Economics of Network Industries

Name: Economics of Network Industries
Availability: OutOfStock
ISBN: 9780511156502

ISBN-10: 0511156502

ISBN-13: 9780511156502

Edition: N/A

Authors: Oz Shy

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Description:

This book introduces upper-level undergraduates, graduate students, and researchers to the latest developments in network economics, one of the fastest-growing fields in all industrial organization. Network industries include the Internet, e-mail, telephony, computer hardware and software, music and video players, and service operations in the banking, legal, and airlines industries among many others. The work offers an overview of the subject matter as well as investigations about specific industries. It conveys the essential features of how strategic interactions between firms are affected by network activity, as well as covering social interaction and its influence on consumers' choices…

Book details

Publisher: Cambridge University Press
Language: English




Introduction



The hardware industry



The software industry



Technology, advance, and standardization



Telecommunication



Broadcasting



Markets for information



Banks and money



The airline industry: social interaction



Other networks



Normal-form games



Extensive-form games



Undercut-proof equilibria