Economics of Network [Back]

• What is the Economics of Network?
  Nicholas Economides' on-line paper, " The Economics of Networks ," gives an excellent introduction to the related issues.
  Yi-Nung Yang, Essays on Network Effects ," Ph.D. Dissertation, Department of Economics, Utah State University, May 1997.[PDF]
  Yi-Nung Yang, " An Introduction to Network Externalities: A Recent Literature Review ," Ph.D. Dissertation, Chapter 1, Department of Economics, Utah State University, May 1997.

• Definition of Network Externalities
  A product for which the utility that a user derives from consumption of the good increases with the number of other agents consuming the good (Katz and Shapiro, American Economic Review, 1985, 424-40).

• Bibliography on Network Economy
  Bibliography on Network Economics By Nicholas. Economides
  Bibliography on Legal Aspects of Standards and Standardization By Roland Hildebrandt
  Bibliography on the Economics of Standards and Standardization By Jens Kleinemeyer

• On-line Papers related to Network Economics over the Internet
  

  Thoughts Papers:

  • Liebowitz, Stan J., and Stephen E. Margolis, " The Fable of the Keys," Journal of Law and Economics , Vol. XXXIII, April 1990. [HTML]
  • Liebowitz, Stan J., and Stephen E. Margolis, " Path Dependence, Lock-In, and History" Journal of Law, Economics and Organization , April 1995. [HTML]
  • Liebowitz, Stan J., and Stephen E. Margolis, " Are Network Externalities A New Source of Market Failure? " Research in Law and Economics , 1995. [HTML]
  • Liebowitz, Stan J., and Stephen E. Margolis, " Chicken Little Comes Home to Roost: A Misplaced and Flawed Economic Theory Bedevils Microsoft " [HTML]

  Theoretic Papers:

