Internet and Digital Economics: Principles, Methods and Applications

by Edited by Eric Brousseau , Nicolas Curien

• ISBN13: 9780521671842
• ISBN10: 0521671841
• Edition: 1st
• Format: Paperback
• Copyright: 2008-10-27
• Publisher: Cambridge University Press

Summary

How are our societies being transformed by internet and digital economics? This book provides an accessible introduction to the economics of the internet and a comprehensive account of the mechanisms of the digital economy. Leading scholars examine the original economic and business models being developed as a result of the internet system, and explore their impact on our economies and societies. Key issues are analysed, including the development of open source software and on-line communities, peer-to-peer and online sharing of cultural goods, electronic markets and the rise of new information intermediaries, e-retailing and e-banking. The volume examines how internet and digital economics have transformed the organization of firms, industries, markets, commerce, modes of distribution, money, finance, and innovation processes, and provides the analytical tools to understand both these recent transformations and the likely future directions of the 'New Economy'.

Author Biography

Eric Brousseau is Professor of Economics at the University of Paris X. Nicolas Curien serves as Commissioner for the French Regulation Commission for Electronic Communications and Postal Services (ARCEP). He is also Professor of Economics at the Conservatorie National des Arts er Metiers, Paris.

Table of Contents

List of figures	p. x
List of tables	p. xiii
Notes on contributors	p. xiv
Acknowledgements	p. xxv
Internet economics, digital economics	p. 1
Toward a new economy?	p. 57
Evolution of the new economy business model	p. 59
Discourse on the new economy - passing fad or mobilizing ideology?	p. 114
The Internet boom in a corporate finance retrospective	p. 142
On-Line communities	p. 171
Information goods and online communities	p. 173
Online consumer communities: escaping the tragedy of the digital commons	p. 201
Network cooperation and incentives within online communities	p. 220
Network externalities and market microstructures	p. 237
The Internet and network economics	p. 239
E-commerce, two-sided markets and info-mediation	p. 268
The economics and business models of prescription in the Internet	p. 291
Producing, distributing and sharing information goods	p. 311
Bundling and competition on the Internet	p. 313
Pricing information goods: free vs. pay content	p. 345
Open software: knowledge openness and cooperation in cyberspace	p. 368
Simulating code growth in Libre (open source) mode	p. 391
How e-markets perform	p. 423
Economic insights from Internet auctions	p. 425
Consumer search and pricing behavior in Internet markets	p. 460
Are neighbors welcome? E-buyer search, price competition and coalition strategy in Internet retailing	p. 484
Bidding and buying on the same site	p. 510
Evolving institutional infrastructures	p. 537
An economic analysis of conflicts resolution in cyberspace	p. 539
Payment and the Internet: issues and research perspectives in economics of banking	p. 569
Electronization of Nasdaq: will market makers survive?	p. 588
Multi-level governance of the digital space: does a "second rank" institutional framework exist?	p. 617
The impacts of the Internet at the macro level	p. 649
Mobile telephony and Internet growth: impacts on consumer welfare	p. 651
Globalization, the Internet and e-business: convergence or divergence in cross-country trends?	p. 663
ICTs and inequalities: the digital divide	p. 693
References	p. 718
Index	p. 777
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