Network Industry Economics

Author: Oz Shy
Publisher:
Publication Date: 2002-10-01
Features: This book is a textbook that explains the internet industry from an economic perspective, covering various aspects such as the hardware industry, software industry, aviation, telecommunications, banking services, legal services, and information markets. It conducts valuable research on these critical areas where the economic significance is increasingly prominent. By examining these specific industries, the book reveals the fundamental characteristics of strategic behavior between industries and how it is influenced by internet activities. It also explores the impact of social interactions on consumers' choices of goods and services. Currently, there are few books available on the economics of the internet industry. The author, Oz Shy, is a well-known and influential economist with unique insights into the economics of the internet industry. Economists such as Varian and Shapiro from the West have highly praised the book. Additionally, to better utilize game theory in discussing issues of information pricing and network product pricing, the book briefly introduces the basics of game theory. As a textbook for advanced undergraduate or graduate students, it is highly targeted toward both teaching and research.