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Thesis

Mix-and-match compatibility and asymmetric costs

Abstract:

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 brands of components into systems.

Chapter 1 reviews the economic literature on product compatibility with motivating material drawn from the personal computer industry. Three strands of the literature...

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Institution:
University of Oxford
Department:
Faculty of Social Studies
Role:
Author
Publication date:
1993
Type of award:
DPhil
Level of award:
Doctoral
Awarding institution:
University of Oxford
Language:
English
Subjects:
UUID:
uuid:ad9e7169-f426-4f71-aada-429735a84dee
Local pid:
td:602325047
Source identifiers:
602325047
Deposit date:
2013-01-18

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