By Martin Peitz, Joel Waldfogel
The industrial research of the electronic economic system has been a quickly constructing study sector for greater than a decade. via authoritative exam by way of prime students, this instruction manual takes a better examine specific industries, enterprise practices, and coverage matters linked to the electronic undefined. the quantity bargains an updated account of key themes, discusses open questions, and gives counsel for destiny examine. It deals a mix of theoretical and empirical works which are critical to realizing the electronic financial system. The chapters are offered in 4 sections, corresponding with 4 wide issues: 1) infrastructure, criteria, and systems; 2) the transformation of promoting, encompassing either the transformation of conventional promoting and new, common program of instruments reminiscent of auctions; three) user-generated content material; and four) threats within the new electronic environment.
The first part covers infrastructure, criteria, and numerous platform industries that count seriously on contemporary advancements in digital info garage and transmission, together with software program, games, fee structures, cellular telecommunications, and B2B trade. the second one part takes account of the lowered expenses of on-line retailing that threatens offline shops, frequent availability of knowledge because it impacts pricing and advertisements, electronic expertise because it permits the frequent employment of novel fee and non-price ideas (bundling, expense discrimination), and auctions. The 3rd part addresses the emergent phenomenon of user-generated content material on the net, together with the functioning of social networks and open resource. The fourth part discusses threats coming up from digitization and the net, specifically electronic piracy, privateness, and safeguard matters.
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Since US average household size is much larger than average household size in other countries, the figure gives the false impression that US residences have less access to broadband than is actually accurate. ) These come from Greenstein and McDevitt (2011). ) For sources, see Greenstein and McDevitt (2009, 2011). , Federal Communications Commission (2010b), or Marcus (2008). com/. , Gawer (2009) or Evans, Haigu and Schmalensee (2006). The inventors and DARPA administrators anticipated a benefit from this design: others would build applications, though these inventors did not presume to know what those applications would do specifically.
For more information, see Greenstein (2006). ) For further discussion, see the chapter 3 by Hagiu, this volume. org/. ) For one interesting account of the changing ratio of “suits to beards” at the IETF, see Simcoe (2007, 2010). For an account of the manipulation of hearings at the IEEE, see Mackie-Mason and Netz (2007). ) Federal Communications Commission (2010a). ) See Marcus (2008) and Marcus and Elixmann (2008). These are analyzed by, among others, Goldstein (2005), Greenstein (2007b), and Odlyzko (2010).
The inventors and DARPA administrators anticipated a benefit from this design: others would build applications, though these inventors did not presume to know what those applications would do specifically. , Bresnahan and Greenstein (1999), or Dedrick and West (2001). , Bresnahan (1999). , Gawer and Cusumano (2002) or Gawer and Henderson (2007). For example, the caching, indexing, and underlying engineering tweaking activities remain hidden from public view. (2011). ) For an account of this decision, see Burgelman (2007).