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Co-opetition in Standard-Setting: The Case of the Compact DiscTobias KretschmerLudwig-Maximilians-Universität Munich - Faculty of Business Administration (Munich School of Management); CESifo (Center for Economic Studies and Ifo Institute for Economic Research) - Ifo Institute for Economic Research; London School of Economics & Political Science (LSE) - Centre for Economic Performance (CEP) Katrin MuehlfeldUniversity of Groningen - Faculty of Economics and Business; London School of Economics & Political Science (LSE) - Interdisciplinary Institute of Management October 2004 NET Institute Working Paper No. 04-14 Abstract: The success of the CD has (partly) been attributed to the ability of Sony, Philips and Matsushita to cooperate in the run-up to the DAD conference in 1981, where the technological standard was set. We model the situation leading up to the conference in a simple game with technological progress and the possibility of prelaunching a technology. We identify players' tradeoffs between prelaunching (which ends technological progress) and continued development (which involves the risk of being pre-empted). Contrasting outcomes with complete and incomplete information, we find that there appeared to be considerable uncertainty about rivals' technological progress.
Number of Pages in PDF File: 32 working papers seriesDate posted: November 15, 2004Suggested CitationContact Information
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