作者:Jia, JM; Dyer, JS
作者单位:University of Texas System; University of Texas Austin
摘要:In this paper we propose a standard measure of risk that is based on the converted expected utility of normalized lotteries with zero-expected values. This measure of risk has many desirable properties that characterize the notion of risk. It is very general and includes many previously proposed measures of risk as special cases. Moreover, our standard measure of risk provides a preference-based and unified method for risk studies. Since the standard measure of risk is compatible with the meas...
作者:Brynjolfsson, E; Kemerer, CF
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要:Because of network externalities, the success of a software product may depend in part on stalled base and its conformance to industry standards. This research builds a hedonic model to determine the effects of network externalities, standards, intrinsic features and a time trend on microcomputer spreadsheet software prices. When data for a sample of products during the 1987-1992 time period were analyzed using this model, four main results emerged: 1) Network externalities, as measured by the...