Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Digital Economics: How Information Technology Has Transformed Business Thinking

Digital Economics: How Information Technology Has Transformed Business Thinking

McKenzie, Richard

Hardcover

EconomicsGeneral Computers

ISBN10: 1567206441
ISBN13: 9781567206449
Publisher: Praeger
Published: May 30 2003
Pages: 336
Weight: 1.46
Height: 1.17 Width: 6.50 Depth: 9.50
Language: English
The digitization of such traditional goods as books, music, and movies, in combination with traditional digital productions like software, has given rise to new twists and turns in economic arguments. The primary reasons for these digital-led developments in economic theory are that digital goods often exhibit network effects--consumer benefits that grow with the spreading use of certain goods--and that digital products often have low or negligible reproduction costs. McKenzie describes how the advent of digital goods has forced changes in firms' production and pricing strategies, and how it has led to the reassessment of an array of public policies, from privacy to piracy.

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