In this paper we construct a game-theoretic model to analyze firms¡¦ partial compatibility choices. The quality of a hybrid system depends on the minimum of the compatibility levels chosen by firms. We find that, depending on the investment cost, the compatibility level could be...

In this paper we construct a game-theoretic model to analyze firms¡¦ partial compatibility choices. The quality of a hybrid system depends on the minimum of the compatibility levels chosen by firms. We find that, depending on the investment cost, the compatibility level could be...