Archive for August, 2009

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Links 08/26/2009

August 26, 2009
  • This paper discusses the design, implementation and use of standards from the perspective of transaction costs economics. A proper design and implementation of standards may lead to a considerable reduction of transaction costs, which enhances trade and, consequently, economic welfare. A major example is the use of containers, which has drastically changed the worldwide transport infrastructure, and lowered the costs of transport of goods considerably. The example of containers also shows that network externalities play a major role in the use of standards, and that, on the other hand, worldwide standards with large sunk investment costs may lead to a lock-in. This may call for government intervention in the design and use of standards, and in the transition processes to new standards. The paper provides ample further examples of standards and on the role of the government, or clubs, with respect to these standards.

    tags: standards

Posted from Diigo. The rest of my favorite links are here.

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Links 08/12/2009

August 12, 2009
  • The Internet community has specified a large number of protocols to date, and these protocols have achieved varying degrees of success. Based on case studies, this document attempts to ascertain factors that contribute to or hinder a protocol’s success. It is hoped that these observations can serve as guidance for future protocol work.

    tags: standards

Posted from Diigo. The rest of my favorite links are here.

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Links 08/07/2009

August 7, 2009
  • Trade organizations, which are governed and directed by competitors and potential competitors, have long been recognized as having the potential to foster anti-competitive behavior in violation of state and federal antitrust laws. In March of 2009, the Federal Trade Commission announced an action that highlights this risk and suggests steps that trade organizations should take to prevent antitrust violations.

    The FTC’s action came in proceeding called In re National Association of Music Merchants, Inc. NAMM is a nonprofit corporation made up of 9,000 companies that manufacture, wholesale and retail musical instruments in the U.S. According to the FTC’s complaint, NAMM organized and sponsored numerous events where industry companies shared detailed cost, price and margin information, discussed strategies for enforcing “maximum advertised price” programs and other methods to increase retail pricing and margins in the sale of musical instruments.

    tags: standards, ftc

Posted from Diigo. The rest of my favorite links are here.