Network Effect Economics Theory -- Market Structure, Corporate Behavior, and Public Policy in the ICT Industry. Market Structure, Corporate Behavior, and Public Policy in the ICT Industry.

Author: Zhu Tong
Publisher:
Publish Date: 2004-10-01
Features: This book is an economics monograph dedicated to the study of industrial organization issues in the ICT industry. Traditional economic research on the ICT industry focuses on the economic characteristics of industrial production and its market consequences. Unlike this, the book starts from the demand characteristics of the ICT industry, specifically its network effect features, to examine its impact on the market structure, corporate behavior, and public policy of the industry. The author attempts to provide a theoretical analytical framework for understanding the ICT industry in the age of the internet. Based on an in-depth analysis and redefined concept of network effects, the author systematically explores the market equilibrium characteristics, technological innovation features, competitive behavior patterns, industrial impacts of standards and compatibility, as well as the resulting public policy challenges in the ICT industry. The book not only conducts an in-depth and systematic study of the fundamental issues of network effect economic theory but also offers original insights into some emerging economic phenomena in the ICT industry in recent years, such as "winner-take-all" and "technological lock-in." This book contributes to advancing and providing reference value for the study of "network economics" and the "ICT industry."