Internet Economics (Hardcover)

~ Lee W. McKnight (Editor), Joseph P. Bailey (Editor) "Internet economics is the study of the market for Internet services..." (more)
Key Phrases: New Zealand, United States, New York (more...)

Editorial Reviews

Review

"The Internet raises new questions about the economics of networks and forces us to re-examine old questions in a new light. As such, the papers assembled here constitute some of the seminal contributions to a new economic sub-field, by the scholars who were among the first to notice and investigate these new questions. This book also explores issues which are central to the current policy debate surrounding the current re-write of this country's communications laws. The material presented is extremely relevant to a broad audience, including in particular policy-makers, as well as the many business audiences which have a stake in the evolution of communication networks. This work is an extremely significant contribution."
—Francois Bar, Assistant Professor of Communication, Stanford University

Product Description

"The Internet raises new questions about the economics of networks and forces us to re-examine old questions in a new light. As such, the papers assembled here constitute some of the seminal contributions to a new economic sub-field, by the scholars who were among the first to notice and investigate these new questions. This book also explores issues which are central to the current policy debate surrounding the current re-write of this country's communications laws. The material presented is extremely relevant to a broad audience, including in particular policy-makers, as well as the many business audiences which have a stake in the evolution of communication networks. This work is an extremely significant contribution." -- François Bar, Assistant Professor of Communication, Stanford University

The Internet has rapidly become an important element of the economic system. The lack of accepted metrics for economic analysis of Internet transactions is therefore increasingly problematic. This book, one of the first to bring together research on Internet engineering and economics, attempts to establish such metrics. The chapters, which developed out of a 1995 workshop held at MIT, include architectural models and analyses of Internet usage, as well as alternative pricing policies. The book is organized into six sections: 1) Introduction to Internet Economics, 2) The Economics of the Internet, 3) Interconnection and Multicast Economics, 4) Usage Sensitive Pricing, 5) Internet Commerce, and 6) Internet Economics and Policy. Contributors: Loretta Anania, Joseph P. Bailey, Nevil Brownlee, David Carver, David Clark, David W. Crawford, Ketil Danielsen, Deborah Estrin, Branko Gerovac, David Gingold, Jiong Gong, Alok Gupta, Shai Herzog, Clark Johnson, Martyne M. Hallgren, Frank P. Kelly, Charlie Lai, Alan K. McAdams, Jeffrey K. MacKie-Mason, Lee W. McKnight, Gennady Medvinsky, Liam Murphy, John Murphy, B. Clifford Neuman, Jon M. Peha, Joseph Reagle, Mitrabarun Sarkar, Scott Shenker, Marvin A. Sirbu, Richard Jay Solomon, Padmanabhan Srinagesh, Dale O. Stahl, Hal R. Varian, Qiong Wang, Martin Weiss, Andrew B. Whinston.

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Product Details

• Hardcover: 544 pages
• Publisher: The MIT Press (May 1, 1997)
• Language: English
• ISBN-10: 0262133369
• ISBN-13: 978-0262133364
• Product Dimensions: 9.1 x 6.2 x 1.7 inches
• Shipping Weight: 2.2 pounds
• Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
• Amazon.com Sales Rank: #2,870,524 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

15 of 16 people found the following review helpful:

4.0 out of 5 stars Excellent Coverage of the key issues in Internet Economics, July 31, 1998

By A Customer

This book is a collection of articles based on a conference at MIT in 1995. Although many of the articles in this book are available over the web, this publication can save many, many hours of searching and download time.

Content wise, much of the book focuses on issues relating to pricing schemes for the internet. Although the data used in these articles will date quickly (and indeed already has) the theoretical pricing models explored are likely to be of increasing interest.

There is also some coverage of electronic commerce, but this book is probably going to be of most interest to those interested in the 'economic' analysis of the internet.

An informative and handy book which fills a void when it comes to print publications in this field.