  • Bailey, J., L. McKnight, and P. Bosco, " The Economics of Advanced Services in an Open Communications Infrastructure: Transaction Costs, Production Costs, and Network Externalities ," presented at: Workshop on Interoperability and the Economics of Information Infrastructure Freedom Forum, Rosslyn , Virginia, July 6-7, 1995 . [Postscript]
  • Cabral, Luis and David Salant, " Monopoly Pricing With Network Externalities ," ewp-io/9411003, 1994. [Acrobat]
  • Church, Jeffrey and Neil Gandal, " Equilibrium Foreclosure and Complementary Products ," ewp-io/9311001, 1993. [Acrobat]
  • Desruelle, Dominique, Gerard Gaudet and Yves Richelle, " Complementarity, Coordination and Compatibility: The Role of Fixed Costs in the Economics of Systems ," ewp-io/9508001, 1995. [Acrobat]
  • Economides, Nicholas, " Desirability of Compatibility in the Absence of Network Externalities ," American Economic Review , (December 1989), no. 5, pp. 1165-1181. [Postscript]
  • Economides, Nicholas, " Compatibility and the Creation of Shared Networks ," Electronic Services Networks: A Business and Public Policy Challenge , edited by Margaret Guerin-Calvert and Steven Wildman, Praeger Publishing Inc., New York: 1991. [Acrobat]
  • Economides, Nicholas, " Compatibility and Market Structure ," Discussion Paper EC-91-16, Stern School of Business, N.Y.U. [Acrobat]
  • Economides, Nicholas, " A Monopolist's Incentive to Invite Competitors to Enter in Telecommunications Services ," Global Telecommunications Strategies and Technological Change , Gerard Pogorel (ed.), pp.227-239. Elsevier. Amsterdam: 1993. [Acrobat]
  • Economides, Nicholas, " Mixed Bundling in Duopoly ," Discussion Paper EC-93-29, Stern School of Business, N.Y.U. [Acrobat]
  • Economides, Nicholas, " The Incentive for Vertical Integration ," Discussion Paper EC-94-05, Stern School of Business, N.Y.U. [Acrobat]
  • Economides, Nicholas, " Quality Choice and Vertical Integration ," Discussion Paper EC-94-22, Stern School of Business, N.Y.U. [acrobat]
  • Economides, Nicholas, " The Economics of Network ," Discussion Paper EC-94-24, Stern School of Business, N.Y.U. [HTML]
  • Economides, Nicholas, " The Incentive of a Monopolist to Provide All Goods ," Discussion Paper EC-95-09, Stern School of Business, N.Y.U. [Acrobat]
  • Economides, Nicholas, " Network Externalities, Complementarities, and Invitations to Enter ," forthcoming in European Journal of Political Economy (1995) , [Acrobat]
  • Economides, Nicholas and Bill Lehr, " The Quality of Complex Systems and Industry Structure ," Quality and Reliability of Telecommunications Infrastructure , William Lehr (ed.) Lawrence Erlbaum. Hillsdale: 1994. [Acrobat]
  • Economides, Nicholas and Charles Himmelberg, " Critical Mass and Network Evolution in Telecommunications ," Toward a Competitive Telecommunications Industry: Selected Papers from the 1994 Telecommunications Policy Research Conference , Gerard Brock (ed.), 1995. [Acrobat]
  • Economides, Nicholas and Fredrick Flyer, " Technical Standards Coalitions for Network Goods ," [Acrobat]
  • Economides, Nicholas and Glenn Woroch, " Benefits and Pitfalls of Network Interconnection ," Discussion Paper no. EC-92-31, Stern School of Business, N.Y.U. [Acrobat]
  • Economides, Nicholas and Lawrence J. White, " One-Way Networks, Two-Way Networks, Compatibility, and Antitrust ," Discussion Paper no. EC-93-14, Stern School of Business, N.Y.U. [Acrobat]
  • Economides, Nicholas and Lawrence J. White, " Access and Interconnection Pricing: How Efficient is the Efficient Component Pricing Rule? ," The Antitrust Bulletin , vol. XL, no. 3, pp. 557-579. [Acrobat]
  • Economides, Nicholas and Lawrence J. White, " Networks and Compatibility: Implications for Antitrust ," European Economic Review , vol. 38, (March 1994), pp. 651-662. [Postscript]
  • Economides, Nicholas and Steven C. Salop, " Competition and Integration Among Complements, and Network Market Structure ," Journal of Industrial Economics , vol. XL, no. 1 (1992), pp. 105- 123. [Acrobat]
  • Economides, Nicholas and Steven S. Wildman, " Monopolistic Competition with Two-Part Tariffs ," Discussion Paper EC-95-10, Stern School of Business, N.Y.U. [Acrobat]
  • Fishman, Arthur and Neil Gandal, " Experimentation and Learning with Network Effects ," ewp-io/9309001, 1993. [Acrobat]
  • Gandal, Neil,Shane Greenstein David Salant, " Adoptions and Orphans in the Early Microcomputer Market ," ewp-io/9502002, 1995. [Acrobat]
  • Robertson, Paul L. and Richard N. Langlois, " Innovation, Networks, and Vertical Integration ," ewp-io/9309006, 1994. [Acrobat]
  • Roson, Roberto, " Network Markets and Network Evolution ," working paper n.96.13, Dept. of Economics, Ca' Foscari University, Venice (I), 1996. [Postscript]
  • Roson, Roberto and Jeroen Van den Bergh, " Network Markets for Composite Goods and Services: Structure and Efficiency ," working paper n.95.16, Dept. of Economics, Ca' Foscari University, Venice (I), 1995. [Postscript]
  • Thum, Marcel, " Network Externalities, Technological Progress, and the Competition of Market Contracts ," International Journal of Industrial Organization 12, 1994, pp. 269-289. [Postscript]
  • Thum, Marcel, " Network Externalities and Efficient Capacity Commitment ," ahrbücher für Nationalökonomie und Statistik 215, 1996, pp. 274-286. [Postscript]
  • Yi-Nung Yang, " Network Effects, Pricing Strategies, and Optimal Upgrade Time in Software Provision ," ewp-io/9602001, 1996. [Acrobat]
  • Yi-Nung Yang and Christopher C. Barrett, " Nonconcave, Nonmonotonic Network Externalities ," ERI paper 4864, Department of Economics, USU, 1997. [Acrobat]

  Applications:

  General:
  • Bailey, Joseph P. and Lee W. Mcknight, " Internet Economics: What Happens When Constituencies Collide ," April 1995. [HTML]
  • Economides, Nicholas, " Commentary on Antitrust Economics of Credit Card Networks ," Federal Reserve Bank of St. Louis Review , November-December 1995, pp. 60-63. [Acrobat]
  • MacKie-Mason, Jeffrey K. and Hal R. Varian, " Economic FAQs About the Internet ," ewp-io/9606001, 1996. [Acrobat]
  • Vora, Parag, " Technological Standards in Cellular Telephony ," Working Paper, Winter, 1994. [HTML]
  • Woroch, Glenn, " Turning the Cables: Economic & Strategic Analysis of Cable Entry into Telecommunications ," February 1996. [PostScript]
  • Woroch, Glenn, Ken Baseman and Rick Worren-Boulton, " Exclusionary Behavior in the Market for Operating System Software: The Case of Microsoft ," April 1995. [PostScript]

