Models of Technology Coordination
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F21%3A%230000966" target="_blank" >RIV/04274644:_____/21:#0000966 - isvavai.cz</a>
Alternative codes found
RIV/61384399:31140/21:00056740
Result on the web
<a href="https://mme2021.v2.czu.cz/en/r-16791-news-mme-2021/proceedings-of-the-39-th-international-conference-on-mme-202.html" target="_blank" >https://mme2021.v2.czu.cz/en/r-16791-news-mme-2021/proceedings-of-the-39-th-international-conference-on-mme-202.html</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Models of Technology Coordination
Original language description
Abstract. Changes in the current economy are caused by changes in the technological field, especially in information and communication technologies. These changes cause a strong network of economic subjects. The network becomes the basic structure of relationships and brings some specifics to which it is necessary to respond if economic entities want to stay in the current business. Specific network effects can be observed for both physical networks and virtual networks of users of the same products. Individually rational technology decisions can lead to collectively inefficient results when network externalities exist. Game theory provides tools for coordination analysis. The paper presents models of technology coordination based on a coordination game. Arthur's basic model is presented and generalized to model with convertors and models with prices. Technology compatibility affects the selection of standards and social wellfare.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
39th International Conference on Mathematical Methods in Economics
ISBN
9788021331266
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
89-94
Publisher name
Czech University of Life Sciences Prague
Place of publication
Prague
Event location
Prague
Event date
Sep 8, 2021
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000936369700014