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Exploring the Essential Features of “Internet & Digital Economics – Eric Brousseau & Nicolas Curien”
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Book description
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’.
Reviews
‘This is an unusually rich volume which, in twenty-five chapters written by international experts, considers in varied and original ways aspects of the digital economy from communities to markets to institutions. The editors impose a structure on the whole. It is both challenging and rewarding.’
Martin Cave – Professor and Director of the Centre for Management under Regulation, Warwick Business School, University of Warwick
‘From on-line communities to open source software, from multi-sided markets to Internet auctions and search, from Internet governance to the Internet bubble; this comprehensive collection of 25 essays offers a wealth of information and theoretical thinking about key aspects of information and communication technologies. The result is an important resource for all those interested in the economics of the Internet.’
Jean Tirole – Scientific Director, Institut d’ Économie Industrielle, Toulouse
‘This excellent volume is a valuable resource both for those already deeply involved with Internet scholarship and policy and for readers looking for an introduction to the cutting edge issues in digital economics and business strategy. Brousseau and Curien have assembled an impressive array of scholars whose work covers the spectrum of economic, financial, organizational, and cultural impacts of the Internet and evolving models for its use. Particularly useful is the way that, in each area of coverage, this volume provides an introduction, an explanation of relevant analytical tools, and an application of those tools to important, current problems. The result is a book that provides essential context and background while at the same time advancing the state of our knowledge about digital networks. This volume is a ‘must read’ for anyone working on, or just interested in, Internet policy.’
Howard A. Shelanski – Professor of Law, University of California, Berkeley
‘This book on internet and digital economics presents a multi-perspective and multi-disciplinary analysis. Brousseau and Curien have gathered many of the most insightful students of the internet into this one volume. The chapters are individually strong. Collectively, they present a powerful and holistic treatment of the history of the internet, pricing, open source, communities, regulation, and the business of e-commerce. An ambitious and highly successful endeavor.’
Bruce Kogut – Eli Lily Professor of Innovation, Business and Society, INSEAD
Contents
- Frontmatter
- Contents
- List of figures
- List of tables
- Notes on contributors
- Acknowledgements
- 1 – Internet economics, digital economics
By Eric Brousseau, University of Paris X, Nicolas Curien, Conservatoire National des Arts et Métiers and at the Ecole Polytechnique
Part I – Toward a new economy?
By Eric Brousseau, University of Paris X, Nicolas Curien, Conservatoire National des Arts et Métiers, Paris
- 2 – Evolution of the new economy business model
By William Lazonick, University of Massachusetts - 3 – Discourse on the new economy – passing fad or mobilizing ideology?
By Patrice Flichy, Marne la Vallée University, LATTS - 4 – The Internet boom in a corporate finance retrospective
By Ulrich Hege, HEC School of Management in Paris, Sébastien Michenaud, HEC School of Management, in Paris
Part II – On-line communities
By Eric Brousseau, University of Paris X, Nicolas Curien, Conservatoire National des Arts et Métiers, Paris
- 5 – Information goods and online communities
By Michel Gensollen, France Telecom - 6 – Online consumer communities: escaping the tragedy of the digital commons
By Nicolas Curien, Conservatoire National des Arts et Métiers and at the Ecole Polytechnique, Emmanuelle Fauchart, Laboratory of Econometrics at CNAM, France, Gilbert Laffond, Conservatoire National des Arts et Métiers (Paris), François Moreau, Conservatoire National des Arts et Métiers in Paris, France - 7 – Network cooperation and incentives within online communities
By Godefroy Dang Nguyen, ENST Bretagne, an engineer’s school in France, Thierry Pénard, University of Rennes 1
Part III – Network externalities and market microstructures
By Eric Brousseau, University of Paris X, Nicolas Curien, Conservatoire National des Arts et Métiers, Paris
- 8 – The Internet and network economics
By Nicholas Economides - 9 – E-commerce, two-sided markets and info-mediation
By Alex Gaudeul, University of East Anglia, Bruno Jullien, Harvard University - 10 – The economics and business models of prescription in the Internet
By Pierre-jean Benghozi, National Center for Scientific Research, Thomas Paris, HEC School of Management, Paris
Part IV – Producing, distributing and sharing information goods
By Eric Brousseau, University of Paris X, Nicolas Curien, Conservatoire National des Arts et Métiers, Paris
- 11 – Bundling and competition on the Internet
By Yannis Bakos, New York University, Erik Brynjolfsson, MIT Sloan School - 12 – Pricing information goods: free vs. pay content
By Marc Bourreau, Ecole Nationale Supérieure des Télécommunications (ENST, Paris), Virginie Lethiais, ENST-Bretagne - 13 – Open software: knowledge openness and cooperation in cyberspace
By Dominique Foray, Swiss Federal Institute of Technology in Lausanne, Sylvie Thoron, University of Toulon, Jean-Benoît Zimmermann, GREQAM (Groupement de Recherche en Economie Quantitative d’Aix-Marseille) - 14 – Simulating code growth in Libre (open source) mode
By Jean-Michel Dalle, University Pierre et Marie Curie, Paul A. David, Stanford University in California
Part V – How e-markets perform
By Eric Brousseau, University of Paris X, Nicolas Curien, Conservatoire National des Arts et Métiers, Paris
- 15 – Economic insights from Internet auctions
By Patrick Bajari, Duke University, Ali Hortaçsu, University of Chicago - 16 – Consumer search and pricing behavior in Internet markets
By Maarten C. W. Janssen, Erasmus University Rotterdam, José Luis Moraga-González, Erasmus University Rotterdam, Matthijs R. Wildenbeest, Tinbergen Institute - 17 – Are neighbors welcome? E-buyer search, price competition and coalition strategy in Internet retailing
By Jacques Laye, Inra/Loria, Herve Tanguy, Laboratory of Forestal Economics (LEF, Inra Nancy, France) - 18 – Bidding and buying on the same site
By Marc Bourreau, Ecole Nationale Supérieure des Télécommunications (ENST, Paris), Christian Licoppe, Ecole Nationale Supérieure des Télécommunications in Paris
Part VI – Evolving institutional infrastructures
By Eric Brousseau, University of Paris X, Nicolas Curien, Conservatoire National des Arts et Métiers, Paris
- 19 – An economic analysis of conflicts resolution in cyberspace
By Bruno Deffains, University of Nancy, France, Yannick Gabuthy, University of Nancy, Philippe Fenoglio, University of Nancy (France)
20 – Payment and the Internet: issues and research perspectives in economics of banking - By David Bounie, Télécom Paris, Pierre Gazé, University of Orléans
- 21 – Electronization of Nasdaq: will market makers survive?
By Delphine Sabourin, Ceremade, Paris Dauphine University, Thomas Serval, President and CEO of Baracoda - 22 – Multi-level governance of the digital space: does a “second rank” institutional framework exist?
By Eric Brousseau, University of Paris X
Part VII – The impacts of the Internet at the macro level
By Eric Brousseau, University of Paris X, Nicolas Curien, Conservatoire National des Arts et Métiers, Paris
- 23 – Mobile telephony and Internet growth: impacts on consumer welfare
By Gary Madden, University of Technology, Australia, Michael Schipp, Curtin University of Technology, Joachim Tan, Curtin University of Technology - 24 – Globalization, the Internet and e-business: convergence or divergence in cross-country trends?
By Kenneth L. Kraemer, University of California, Irvine, Jason Dedrick, Center for Research on Information Technology and Organizations - 25 – ICTs and inequalities: the digital divide
By Alain Rallet, University of Paris South, Fabrice Rochelandet, University of Paris Panthéon-Sorbonne
– References
– Index
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