| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3791 |
| DP3791 The Economic Effects of the 1918 Influenza Epidemic | |
| Elizabeth Brainerd; Mark V Siegler | |
| 发表日期 | 2003-02-23 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | The conventional wisdom is that indirect network effects, unlike direct network effects, do not give rise to externalities. In this Paper we show that under very general conditions, indirect network effects lead to adoption externalities. In particular we show that in markets where consumption benefits arise from hardware/software systems, adoption externalities will occur when there are (i) increasing returns to scale in the production of software, (ii) free-entry in software, and (iii) consumers have a preference for software variety. The private benefit of the marginal hardware purchaser is less than the social benefit since the marginal hardware purchaser does not internalize the welfare improving response of the software industry, particularly the increase in software variety, on inframarginal purchasers when the market for hardware expands. |
| 主题 | Industrial Organization |
| 关键词 | Network externalities Network effects |
| URL | https://cepr.org/publications/dp3791 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532789 |
| 推荐引用方式 GB/T 7714 | Elizabeth Brainerd,Mark V Siegler. DP3791 The Economic Effects of the 1918 Influenza Epidemic. 2003. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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