Understanding the Digital Economy

Understanding the Digital Economy PDF Author: Erik Brynjolfsson
Publisher: MIT Press
ISBN: 9780262523301
Category : Business & Economics
Languages : en
Pages : 412

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Book Description
The rapid growth of electronic commerce, along with changes in information, computing, and communications, is having a profound effect on the United States economy. President Clinton recently directed the National Economic Council, in consultation with executive branch agencies, to analyze the economic implications of the Internet and electronic commerce domestically and internationally, and to consider new types of data collection and research that could be undertaken by public and private organizations. This book contains work presented at a conference held by executive branch agencies in May 1999 at the Department of Commerce. The goals of the conference were to assess current research on the digital economy, to engage the private sector in developing the research that informs investment and policy decisions, and to promote better understanding of the growth and socioeconomic implications of information technology and electronic commerce. Aspects of the digital economy addressed include macroeconomic assessment, organizational change, small business, access, market structure and competition, and employment and the workforce.

Understanding the Digital Economy

Understanding the Digital Economy PDF Author: Erik Brynjolfsson
Publisher: MIT Press
ISBN: 9780262523301
Category : Business & Economics
Languages : en
Pages : 412

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Book Description
The rapid growth of electronic commerce, along with changes in information, computing, and communications, is having a profound effect on the United States economy. President Clinton recently directed the National Economic Council, in consultation with executive branch agencies, to analyze the economic implications of the Internet and electronic commerce domestically and internationally, and to consider new types of data collection and research that could be undertaken by public and private organizations. This book contains work presented at a conference held by executive branch agencies in May 1999 at the Department of Commerce. The goals of the conference were to assess current research on the digital economy, to engage the private sector in developing the research that informs investment and policy decisions, and to promote better understanding of the growth and socioeconomic implications of information technology and electronic commerce. Aspects of the digital economy addressed include macroeconomic assessment, organizational change, small business, access, market structure and competition, and employment and the workforce.

Applied Econometric Times Series

Applied Econometric Times Series PDF Author: Walter Enders
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 456

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Book Description
This advanced text for a course on time series econometrics introduces modern time series analyses through the use of wide-ranging examples and applications. Providing a balance between macro- and microeconomic applications, the book covers recent work that has only been published in journals.

Pricing Behavior and Equilibrium Price Dispersion in Online Markets

Pricing Behavior and Equilibrium Price Dispersion in Online Markets PDF Author: Christine Saliba
Publisher:
ISBN:
Category : Electronic commerce
Languages : en
Pages : 152

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Book Description
Online markets are characterized by very low price search costs for consumers. This has lead to many claims that online markets should be highly competitive. One would expect that price dispersion would disappear if price search costs were close to zero. Recent empirical studies suggest that price dispersion exists, and is persistent on the Internet. The dissertation sheds some light on the forces driving price dispersion on the Internet and influencing the degree of price competition in online markets. The dissertation consists of two parts, one empirical and two theoretical. The first part is an empirical study of price dispersion in the online market for college textbooks. The second part investigates the role that firm heterogeneity plays in sustaining price dispersion by extending existing theoretical models to allow for varying market share across firms.

Modern Industrial Organization

Modern Industrial Organization PDF Author: Dennis W. Carlton
Publisher: Addison Wesley
ISBN:
Category : Business & Economics
Languages : en
Pages : 808

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Book Description
This text offers modern coverage of modern industrial organizations, including strategic behaviour and game theory. It uses a unified structure to analyse theories and empirical evidence about the organization of firms and indutries.

The Economics of the Internet and E-commerce

The Economics of the Internet and E-commerce PDF Author: Michael R. Baye
Publisher: Elsevier
ISBN: 0762309717
Category : Business & Economics
Languages : en
Pages : 280

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Book Description
The first six chapters of the text examine four broad issues: the role of the Internet in fostering competition, its impact on price dispersion and on business-to-business transactions, and the importance of reputation and trust in the new economy. The last four chapters examine the impact of the Internet on the organization of firms, the efficiency of auctions in the Internet age, how consumers choose websites and acquire product information, and the growing problem of congestion on the Internet.

Price Dispersion in Internet Sales: Data Reform on Online Marketplace Contradict Lab Experiments

Price Dispersion in Internet Sales: Data Reform on Online Marketplace Contradict Lab Experiments PDF Author: Nikolai Bazenkov
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


The Oxford Handbook of the Digital Economy

The Oxford Handbook of the Digital Economy PDF Author: Martin Peitz
Publisher: Oxford University Press
ISBN: 0195397843
Category : Business & Economics
Languages : en
Pages : 615

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Book Description
The economic analysis of the digital economy has been a rapidly developing research area for more than a decade. Through authoritative examination by leading scholars, this Handbook takes a closer look at particular industries, business practices, and policy issues associated with the digital industry. The volume offers an up-to-date account of key topics, discusses open questions, and provides guidance for future research. It offers a blend of theoretical and empirical works that are central to understanding the digital economy. The chapters are presented in four sections, corresponding with four broad themes: 1) infrastructure, standards, and platforms; 2) the transformation of selling, encompassing both the transformation of traditional selling and new, widespread application of tools such as auctions; 3) user-generated content; and 4) threats in the new digital environment. The first section covers infrastructure, standards, and various platform industries that rely heavily on recent developments in electronic data storage and transmission, including software, video games, payment systems, mobile telecommunications, and B2B commerce. The second section takes account of the reduced costs of online retailing that threatens offline retailers, widespread availability of information as it affects pricing and advertising, digital technology as it allows the widespread employment of novel price and non-price strategies (bundling, price discrimination), and auctions, as well as better tar. The third section addresses the emergent phenomenon of user-generated content on the Internet, including the functioning of social networks and open source. Finally, the fourth section discusses threats arising from digitization and the Internet, namely digital piracy, privacy and internet security concerns.

Price Dispersion on the Internet

Price Dispersion on the Internet PDF Author: Xing Pan
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The explosive growth in Internet retailing has sparked a stream of research on online price dispersion, defined as the distribution of prices (such as range and standard deviation) of an item with the same measured characteristics across sellers of the item at a given point in time. In this paper, we review the empirical and analytical literature on online price dispersion and outline the future directions in this research stream. We address the issue of whether price dispersion is greater or smaller online than offline, examine whether price dispersion on the Internet has changed over time, discuss multichannel retailing and measurement of price dispersion, explore why Internet price dispersion exists, and examine the drivers of online price dispersion.

Retailing in the 21st Century

Retailing in the 21st Century PDF Author: Manfred Krafft
Publisher: Springer Science & Business Media
ISBN: 3540720030
Category : Business & Economics
Languages : en
Pages : 458

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Book Description
With crisp and insightful contributions from 47 of the world’s leading experts in various facets of retailing, Retailing in the 21st Century offers in one book a compendium of state-of-the-art, cutting-edge knowledge to guide successful retailing in the new millennium. In our competitive world, retailing is an exciting, complex and critical sector of business in most developed as well as emerging economies. Today, the retailing industry is being buffeted by a number of forces simultaneously, for example the growth of online retailing and the advent of ‘radio frequency identification’ (RFID) technology. Making sense of it all is not easy but of vital importance to retailing practitioners, analysts and policymakers.

The New Economy and Beyond

The New Economy and Beyond PDF Author: Dennis W. Jansen
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
Providing a non-technical analysis of the modern macro-economy, the contributors provide their views on the new economy from a variety of perspectives.