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Voting on Standardisation


  • Goerke, Laszlo
  • Holler, Manfred J


This paper analyzes equilibria of voting on commodity standards within the framework of a Farrell-Saloner model that takes into consideration the trade-off between network effects and losses from a reduction of variety. Social welfare implications are derived and discussed with respect to manipulations of majority rules. The findings indicate that welfare implications of standards are highly sensitive to the decision procedure and that the choice of the decision rule is nontrivial as it can at least prevent worst outcomes if not guarantee optimal results. Copyright 1995 by Kluwer Academic Publishers

Suggested Citation

  • Goerke, Laszlo & Holler, Manfred J, 1995. "Voting on Standardisation," Public Choice, Springer, vol. 83(3-4), pages 337-351, June.
  • Handle: RePEc:kap:pubcho:v:83:y:1995:i:3-4:p:337-51

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    References listed on IDEAS

    1. Hamilton, Bruce W. & Macauley, Molly K., 1991. "Determinants and consequences of the private -- Public school choice," Journal of Urban Economics, Elsevier, vol. 29(3), pages 282-294, May.
    2. Thomas A. Husted & Lawrence W. Kenny, 2002. "The Legacy of Serrano: The Impact of Mandated Equal Spending on Private School Enrollment," Southern Economic Journal, Southern Economic Association, vol. 68(3), pages 566-583, January.
    3. Sandy, Jonathan, 1992. "Evaluating the public support for educational vouchers: A case study," Economics of Education Review, Elsevier, vol. 11(3), pages 249-256, September.
    4. David N. Figlio & Maurice E. Lucas, 2004. "What's in a Grade? School Report Cards and the Housing Market," American Economic Review, American Economic Association, vol. 94(3), pages 591-604, June.
    5. Omer Gokcekus & Joshua J. Phillips & Edward Tower, 2004. "School Choice: Money, Race, and Congressional Voting on Vouchers," Public Choice, Springer, vol. 119(1_2), pages 241-254, April.
    6. Zanzig, Blair R., 1997. "Measuring the impact of competition in local government education markets on the cognitive achievement of students," Economics of Education Review, Elsevier, vol. 16(4), pages 431-441, October.
    7. Brunner, Eric & Sonstelie, Jon & Thayer, Mark, 2001. "Capitalization and the Voucher: An Analysis of Precinct Returns from California's Proposition 174," Journal of Urban Economics, Elsevier, vol. 50(3), pages 517-536, November.
    8. Husted, Thomas A & Kenny, Lawrence W, 2000. "Evidence on the Impact of State Government on Primary and Secondary Education and the Equity-Efficiency Trade-Off," Journal of Law and Economics, University of Chicago Press, vol. 43(1), pages 285-308, April.
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    Cited by:

    1. Laszlo Goerke & Manfred Holler, 1998. "Strategic Standardization in Europe: A Public Choice Perspective," European Journal of Law and Economics, Springer, vol. 6(2), pages 95-112, September.

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    JEL classification:

    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General


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