Published online by Cambridge University Press: 03 March 2009
1 This dissertation was completed in 1991 at the Economics Department of Stanford University under the supervision of Paul A. David. Research was supported in part by a grant from the Pacific Coast Chapter of the Railway and Locomotive Historical Society.
2 “Network externalities” are benefits conveyed among members of a common network. An agent's realization of such benefits often depends on adopting a technology (here, gauge) that permits it to be integrated into the network.