Mix-and-match compatibility and asymmetric costs
<p>This thesis analyzes how the ability of consumers to buy components of a system from different firms affects prices, profit margins, RandD effort, and welfare. It also examines firms' incentives to make their products compatible, that is, to allow consumers to mix-and-match different...
Main Authors: | Monroe, H, Monroe, Hunter |
---|---|
Format: | Thesis |
Language: | English |
Published: |
1993
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Subjects: |
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