Cover image for The economics of network industries
Title:
The economics of network industries
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Publication Information:
Cambridge, UK : Cambridge University Press, 2001
ISBN:
9780521800952

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30000010123675 HD9696.8.A2 S59 2001 Open Access Book Book
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Summary

Summary

This book introduces upper-level undergraduates, graduate students, and researchers to the latest developments in network economics, one of the fastest-growing fields in all industrial organization. Network industries include the Internet, e-mail, telephony, computer hardware and software, music and video players, and service operations in the banking, legal, and airlines industries among many others. The work offers an overview of the subject matter as well as investigations about specific industries. It conveys the essential features of how strategic interactions between firms are affected by network activity, as well as covering social interaction and its influence on consumers' choices of products and services. Virtually no calculus is used in the text, and each chapter ends with a series of exercises and selected references. The text may be used for both one- and two-semester courses.


Table of Contents

1 Introduction
2 The hardware industry
3 The software industry
4 Technology, advance, and standardization
5 Telecommunication
6 Broadcasting
7 Markets for information
8 Banks and money
9 The airline industry: social interaction
10 Other networks
Appendix A Normal-form games
Appendix B Extensive-form games
Appendix C Undercut-proof equilibria