Abstract
In industries characterized by several technological standards, each with positive network externalities, competition is different from industries with technologically "loosely coupled" organizations. We therefore expected that in airwaves auctions for mobile telephony in the U.S., network externalities would show up in firms' bidding. They did, although most firms were penny-wise but pound-foolish.
Original language | Undefined |
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Pages (from-to) | 169-173 |
Number of pages | 5 |
Journal | Social forces |
Volume | 82 |
Issue number | 1 |
Publication status | Published - 2003 |
Keywords
- METIS-220438
- IR-58643