The Economics of E-Commerce and Networking Decisions Applications and Extensions of Inframarginal Analysis

by Ng, Yew-Kwang; Shi, Heling; Sun, Guang-Zhen

• ISBN13: 9780333999325
• ISBN10: 0333999320
• Format: Hardcover
• Copyright: 2004-03-18
• Publisher: Palgrave Macmillan

Summary

This volume is a collection of selected papers using the framework of inframarginal analysis of the division of labour held at Monash University on 6-7 July 2001.This framework, pioneered mainly by Professor Xiaokai Yang, (with joint researches involving all the three editors and many of the authors),has been recommended by Professor James Buchanan (Nobel Laureate in Economics) as the most important analysis in economics in the world today.

Author Biography

Yew-Kwang NG has been a fellow of the Academy of Social Sciences in Australia since 1980.

Heling Shi is a Senior Lecturer in Economics, Monash University.

Guang-Zhen Sun is Logan Fellow in Economics, Monash University and Assistant Professor of Economics, the University of Macau, with a Ph.D in economics from Monash University (1999).

Table of Contents

Notes on the contributors	vii
Preface	x
1 Introduction	1	(8)
Yew-Kwang Ng
Part I Keynote Speeches	9	(44)
2 Inframarginal Versus Marginal Analysis of Networking Decisions and E-Commerce	11	(13)
Yew-Kwang Ng
3 A Review of the Literature of Inframarginal Analysis of Network of Division of Labour	24	(31)
Xiaokai Yang
Part II E-Commerce	53	(116)
4 E-Commerce, Transaction Cost and the Network of Division of Labour: a Business Perspective	55	(14)
Heling Shi and Hayden Mathysen
5 An Equilibrium Model of Hierarchy	69	(32)
Xiaokai Yang
6 A General Equilibrium Model with Impersonal Networking Decisions and Bundling Sales	101	(33)
Ke Li
7 Legislation, Electronic Commerce and the Common Law: the Growing Legislative Framework, How It Compares Internationally, and Its Failings In Australia	134	(17)
Andrew Field
8 E-Commerce in China: Problems and Potential	151	(20)
John Wong and Wong Chee Kong
Part III Impersonal Networking and Endogenous Specialization: Theory and Applications	169	(96)
9 Towards a Theory of Impersonal Networking Decisions and Endogenous Structure of the Division of Labour	171	(24)
Guang-Zhen Sun, Xiaokai Yang and Shuntian Yao
10 Identification of Equilibrium Structures of Endogenous Specialization: a Unified Approach Exemplified	195	(19)
Guang-Zhen Sun
11 Transaction Efficiency, Division of Labour and Foreign Direct Investment: a Unified Model	214	(34)
Dexin Yang
12 The Division of Labour and the Allocation of Time	248	(17)
Monchi Lio
Part IV Transaction Costs and the Division of Labour: Measurement and Empirical Analysis	265	(63)
13 An Indirect Approach to the Identification and Measurement of Transaction Costs	267	(31)
George Rivers
14 An Empirical Study on the Division of Labour and Economic Structural Changes	298	(13)
Monchi Lio and Meng-chun Liu
15 Endogenous Transaction Costs and Division of Labour	311	(17)
Xiaokai Yang and Yimin Zhao
Index	328