This article surveys a variety of topics that are related to network economics. Topics covered include: consumer demand under
network effects, compatibility decisions and standardization, technology advances in network industries, two-sided markets,
information networks and intellectual property, and social influence.
Keywords Survey – Network economics – Network industries – Network effects – Network externalities
JEL Classification D4 – L1 – L8 – Z1
Oz Shy—The views and opinions expressed in this paper are those of the author and do not necessarily represent the views of
the Federal Reserve Bank of Boston or the Federal Reserve System.