| Vorliegende Sprache |
eng |
| Hinweise auf parallele Ausgaben |
483154717 Druckausg.: ‡Bhatt, Swati: How digital communication technology shapes markets |
| ISBN |
978-3-319-47249-2 |
| Name |
Bhatt, Swati |
| T I T E L |
How Digital Communication Technology Shapes Markets |
| Zusatz zum Titel |
Redefining Competition, Building Cooperation |
| Verlagsort |
Cham |
| Verlag |
Palgrave Macmillan |
| Erscheinungsjahr |
2017 |
| 2017 |
| Umfang |
Online-Ressource (XV, 151 p. 10 illus, online resource) |
| Reihe |
Palgrave Advances in the Economics of Innovation and Technology |
| Titelhinweis |
Druckausg.: ‡Bhatt, Swati: How digital communication technology shapes markets |
| Printed editionISBN: 978-3-319-47249-2 |
| ISBN |
ISBN 978-3-319-47250-8 |
| Klassifikation |
KJMV6 |
| SCI000000 |
| BUS092000 |
| 338.926 |
| 330 |
| JF20-2112 |
| Kurzbeschreibung |
This Palgrave Pivot explores how communication technology such as the Internet has changed the nature of trade, focusing especially on economy-wide reductions in company size (granularity) and the role of retailers (disintermediation). By increasing access to comparative data, influencing conceptions of time, and reducing the number of intermediaries between creator and consumer, technological connectivity is changing the very definition of competition. In the new network economy, disintermediation and granularity are turning cooperative information gathering and sharing into a vital market institution.To exemplify the effects of communication technology, Bhatt focuses on two markets with particularly powerful effects on the economy: labor and education, and CIME (communication, information services, media, and entertainment). Mobile connectivity is radically changing the extent, capabilities, and operations of these markets, both in terms of the services they provide and how they interact with consumers. Bhatt also explores how these benefits intersect with new concerns about privacy and security when the line between public and private information is becoming ever more fluid. Swati Bhatt isLecturer in Economics at Princeton University, USA. Her research interests include the economics of digitization, and industrial organization in the technology industry. |
| 2. Kurzbeschreibung |
How Digital Communication Technology Shapes Markets -- Preface -- Contents -- List of Abbreviations and Acronyms -- List of Figures -- 1 The Technology: Has the Digital Communication Technology Changed the Way Markets Function? Cooperation or Competition? -- My Take -- Appendix - Graph Theory -- Notes -- Bibliography -- 2 The Three Drivers: Connectivity, Data and Attention -- My Take -- Appendix - Cooperation and Internet Architecture -- Notes -- Bibliography -- 3 The Three Trends: Granularity, Behemoths and Cooperation -- Firm Boundaries and Agency Issues -- Multi-Sided Markets -- Organizational Restructuring - Information and Disintermediation -- Evidence for Disintermediation -- Production Side -- (A) Bloomberg Bata -- (B) Kauffmann Foundation Results -- (C) US Census Data -- Consumption Side -- Organizational Behemoths - How Do Amazon, Facebook, Google and Apple Co-exist with Granularity? -- My Take -- Notes -- Bibliography -- 4 The Independent Contractor and Entrepreneurship in Labor Markets -- Productivity and Income Inequality -- Skill Enhancement and Digitization of Learning -- My Take -- Notes -- Bibliography -- 5 The On-Demand Economy and How We Live: Communication, Information, Media and Entertainment -- The Market -- Customization -- The Seller - Unbundling the Medium and the Message -- The Buyer - Unbundling Ownership and Access -- Content and the Nascent Behemoths -- Over-the-Top Content -- Pricing Broadband -- Social Media and Social Networks -- Social Media -- (1) Information -- (2) Entertainment -- (3) Collective Action -- Social Networks -- (4) Engagement -- (5) Empowerment -- (6) Immediacy -- (7) Cultural Homogeneity or the Global Citizen -- Advertising -- Mobile Advertising -- Reviews and Ratings -- My Take -- Notes -- Bibliography -- 6 The Sharing Economy: Information Cascades, Network Effects and Power Laws -- Agency and Granularity -- Granularity and Organizational Restructuring in Financial Markets -- The Payments Function -- The Savings and Investment Function -- Risk Management Function -- Liquidity Function -- Connectivity, Organization Behemoths and Systemic Risk -- Spontaneous Feedback Effects -- Deliberate Feedback Due to Ranking -- Network Effects -- Rich-Get-Richer or Power Laws -- My Take -- Notes -- Bibliography -- 7 The Private World of Sharing and Cooperation -- First Amendment -- Fourth Amendment -- The Anonymity-Identity Spectrum -- Privacy and Business -- Privacy and National Security -- Encryption -- Sharing of Information Across Agencies: Does This Lead to Excessive Transparency and an Authoritarian State? -- When Privacy Is a Public Good -- My Take -- Notes -- Bibliography -- 8 The Internet and Regulation -- Big Data and Ownership -- Ownership of Domain Names -- Net Neutrality -- Gatekeepers -- My Take -- Notes -- Bibliography -- 9 The Conclusion -- The Red Queen -- My Take -- Note -- Bibliography -- Index |
| 1. Schlagwortkette |
Neue Medien |
| Technischer Fortschritt |
| Marktmechanismus |
| Wettbewerb |
| Electronic Commerce |
| Internet |
| Informationstechnik |
| Welt |
| ANZEIGE DER KETTE |
Neue Medien -- Technischer Fortschritt -- Marktmechanismus -- Wettbewerb -- Electronic Commerce -- Internet -- Informationstechnik -- Welt |
| SWB-Titel-Idn |
482171030 |
| Signatur |
Springer E-Book |
| Bemerkungen |
Elektronischer Volltext - Campuslizenz |
| Elektronische Adresse |
$uhttp://dx.doi.org/10.1007/978-3-319-47250-8 |
| Internetseite / Link |
Volltext |
| Siehe auch |
Cover |
