Industrial Organization And The Digital Economy
by Martin Peitz /
2006 / English / PDF
1.7 MB Download
Digital technology has dramatically changed the structure of many
industrial sectors. The rise of the Internet and increased
broadband access have given rise to new business models and
strategies for firms dealing with both electronic and physical
goods. Industrial Organization and the Digital Economy focuses on
changes in the two industries most affected by the new
technology: software and music. The book offers the theoretical
and factual grounding necessary for understanding the changes in
industrial organization brought about by the digital economy,
with the chapters together providing an accessible and
interesting cross-fertilization of fact and theory. Moreover, two
chapters demonstrate the relevance of the emerging literature on
two-sided markets for the digital economy.The contributors
consider such topics as the innovation value of software;
empirical evidence and theoretical analysis regarding the impact
of file sharing on music sales; the ability of firms to modify
their products and offer them in different versions; the practice
of preannouncing information goods; the effects of electronic
commerce on both consumers and retailers; and price-setting by
electronic mediators. The studies in Industrial Organization and
the Digital Economy provide a valuable starting point for future
research on other aspects of the subject, including the
open-source movement and trust and reputation.Contributors:Paul
Belleflamme, Jay Pil Choi, Emin M. Dinlersoz, David S. Evans,
Chaim Fershtman, Neil Gandal, Amit Gayer, Andrei Hagiu, Gerhard
Illing, Bruno Jullien, Eirik Gaard Kristiansen, Stan J.
Liebowitz, Jae Nahm, Martin Peitz, Pedro Pereira, Richard
Schmalensee, Oz Shy, Patrick Waelbroeck
Digital technology has dramatically changed the structure of many
industrial sectors. The rise of the Internet and increased
broadband access have given rise to new business models and
strategies for firms dealing with both electronic and physical
goods. Industrial Organization and the Digital Economy focuses on
changes in the two industries most affected by the new
technology: software and music. The book offers the theoretical
and factual grounding necessary for understanding the changes in
industrial organization brought about by the digital economy,
with the chapters together providing an accessible and
interesting cross-fertilization of fact and theory. Moreover, two
chapters demonstrate the relevance of the emerging literature on
two-sided markets for the digital economy.The contributors
consider such topics as the innovation value of software;
empirical evidence and theoretical analysis regarding the impact
of file sharing on music sales; the ability of firms to modify
their products and offer them in different versions; the practice
of preannouncing information goods; the effects of electronic
commerce on both consumers and retailers; and price-setting by
electronic mediators. The studies in Industrial Organization and
the Digital Economy provide a valuable starting point for future
research on other aspects of the subject, including the
open-source movement and trust and reputation.Contributors:Paul
Belleflamme, Jay Pil Choi, Emin M. Dinlersoz, David S. Evans,
Chaim Fershtman, Neil Gandal, Amit Gayer, Andrei Hagiu, Gerhard
Illing, Bruno Jullien, Eirik Gaard Kristiansen, Stan J.
Liebowitz, Jae Nahm, Martin Peitz, Pedro Pereira, Richard
Schmalensee, Oz Shy, Patrick Waelbroeck