Internet and Digital Economics: Principles, Methods and Applications

Internet and Digital Economics: Principles, Methods and Applications

by Eric Brousseau
     
 

ISBN-10: 0521855918

ISBN-13: 9780521855914

Pub. Date: 07/31/2007

Publisher: Cambridge University Press

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 business models being developed as a result of the Internet system, and explore their impact on our…  See more details below

Overview

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 business models being developed as a result of the Internet system, and explore their impact on our economics and societies. Key issues are analyzed, including the development of open source software and online sharing of cultural goods, electronic markets, and the rise of new information intermediaries, e-retailing and e-banking. This volume examines how Internet and digital economics have transformed the organization of firms, Industries, markets, commerce, modes of distribution, money, finance, and innovation processes. It provides the analytical tools to understand both these recent transformations and the likely future directions of the "New Economy."

Product Details

ISBN-13:
9780521855914
Publisher:
Cambridge University Press
Publication date:
07/31/2007
Edition description:
First Edition
Pages:
822
Product dimensions:
5.98(w) x 8.98(h) x 1.97(d)

Table of Contents

List of figures x

List of tables xiii

Notes on contributors xiv

Acknowledgements xxv

1 Internet economics, digital economics Eric Brousseau Nicolas Curien 1

Toward a new economy? 57

2 Evolution of the new economy business model William Lazonick 59

3 Discourse on the new economy - passing fad or mobilizing ideology? Patrice Flichy 114

4 The Internet boom in a corporate finance retrospective Ulrich Hege Sébastien Michenaud 142

Part II On-Line communities 171

5 Information goods and online communities Michel Gensollen 173

6 Online consumer communities: escaping the tragedy of the digital commons Nicolas Curien Emmanuelle Fauchart Gilbert Laffond Francois Moreau 201

7 Network cooperation and incentives within online communities Goefroy Dang Nguyen Thierry Penard 220

Part III Network externalities and market microstructures 237

8 The Internet and network economics Nicholas Economides 239

9 E-commerce, two-sided markets and info-mediation Alex Gaudeul Bruno Jullien 268

10 The economics and business models of prescription in the Internet Pierre-Jean Benghozi Thomas Paris 291

Part IV Producing, distributing and sharing information goods 311

11 Bundling and competition on the Internet Yannis Bakos Erik Brynjolfsson 313

12 Pricing information goods: free vs. pay content Marc Bourreau Virginie Lethiais 345

13 Open software: knowledge openness and cooperation in cyberspace Dominique Foray Sylvie Thoron Jean-Beno&ihat;t Zimmermann 368

14 Simulating code growth in Libre (open source) mode Jean-Michel Dalle Paul A. David 391

Part V How e-markets perform 423

15 Economic insights from Internet auctions Patrick Bajari Ali Horta&czeta;su425

16 Consumer search and pricing behavior in Internet markets Maarten C. W. Janssen Jose Luis Moragan Gonzalez Matthijs R. Wildenbeest 460

17 Are neighbors welcome? E-buyer search, price competition and coalition strategy in Internet retailing Jacques Laye Herve Tanguy 484

18 Bidding and buying on the same site Marc Bourreau Christian Licoppe 510

Part IV Evolving institutional infrastructures 537

19 An economic analysis of conflicts resolution in cyberspace Bruno Deffains Yannick Gabuthy Phillippe Fenoglio 539

20 Payment and the Internet: issues and research perspectives in economics of banking David Bounie Pierre Gaze 569

21 Electronization of Nasdaq: will market makers survive? Delphine Sabourin Thomas Serval 588

22 Multi-level governance of the digital space: does a "second rank" institutional framework exist? Eric Brousseau 617

Part VII The impacts of the Internet at the macro level 649

23 Mobile telephony and Internet growth: impacts on consumer welfare Gary Madden Michael Schip Joachim Tan 651

24 Globalization, the Internet and e-business: convergence or divergence in cross-country trends? Kenneth L. Kraemer Jason Dedrick 663

25 ICTs and inequalities: the digital divide Alain Rallet Fabrice Rochelandet 693

References 718

Index 777

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