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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...
Persistent link: https://www.econbiz.de/10005094680
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...
Persistent link: https://www.econbiz.de/10010630192