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Quantum Digital Economics

Quantum Digital Economics

Paperback

Series: Quantum Economics, Book 15

Economics

ISBN13: 9798905891434
Publisher: Primal Economics Press
Published: Sep 13 2026
Pages: 454
Weight: 2.30
Height: 0.92 Width: 8.50 Depth: 11.00
Language: English
The digital economy marks the most farreaching economic transformation since industrialization: data has become a nonrival, replicable factor of production whose value increases with repeated use; networks form the basic organizational architecture; algorithms serve as resource allocation mechanisms; platforms operate as hubs matching supply and demand; and artificial intelligence undertakes cognitive labour once exclusive to human beings. Mainstream digital economics responds by patching the neoclassical analytical framework - treating data as a special capital good, platforms as special firms, and network effects as a distinctive type of externality. Yet the intrinsic properties of digital reality, namely increasing returns, disequilibrium, the blurring boundary between firms and markets, algorithmshaped preferences, and systemic emergence arising from multiagent feedback, strike at the foundational underpinnings of this framework.

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Economics