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Standards and Public Policy


As part of its commitment to fostering a smooth transition to the next generation of payment systems, the Federal Reserve Bank of Chicago's Payment Studies Group sponsors cutting-edge research in a variety of areas.

Because technological standards are a key issue in many payments markets, the Federal Reserve Bank of Chicago is sponsoring a long-term research project aimed at improving understanding of the policy issues involving standards. The first part of the project resulted in a conference held at the Federal Reserve Bank of Chicago in May, 2004.

The end result of this project will be a book entitled Standards and Public Policy, which will be published by Cambridge University Press. The book collects a series of papers on this important topic. Shane Greenstein and Victor Stango (formerly of the Federal Reserve Bank of Chicago) are editors of the volume. To invite comments on chapters of the book prior to publication, the Federal Reserve Bank of Chicago is providing links below to draft chapters.

Standards and Public Policy

Introduction
(PDF,60KB)
Shane Greenstein, Northwestern University and Victor Stango, Tuck School at Dartmouth

Chapter 1
Standard Setting in Markets: The Browser War
(PDF, 217KB)
Pai-Ling Yin, Harvard Business School and Tim Bresnahan, Stanford University

Chapter 2
Competition through Institutional Form: The Case of Cluster Tool Standards
(PDF, 223KB)
Dick Langlois, University of Connecticut

Chapter 3
The Concomic Realities of Open Standards: Black, White, and Many Shades of Gray
(PDF,133KB)
Joel West, San Jose State University

Chapter 4
Coordination vs. Differentiation in a Standards War: Lessons from 56k Modems (PDF, 222KB)
Shane Greenstein, Northwestern University and Marc Rysman, Boston University

Chapter 5
Promoting E-Business through Vertical IS Standards: Lessons from the U.S. Home Mortgage Industry
(PDF, 265KB)
Charles Steinfield, Michigan State University, Rolf Wigand, University of Arkansas, M. Lynne Markus, Bentley College, and Gabe Minton, Mortgage Bankers Association of America

Chapter 6
Intellectual Property and Standardization Committee Participation in the U.S. Modem Industry
(PDF, 181KB)
Neil Gandal, Tel Aviv University, Michigan State University, and Center for Economic Policy Research, Nataly Gantman, Tel Aviv University and David Genesove, Hebrew University and Center for Economic Policy Research

Chapter 7
Manipulating Interface Standards as an Anticompetitive Strategy
(PDF, 276KB)
Jeff Mackie-Mason, University of Michigan and Janet Netz, ApplEcon, L.L.C.

Chapter 8
Delay and De Jure Standardization: Exploring the Slowdown in Internet Standards Development
(PDF, 252KB)
Tim Simcoe, University of California at Berkeley

Chapter 9
Standardization: A Failing Paradigm
(PDF, 241KB)
Carl Cargill, Sun Microsystems

Chapter 10
Standards Battles and Public Policy
(PDF, 182KB)
Luis Cabral, New York University and Tobias Kretschmer, London School of Economics

Chapter 11
Switching to Digital Television: Business and Public Policy Issues
(PDF, 332KB)
Marco Ottavianni, London Business School

Chapter 12
Should Competition Policy Favor Compatibility?
(PDF,68KB)
Joe Farrell, University of California at Berkeley

 
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Victor Stango
Tuck School at Dartmouth
(603) 646-0620
E-mail
Shane Greenstein
Kellogg Graduate School of
Management
(847) 467-5672
E-mail