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Die Rolle sogenannter Gatekeeper in der digitalen Medienwelt wird aktuell sowohl in Wissenschaftskreisen als auch Netz- und Medienpolitik vehement und kontrovers diskutiert. Gehen von den Gatekeepern der digitalen Welt wie Google, Apple, Youtube, Facebook, Twitter etc. besondere Gefahren fur den...
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We analyze the role of consumer expectations in a Hotelling model of price competition when products exhibit network effects. Expectations can be strong (stubborn), weak (price-sensitive) or partially stubborn (a mix of weak and strong). As a rule, the price-sensitivity of demand declines when...
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We analyze the choices between two technologies A and B that both exhibit network effects. We introduce a critical mass game in which coordination on either one of the standards constitutes a Nash equilibrium outcome while coordination on standard B is assumed to be payoff-dominant. We present a...
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We examine a technology adoption game with network effects in which coordination on technology A and technology B constitute a Nash equilibrium. Coordination on technology B is assumed to be payoff-dominant. We define a technology's critical mass as the minimum share of users necessary to make...
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