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

Networks are fastest-growing components in most industries. Network industries include the Internet, e-mail, telephony, computer hardware and software, music and video players, and service operations in businesses overseas, banking, law, and airlines. Oz Shy conveys the essential features of how strategic interactions among firms are affected by network activity, and how social interaction influences consumers' choices of products and services. Oz Shy is on the faculty of economics at the University of Haifa, in Haifa, Israel. His previous book is Industrial Organization: Theory and Applications (MIT Press, 1996).


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