    Empirical Studies

  • Brynjolfsson, Erik and Chris F. Kemerer, " Network Externalities in Microcomputer Software: An Econometric Analysis of the Spreadsheet Market" ," University of Pittsburgh Katz School working paper no. 745, July 1995 [HTML]
  • Economides, Nicholas, " Principles of Interconnection: A Response to "Regulation of Access to Vertically-Integrated Natural Monopolies" ," submitted to the New Zealand Ministry of Commerce. [Acrobat]
  • Economides, Nicholas and Charles Himmelberg, " Critical Mass and Network Size with Application to the US Fax Market ," Discussion Paper no. EC-95-11, Stern School of Business, N.Y.U. [Acrobat]
  • Gandal, Neil, " Hedonic price indexes for spreadsheets and an empirical test of the network externalities hypothesis ," ewp-io/9309002, 1993. [Acrobat]

    Law and Economics

  • Warren-Boulton, Frederick R., Kenneth C. Baseman and Glenn A. Woroch, " The Economics of Intellectual Property Protection for Software: The Proper Role for Copyright ," ewp-io/9411004, 1994. [Acrobat]
  • Woroch, Glenn, Joe Farrell, " Brief Amicus Curiae before the U.S. Supreme Court in Lotus v. Borland ," December 1995. [PostScript]

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Personal Information: [Back]

Ph.D., 1997, who is an assistant professor at the Department of Industrial Management at Chung Hua University, Hsin-Chu, Taiwan, ROC. His major advisor was Dr. Terry Glover who is a pretty smart and kind professor.

E-Mail Address: yinyang@chu.edu.tw

Local Address: 25, Sec. 3, Sam-Ming Rd., Taoyuan, Taoyuan, Taiwan, ROC.

Vitae

Interests:

Applications of Micro-theory, Network Economics, Natural Resources, Econometrics, and computers, issues on internet, etc.

Working Papers [Back]

Title	Date	Notes
Commitments, Network Externalities, and Coase Conjecture [Download PDF]	March, 1997	with Terry Glover
The Long-Term Effects of Alternative Types of Early Intervention Programs on Public School Services [Download PDF]	February, 1997	with Linda Goetze, forthcoming in the Western Economic Association International in Seatle 1997 .
Rational Incompatibility and International Product Standards [Abstract] [Download PDF]	May, 1996	with Chris Barrett, forthcoming in the Western Economic Association International in Seatle 1997.
Political Economy of Network Standardization [Abstract] [Download PDF]	1995 Fall	.
Nonconcave Network Externalities [Abstract] [Download PDF]	1995 Summer	Utah State University Economic Research Institute Study Paper #95-28 with Dr. Chris Barrett Presented in the WEA (Western Economic Association Internation) in San Francisco, 1996
Network Effects, Pricing Strategies, and Optimal Upgrade Time in Software Provision	1994 Fall	presented in the Seminar class in May, 1995. Presented in Missouri Valley Economic Association 32 annual conference in March, 1995
The Exploitation of Groundwater in Taiwan: with Game Theoretic View	1994 Winter	.
The Rice Production in Taiwan	1993 Winter	.

Research Plans [Back]

Title	Date	Notes
Continuous Structural Changes in US-Japan Exchange Rate Market: An Application of the Smoothing Transition Regression Model	March, 1997	.
Does Network Externalities Overcome the Problem of Time Inconsistency?	1996 Summer	with Dr. Terry Glover
Experimental Games in the presence of Network Externalities	1995 Summer	with Dr. Terry Glover
Network Effects, Pricing Strategies, and Optimal Upgrade Time in Duopolistic Software Industry	1995 Spring	the continued study on network externalities
The Land Reform in Taiwan: A review of former land reform policies	1995 Spring	.
The Linkage between the Network Markets	1994 Fall	with Jau-Rong Li

Please give me some suggestions:

Send me comments: yinyang@ms17.hinet.net

Some related interesting Web sites [Back]

Search on Yahoo:

Link to:

My Bookmark

1. International Agribusiness Marketing
2. Economics of Networks Internet Site created by Nicholas Economides
3. The Information Economy created by Hal Varian
4. Economics Working Paper Archive provided by Economics Department of Washington University
5. Glenn Woroch's Home Page some papers related to network issues.
6. Jens Kleinemeyer's Home Page Bibliography on Standards and Standardization
7. USU Department of Economics Homepage

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