Abstract

https://ssrn.com/abstract=2809676
 


 



Moore's Law, Metcalfe's Law, and the Theory of Optimal Interoperability


Christopher S. Yoo


University of Pennsylvania Law School; University of Pennsylvania - Annenberg School for Communication; University of Pennsylvania - School of Engineering and Applied Science

2015

Colorado Technology Law Journal, Vol. 14, Pg. 87, 2015
U of Penn, Inst for Law & Econ Research Paper No. 16-7

Abstract:     
Many observers attribute the Internet’s success to two principles: Moore’s Law and Metcalfe’s Law. These precepts are often cited to support claims that larger networks are inevitably more valuable and that costs in a digital environment always decrease. This Article offers both a systematic description of both laws and then challenges the conventional wisdom by exploring their conceptual limitations. It also explores how alternative mechanisms, such as gateways and competition, can permit the realization benefits typically attributed to Moore’s Law and Metcalfe’s Law without requiring increases in network size.

Number of Pages in PDF File: 17

Keywords: Telecommunications law and policy, digital technologies, network economic effects, efficiencies, Moore’s Law, Metcalfe’s Law, economies of scale, diminishing returns, Zipf’s Law, standards, protocols, heterogeneity of consumer preference

JEL Classification: K23, L51, L96, L98, O31, O32, O38


Open PDF in Browser Download This Paper

Date posted: July 14, 2016  

Suggested Citation

Yoo, Christopher S., Moore's Law, Metcalfe's Law, and the Theory of Optimal Interoperability (2015). Colorado Technology Law Journal, Vol. 14, Pg. 87, 2015 ; U of Penn, Inst for Law & Econ Research Paper No. 16-7. Available at SSRN: https://ssrn.com/abstract=2809676

Contact Information

Christopher S. Yoo (Contact Author)
University of Pennsylvania Law School ( email )
3501 Sansom St.
Philadelphia, PA 19104-6204
United States
(215) 746-8772 (Phone)
HOME PAGE: http://www.law.upenn.edu/faculty/csyoo/
University of Pennsylvania - Annenberg School for Communication ( email )
3620 Walnut St.
Philadelphia, PA 19104-6220
United States
(215) 746-8772 (Phone)
University of Pennsylvania - School of Engineering and Applied Science ( email )
3330 Walnut St.
Philadelphia, PA 19104-6309
United States
(215) 746-8772 (Phone)
Feedback to SSRN


Paper statistics
Abstract Views: 223
Downloads: 64
Download Rank: 277,761