Technology Adoption in the Presence of Network Externalities: A Web-Based Classroom Game

  title={Technology Adoption in the Presence of Network Externalities: A Web-Based Classroom Game},
  author={James R. Wolf and ThomasE . Portegys},
  journal={Economics Educator: Courses},
This paper describes a customizable classroom game used to demonstrate the effects of network externalities on the adoption of new technologies. The game is a web-based adaptation of Ruebeck et al.'s [Ruebeck, C. S., N. Stafford, W. Tynan, G. Alpert, Ball, B. Butkevich. 2003. Network externalities and standardization: A classroom demonstration. Southern Econom. J.69 1000--1008] network externalities game. The web-based game is freely available and can be played in a networked lab setting or via… 
Using Experiments in Teaching and Explaining the Role of Network Externalities in Technology Adoption and Industry Evolution
The experiment explained in this paper helps students to understand the importance of network externalities in the evolution of industries and technology. Complex enough to permit exploration of the
Network Externalities and Compatibility Among Standards: A Replicator Dynamics and Simulation Analysis
The importance of network externalities for the development of technology and industry structure has been recognized in evolutionary economic for a long time. However, network externalities are no
Going Green: Framing Effects in a Dynamic Coordination Game
The experiment suggests general support for ‘going green’, but it also finds evidence for anchoring of beliefs by green framing; proponents and opponents stick to their initial strategies.
Competing on Freemium: Digital Competition with Network Effects
“Freemium” product strategies—where a free basic version of a product is offered alongside a full “premium” paid version—are often used by companies to attempt to increase the size of their user base
Challenging the Incumbent: The Impact of Product Quality and Network Effects
This work explores the implications of product quality and network effect on the decision of a firm to enter a market with the goal of displacing an already entrenched incumbent. A conceptual model
Throwing a Party : Contracting with Type dependent Externalities
We model situations in which a principal provides incentives to a group of agents to participate in a project (such as a social event or a commercial activity). Agents’bene…ts from participation


Network Externalities and Standardization: A Classroom Demonstration
This paper presents a classroom game that can be used to demonstrate network externalities, standardization, and switching costs. In the basic game, students independently choose a technology whose
Reputations in Markets With Asymmetric Information: A Classroom Game
The authors describe a classroom game used to teach students about the impact of reputations in markets with asymmetric information. The game is an extension of Holt and Sherman's lemons market game
Network Externalities, Competition, and Compatibility
Reputations in Markets with Asymmetric
  • 2005