The Economics of Information

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The Economics of Information

The Economics of Information Technology is a concise and accessible review of some of the important economic factors affecting information technology industries. These industries are characterized by high fixed costs and low marginal costs of production, large switching costs for users, and strong network effects. These factors combine to produce some unique behavior. The book consists of two parts. In the first part, Professor Varian outlines the basic economics of these industries. In the second part, Professors Farrell and Shapiro describe the impact of these factors on competition policy. The clarity of the analysis and exposition makes this an ideal introduction for undergraduate and graduate students in economics, business strategy, law and related areas.

Author

Hal R. Varian

Author

Joseph Farrell

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The Economics of Information Technology: An Introduction by Hal R. Varian (Hardback)

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Information Economics

..in a 'man versus nature' context, explaining basic concepts like rational updating or the value..

Economics of Health and

... The core economics themes chosen are as basic as supply and demand, as ever-present as..

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The Economics of Information Technology: An Introduction by Hal R. Varian (Hardback)

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