The Economics Of Information

The Economics of Information PDF
Author: Kenneth Joseph Arrow
Publisher: Harvard University Press
ISBN: 9780674137639
Size: 31.96 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : en
Pages : 284
View: 597

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A collection of essays on the theory of information as an economic commodity includes discussions of statistical methods, property rights, and economic planning

The Economics Of Information

The Economics of Information PDF
Author: Bruce R. Kingma
Publisher: Libraries Unltd Incorporated
ISBN: 9781563088162
Size: 37.18 MB
Format: PDF, ePub
Category : Business & Economics
Languages : en
Pages : 180
View: 2466

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This text clearly presents the fundamentals that users need in order to develop basic skills for simple cost-benefit analyses of goods and services. It provides students, librarians and information professionals with a useful introduction to economics and cost-benefit analysis, and it helps them make better financial and management decisions.

The Economics Of Information Technology

The Economics of Information Technology PDF
Author: Hal R. Varian
Publisher: Cambridge University Press
ISBN: 9780521605212
Size: 44.59 MB
Format: PDF
Category : Business & Economics
Languages : en
Pages : 102
View: 5557

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The Economics of Information Technology is a concise and accessible review of some of the important economic factors affecting information technology industries. These industries are characterized by high fixed costs and low marginal costs of production, large switching costs for users, and strong network effects. These factors combine to produce some unique behavior. The book consists of two parts. In the first part, Professor Varian outlines the basic economics of these industries. In the second part, Professors Farrell and Shapiro describe the impact of these factors on competition policy. The clarity of the analysis and exposition makes this an ideal introduction for undergraduate and graduate students in economics, business strategy, law and related areas.

The Economics Of Information

The Economics of Information PDF
Author: Ian Molho
Publisher: Wiley-Blackwell
ISBN: 9780631201526
Size: 58.45 MB
Format: PDF, ePub
Category : Business & Economics
Languages : en
Pages : 262
View: 3363

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Knowledge is a vital resource which confers strategic advantages on those that possess it, and provides the possibility of misuse and abuse with increasingly dangerous economic consequences.

An Introduction To The Economics Of Information

An Introduction to the Economics of Information PDF
Author: Inés Macho-Stadler
Publisher: Oxford University Press on Demand
ISBN: 9780199243259
Size: 34.57 MB
Format: PDF, ePub
Category : Business & Economics
Languages : en
Pages : 287
View: 3695

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In this revised second edition, An Introduction to the Economics of Information covers the consequences for the character and efficiency of the interaction between individuals and organizations when one party has more or better information on some aspect of the relationship. This is the condition of asymmetric information, under which the information gap will be exploited if, by doing so, the better-informed party can achieve some advantage. The book is written for a one-semester course for advanced undergraduates taking specialized course options, and for first-year postgraduate students of economics or business. After an introduction to the subject and the presentation of a benchmark model in which both parties share the same information throughout the relationship, chapters are devoted to the three main asymmetric information topics of Moral Hazard, Adverse Selection, and Signalling. The wide range of economic situations where the conclusions are applied includes such areas as finance, regulation, insurance, labour economics, health economics, and even politics. Each chapter presents the basic theory before moving on to applications and advanced topics. The problems are presented in the same framework throughout to allow easy comparison of the different results. This new edition incorporates extended exercises to test the student's understanding of the material, and to develop the tools and skills provided by the main text to solve other, original problems.

The Economics Of Information

The economics of information PDF
Author: Przemysław Deszczyński
Publisher: Wydawnictwo Poznańskiego Towarzystwa Przyjaciół Nauk
ISBN: 8376544896
Size: 65.48 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : en
Pages : 148
View: 4579

