Cover: Compatibility Standards, Competition, and Innovation in the Broadcasting Industry

Compatibility Standards, Competition, and Innovation in the Broadcasting Industry

Published 1986

by Stanley Besen, Leland Johnson

Download

Download eBook for Free

FormatFile SizeNotes
PDF file 8.1 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.

Purchase

Purchase Print Copy

 Format Price
Add to Cart Paperback156 pages $30.00

This study surveys the theoretical literature dealing with the economics of compatibility standard setting and, using that literature as an analytic framework, it investigates a number of cases of standard setting in the broadcasting industry. These cases include both point-to-multipoint services (e.g. broadcast television) and point-to-point services (e.g. cellular radio). The goal is a better understanding of (1) the conditions under which compatibility standards are likely to be established through market forces, (2) the role that government agencies should play in mandating standards or in other ways encouraging standard setting, and (3) the conditions under which compatibility among technologies is economically efficient. Among its conclusions are that formal standard setting, either by government or private bodies, may be especially important where users lack knowledge of the preferences of others and where no technology is clearly preferred, and that mandatory standard setting should be avoided during the times when the technologies in question are rapidly changing. In addition, the justification for mandatory standards is weakest in cases where a particular technology has widely varying uses.

This report is part of the RAND report series. The report was a product of RAND from 1948 to 1993 that represented the principal publication documenting and transmitting RAND's major research findings and final research.

This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.

RAND is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.