Systems Competition and Network Effects
研究系统市场中企业的行为、市场表现以及公共和私人制度，强调网络效应如何影响消费者采纳决策、不兼容系统间的竞争以及供应商的兼容性选择。
This paper discusses firm behavior, market performance, and the public and private institutions that arise in systems markets, i.e., markets where consumers use compatible components together to generate benefits. In such markets, which include communications networks and ‘hardware/software’ networks, popular products are inherently more valuable. These ‘network effects’ can drive corporate strategies and are critical in understanding innovation in many high-technology markets. The discussion here emphasizes the dynamics of consumer adoption decisions in the presence of network effects, competition between incompatible systems, and how suppliers choose which components are compatible and which are not.