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How Digital Communication Technology Shapes Markets: Redefining Competition, Building Cooperation (Palgrave Advances in the Economics of Innovation and Technology) - Hardcover

Buch 2 von 8: Palgrave Advances in the Economics of Innovation and Technology

Bhatt, Swati

 
9783319472492: How Digital Communication Technology Shapes Markets: Redefining Competition, Building Cooperation (Palgrave Advances in the Economics of Innovation and Technology)
Hardcover
ISBN 10: 3319472496 ISBN 13: 9783319472492
Verlag: Palgrave Macmillan, 2016

Inhaltsangabe

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 servicesthey 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.

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Über die Autorin bzw. den Autor

Swati Bhatt is Lecturer in Economics at Princeton University, USA. Her research interests include the economics of digitization and industrial organization in the technology industry.

Von der hinteren Coverseite

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 theyprovide 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.

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Verlag
Palgrave Macmillan
Erscheinungsdatum
2016
Sprache
Englisch
ISBN 10 
3319472496
ISBN 13 
9783319472492
Einband
Gebundene Ausgabe
Auflage
1
Anzahl der Seiten
166
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