presence of multi …

. SGEIs have the characteristic of networked services and, as such, generate network externalities, as considered by the … theory of market failures. This paper analyses the potential of the US in its role as a remedy for network externalities. In … the SGEI context, the large number of participants reinforces network externalities, while limiting coordination …