Digital Economics: How Information Technology Has Transformed Business Thinking

by Richard B. McKenzie

The digitization of such traditional goods as books, music, and movies, in combination with traditional digital productions like software, has given rise to new twists and turns in economic arguments. The primary reasons for these digital-led developments in economic theory are that digital goods often exhibit network effects--consumer benefits that grow with the spreading use of certain goods--and that digital products often have low or negligible...

• Format: Hardcover
• Language: English
• ISBN: 1567206441
• ISBN13: 9781567206449
• Release Date: May 2003
• Publisher: Praeger
• Length: 336 Pages
• Weight: 1.46 lbs.
• Dimensions: 1.2" x 6.5" x 9.5"