FIALA, Petr and Renata MAJOVSKÁ. Models of Technology Coordination. In Robert Hlavatý. 39th International Conference on Mathematical Methods in Economics. 1st ed. Prague: Czech University of Life Sciences Prague. p. 89-94. ISBN 978-80-213-3126-6. 2021.
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Basic information
Original name Models of Technology Coordination
Name in Czech Modely technologické koordinace
Authors FIALA, Petr (203 Czech Republic, guarantor) and Renata MAJOVSKÁ (203 Czech Republic, belonging to the institution).
Edition 1st ed. Prague, 39th International Conference on Mathematical Methods in Economics, p. 89-94, 6 pp. 2021.
Publisher Czech University of Life Sciences Prague
Other information
Original language English
Type of outcome Proceedings paper
Field of Study 50204 Business and management
Country of publisher Czech Republic
Confidentiality degree is not subject to a state or trade secret
Publication form printed version "print"
WWW URL
RIV identification code RIV/04274644:_____/21:#0000966
Organization unit University of Finance and Administration
ISBN 978-80-213-3126-6
UT WoS 000936369700014
Keywords (in Czech) sítě; technologie; koordinace; hry
Keywords in English networks; technology; coordination; games
Tags AR 2021-2022, odmeny_2022, POZNÁMKA, RIV_2024, xD1, xD1_překvalifikování, xD2
Tags International impact, Reviewed
Changed by Changed by: Bc. Jan Peterec, učo 24999. Changed: 13/2/2024 09:14.
Abstract
Abstract. Changes in the current economy are caused by changes in the technological field, especially in information and communication technologies. These changes cause a strong network of economic subjects. The network becomes the basic structure of relationships and brings some specifics to which it is necessary to respond if economic entities want to stay in the current business. Specific network effects can be observed for both physical networks and virtual networks of users of the same products. Individually rational technology decisions can lead to collectively inefficient results when network externalities exist. Game theory provides tools for coordination analysis. The paper presents models of technology coordination based on a coordination game. Arthur's basic model is presented and generalized to model with convertors and models with prices. Technology compatibility affects the selection of standards and social wellfare.
Abstract (in Czech)
Změny v současné ekonomice jsou způsobeny změnami v technologické oblasti, zejména v informačních a komunikačních technologiích. Tyto změny způsobují silnou síť ekonomických subjektů. Síť se stává základní strukturou vztahů a přináší některá specifika, na která je nutné reagovat, chtějí-li ekonomické subjekty setrvat v dosavadním podnikání. Specifické síťové efekty lze pozorovat jak u fyzických sítí, tak u virtuálních sítí uživatelů stejných produktů. Individuálně racionální technologická rozhodnutí mohou vést ke kolektivně neefektivním výsledkům, pokud existují síťové externality. Teorie her poskytuje nástroje pro koordinační analýzu. Článek představuje modely technologické koordinace založené na koordinační hře. Arthurův základní model je představen a zobecněn na model s převodníky a modely s cenami. Technologická kompatibilita ovlivňuje výběr standardů a sociální blahobyt.
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