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Exploration and Exploitation in Organizational Learning
- Scott R. Herriott, Daniel A. Levinthal, C. Shapiro
- Business
- 2007
Information rules - a strategic guide to the network economy
- C. Shapiro, H. Varian
- Economics
- 1998
TLDR
Equilibrium Unemployment as a Worker Discipline Device
- C. Shapiro, J. Stiglitz
- Economics
- 1984
Involuntary unemployment appears to be a persistent feature of many modern labor markets. The presence of such unemployment raises the question of why wages do not fall to clear labor markets. In…
Horizontal Mergers: An Equilibrium Analysis
- Joseph Farrell, C. Shapiro
- Economics
- 16 June 1988
The authors analyze horizontal mergers in Cournot oligopoly. They find general conditions under which such mergers raise price, and show that any merger not creating synergies raises price. The…
Premiums for High Quality Products as Returns to Reputations
- C. Shapiro
- Economics, Business
- 1 November 1983
This paper derives an equilibrium price-quality schedule for markets in which buyers cannot observe product quality prior to purchase. In such markets there is an incentive for sellers to reduce…
Navigating the Patent Thicket: Cross Licenses, Patent Pools, and Standard Setting
- C. Shapiro
- EconomicsInnovation Policy and the Economy
- 1 January 2000
TLDR
Systems Competition and Network Effects
- M. Katz, C. Shapiro
- Economics, Business
- 1 May 1994
This paper discusses firm behavior, market performance, and the public and private institutions that arise in systems markets, i.e., markets where consumers use compatible components together to…
Technology Adoption in the Presence of Network Externalities
- M. Katz, C. Shapiro
- Business, EconomicsJournal of Political Economy
- 1 August 1986
We analyze technology adoption in industries where network externalities are significant. The pattern of adoption depends on whether technologies are sponsored. A sponsor is an entity that has…
Informative Advertising with Differentiated Products
- G. Grossman, C. Shapiro
- Business, Economics
- 1984
In this paper we study the role of promotional expenditures by sellers in a model of product differentiation. Advertising conveys full and accurate information about the characteristics of products.…
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