Models of Technology Coordination

Kód výsledku v 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>

Nalezeny alternativní kódy

RIV/61384399:31140/21:00056740

Výsledek na webu

<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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Jazyk výsledku

angličtina

Název v původním jazyce

Models of Technology Coordination

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Models of Technology Coordination

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2021

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

39th International Conference on Mathematical Methods in Economics

ISBN

9788021331266

ISSN

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e-ISSN

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Počet stran výsledku

6

Strana od-do

89-94

Název nakladatele

Czech University of Life Sciences Prague

Místo vydání

Prague

Místo konání akce

Prague

Datum konání akce

8. 9. 2021

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000936369700014