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Diamonds Are Forever, Computers Are Not: Economic and Strategic Management in Computing Markets
 
 
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Diamonds Are Forever, Computers Are Not: Economic and Strategic Management in Computing Markets [Hardcover]

Shane M. Greenstein (Author)
5.0 out of 5 stars  See all reviews (2 customer reviews)

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Book Description

1860944515 978-1860944512 September 2004
This is a collection of 43 essays about the economics and management of information technology markets. The first part of the book focuses on events, notable birth dates and longstanding trends. The unifying theme revolves around the role of human economic behavior in the face of uncertainty and confusion. The contributors' intent is to explain, educate and entertain - to go beyond the obvious. The next part contains writing about the Internet. It discusses the development of the online commercial world, and analyzes the macroeconomic side of the investment boom and bust related to Internet activities. It also focuses on the measurement of economic activity in the digital economy. In addition, the book deals with how computers get used in organizations and discusses the Microsoft antitrust case. Finally, there are two long essays about economic constraints on strategic behavior in markets where standards and platforms matter.

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Product Details

  • Hardcover: 294 pages
  • Publisher: World Scientific Pub Co Inc (September 2004)
  • Language: English
  • ISBN-10: 1860944515
  • ISBN-13: 978-1860944512
  • Product Dimensions: 9.2 x 6.1 x 0.8 inches
  • Shipping Weight: 1.3 pounds (View shipping rates and policies)
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #3,880,049 in Books (See Top 100 in Books)

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5.0 out of 5 stars Economic perspective on technology markets, October 29, 2006
This review is from: Diamonds Are Forever, Computers Are Not: Economic and Strategic Management in Computing Markets (Hardcover)
I took Dr. Greenstein's class several years ago at Kellogg when completing my MBA. I had picked up the book as I still find myself going back to some his teachings (even after so many years). The book contains a series of essays written in an easy to understand manner and deliver some very interesting economic perspectives on technology markets. The essays are organized in eight sections:
Part I: Musings
Part II: Observations, fleeting, and otherwise
Part III: Developing the digital world
Part IV: Internet boom and bust
Part V: Prices, productivity, and growth
Part VI: Enterprise Computing
Part VII: Microsoft, from the sublime to the serious
Part VIII: Platforms and Standards

A must read for every technology entrepreneur...
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5.0 out of 5 stars Outstanding Read!, December 15, 2004
This review is from: Diamonds Are Forever, Computers Are Not: Economic and Strategic Management in Computing Markets (Hardcover)
Dr. Greenstein has taken on complex issues and provided an entertaining, yet informative analysis of modern markets. This group of essays provide a practical starting point for the analysis of diverse economic systems.
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Inside This Book (learn more)
First Sentence:
Diamonds and computers have much in common. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
dueling sponsors, competitive crash, contracting framework, dominant platforms, platform provider, backbone capacity, standards development organizations, average practice, flat rate pricing, antitrust trial, productivity paradox, official index, adaptive activity
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Judge Jackson, Bill Gates, United States, New York, Silicon Valley, Tim Bresnahan, Death Star, Martha Gray, Stanford University, Telecommunications Act, University of Illinois, Wall Street, Martha Mulford, San Francisco, America Online, Department of Defense, Department of Justice, Federal Communications Commission, Federal Reserve, Frank Fisher, Professor Fisher, Sun Microsystems, Alan Greenspan, Bureau of Economic Analysis, Compilation of Statistics
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