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Internet Economics

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Overview

The Internet has rapidly become an important element of the economic system. The lack of accepted metrics for economic analysis of Internet transactions is therefore increasingly problematic. This book, one of the first to bring together research on Internet engineering and economics, attempts to establish such metrics.The chapters, which developed out of a 1995 workshop held at MIT, include architectural models and analyses of Internet usage, as well as alternative pricing policies. The book is organized into six sections: 1) Introduction to Internet
Economics, 2) The Economics of the Internet, 3) Interconnection and Multicast
Economics, 4) Usage Sensitive Pricing, 5) Internet Commerce, and 6) Internet
Economics and Policy.Contributors : Loretta Anania, Joseph P. Bailey, Nevil
Brownlee, David Carver, David Clark, David W. Crawford, Ketil Danielsen, Deborah
Estrin, Branko Gerovac, David Gingold, Jiong Gong, Alok Gupta, Shai Herzog, Clark
Johnson, Martyne M. Hallgren, Frank P. Kelly, Charlie Lai, Alan K. McAdams, Jeffrey
K. MacKie-Mason, Lee W. McKnight, Gennady Medvinsky, Liam Murphy, John Murphy, B.
Clifford Neuman, Jon M. Peha, Joseph Reagle, Mitrabarun Sarkar, Scott Shenker,
Marvin A. Sirbu, Richard Jay Solomon, Padmanabhan Srinagesh, Dale O. Stahl, Hal R.
Varian, Qiong Wang, Martin Weiss, Andrew B. Whinston.

The MIT Press

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What People Are Saying

From the Publisher

"The Internet raises new questions about the economics of networks andforces us to re-examine old questions in a new light. As such, the papersassembled here constitute some of the seminal contributions to a neweconomic sub-field, by the scholars who were among the first to notice andinvestigate these new questions. This book also explores issues which arecentral to the current policy debate surrounding the current re-write ofthis country's communications laws. The material presented is extremelyrelevant to a broad audience, including in particular policy-makers, aswell as the many business audiences which have a stake in the evolution ofcommunication networks. This work is an extremely significantcontribution." Francois Bar, Assistant Professor of Communication,
Stanford University

The MIT Press

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Product Details

  • ISBN-13: 9780262631914
  • Publisher: MIT Press
  • Publication date: 7/31/1998
  • Edition description: New Edition
  • Pages: 544
  • Product dimensions: 6.00 (w) x 9.00 (h) x 1.10 (d)

Meet the Author

Lee W. McKnight is Associate Professor in the School of Information Studies at
Syracuse University.
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Table of Contents

Preface
Acknowledgments
Introduction to Internet Economics
An Introduction to Internet Economics
Lee W. McKnight and Joseph P. Bailey
The Economics of the Internet
Economic FAQs About the Internet
Jeffrey K. MacKieMason and Hal R. Varian
The Economics of Layered Networks
Jiong Gong and Padmanabhan Srinagesh
Internet Pricing in Practice
Nevil Brownlee
FlatThe Minimalist Price
Loretta Anania and Richard Jay Solomon
Interconnection and Multicast Economics
Internet Cost Structures and Interconnection Agreements
Padmanabhan Srinagesh
The Economics of Internet Interconnection Agreements
Joseph P. Bailey
Sharing Multicast Costs
Shai Herzog, Scott Shenker, and Deborah Estrin
Usage Sensitive Pricing
Internet Cost Allocation and Pricing
David Clark
Charging and Accounting for Bursty Connections
Frank P. Kelly
Responsive Pricing in the Internet
Jeffrey K. MacKieMason, Liam Murphy, and John Murphy
User Control and IP Allocation
Ketil Danielsen and Martin Weiss
Priority Pricing of Integrated Services Networks
Alok Gupta, Dale O. Stahl, and Andrew B. Whinston
Optimal Pricing for Integrated Services Networks
Qiong Wang, Jon M. Peha, and Marvin A. Sirbu
Internet Commerce
Internet Services: A Market for Bandwidth or Communication?
David W. Crawford
Internet Payment Services
B. Clifford Neuman and Gennady Medvinsky
Endorsements, Licensing, and Insurance for Distributed Services
Charlie Lai, Gennady Medvinsky, and B. Clifford Neuman
Information Security for InternetCommerce
Lee McKnight with Richard Solomon, Joseph Reagle, David Carver,
Clark Johnson, Branko Gerovac, and David Gingold

Internet Economics and Policy
The Economic Efficiency of Internet Public Goods
Martyne M. Hallgren and Alan K. McAdams
Internet Pricing: A Regulatory Imperative
Mitrabarun Sarkar
Acronyms
Contributors
IndeX
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