Keyword: expectation
Easy Money Is Anything but Easy (2/22/2012)
Easy money has unintended consequences.
Keywords: asset bubble, capital flows, expectation, floating exchange rate, monetary policy
Systems Competition and Network Effects (9/26/2000)
A dominant network based on a near universal standard can internalize a great deal of system externality to the benefits of network users and can persist even in the face of technically superior competing networks.
Keywords: compatibility, complementary products, coordination, expectation, network externality, system