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The economics of information. Theory and practice is an English-language version of the monograph Ekonomia informacji written in September 2019 and published at the beginning of 2020. The idea of translating it into English was born after posting the texts on Research-Gate. Then requests to make it available in English appeared. Rapid changes that have taken place in the world economy over the past year caused some authors to consider it necessary to include them in their texts. Therefore, the update of the texts have been provided, mainly in the context of consequences of the pandemic, but also concerning the entry of Brexit into the next phase. Attention was paid not only to the theoretical but most of all to the practical dimension of information economics. Moreover, the comments that appeared in reviews published in scientific journals, including those concerning the structure of work, have been taken into account. The monograph consists of eight chapters. Each of them was written by a different author. In the first chapter, the conceptualization of the term ‘economics of information’ was presented. It covers the genesis of information economics, an original definition and methodological foundations. It is a starting point and supporting structure of the entire book. The authors of the remaining chapters refer to and comply with the adopted convention of analysis presented by the research editor. The second chapter is devoted to the economics of information in internal communication in the era of social media. It constitutes a sort of bridge between information economics and public relations narrowed down to internal communication. Jacek Trębecki refers to the relationship between behavioral economics and classical economics. He emphasizes that the consequence of information asymmetry may be its influence on distortion of decisions. Chapter three by Waldemar Rydzak – Changes in Access to Information in Crisis Situations – as intended by the author, is to be a starting point for a discussion about the role of information in the contemporary market, which is more and more frequently discussed in the context of the fourth digital wave of development, with significant influence of mass media and the Internet, also in the context of the COVID-related situation. In the fourth chapter, Filip Kaczmarek used the assumptions of counterfactual analysis in his considerations, and on the basis of its results he showed that the so-called opportunity costs, or ‘cost of non-Europe’, are used as an instrument of legitimizing the European Union. In chapter five by Aleksandra Rabczun, Brexit and the Economics of Information, the Brexit case was analyzed in the context of the role played by information economics in this process. Chapter six, written by Izabela Janicka, is an example of using the concept of economics of information to analyze one country, in this case Germany. It was also assumed that both macro and micro aspects are taken into account. The author points to the overriding role of information in the post-industrial economy and to the fact that information has become one of the basic production factors. She also introduces the concept of a functional information minimum and an information gap. In the seventh chapter Marcin Leszczyński defines the role of the state’s reputation in reducing information asymmetry in the global market. The chapter ends with the analysis of policy and diplomacy in shaping trust in a government and the demand for products from a given country on the example of the trade war between the US and China. In the eighth chapter, Information, Welfare and Migrations – Practical Remarks in the Context of the Economics of Information, Katarzyna Świerczyńska fitted into the scope of research on the impact of information on economy and economic decisions of entities at the mega-economic level.

The Economics Of Information Networks

The Economics of Information Networks PDF
Author: Cristiano Antonelli
Publisher: North Holland
ISBN:
Size: 61.70 MB
Format: PDF, Mobi
Category : Business & Economics
Languages : en
Pages : 477
View: 2238

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Provided in this book is a penetrating analysis of the broad array of the changes that generation, introduction and diffusion of a wave of radical innovations such as new information technologies and advanced telecommunications produce on industrial structures, corporate organization and firms behavior. The major contribution of the book lies in highlighting the role of factors such as technological, pecuniary, adoption, demand and network factors as a general conceptual framework for analysing technological change. Building on this theoretical framework, the book shows how cooperation among firms emerges as the distinctive feature of the new models of industrial organization. Interdependence between firms in fact is more and more shaped by networks of complementarities, localized spillovers and learning opportunities. In the conclusion the policy implications for assessing the evolution of network technologies with special reference to advanced telecommunications are consequently analyzed and developed.

Advances In The Economics Of Information Systems

Advances in the Economics of Information Systems PDF
Author: Kerem Tomak
Publisher: IGI Global
ISBN: 9781591404453
Size: 27.78 MB
Format: PDF, ePub, Docs
Category : Business & Economics
Languages : en
Pages : 245
View: 5182

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Advances in the Economics of Information Systems provides a wide perspective on the issues related to applications of economics to information systems area. From grid computing to online auctions, the reader can find novel uses of economics tools in understanding concepts related to the use of technology at the firm level. IT professionals will also find rich analysis of problems at their agenda and benefit from the insights this reference field provides.

Economics Of Information Technology And The Media

Economics of Information Technology and the Media PDF
Author: Linda Low
Publisher: World Scientific
ISBN: 9789810238445
Size: 22.73 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : en
Pages : 335
View: 1518

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Interest in information technology and the media is growing apace. This book has been specially written to provide an economics framework for analysing the nature and scope, as well as issues, pertaining to the new information and communication technology and revolution. It also presents some trends and perspectives from the Asia-Pacific region. While the economic principles of efficiency and competition are the same everywhere, many socio-political issues with respect to information technology and the media are unique to some specific cultural contexts. The book will be useful to students, researchers and policymakers in mass communication, information technology and the media.

The Economics Of Contracts Second Edition

The Economics of Contracts  Second Edition PDF
Author: Bernard Salanie
Publisher:
ISBN: 0262534223
Size: 47.24 MB
Format: PDF, Mobi
Category : Contracts
Languages : en
Pages : 256
View: 787

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A concise introduction to the theory of contracts, emphasizing basic tools that allow the reader to understand the main theoretical models; revised and updated throughout for this edition. The theory of contracts grew out of the failure of the general equilibrium model to account for the strategic interactions among agents that arise from informational asymmetries. This popular text, revised and updated throughout for the second edition, serves as a concise and rigorous introduction to the theory of contracts for graduate students and professional economists. The book presents the main models of the theory of contracts, particularly the basic models of adverse selection, signaling, and moral hazard. It emphasizes the methods used to analyze the models, but also includes brief introductions to many of the applications in different fields of economics. The goal is to give readers the tools to understand the basic models and create their own. For the second edition, major changes have been made to chapter 3, on examples and extensions for the adverse selection model, which now includes more thorough discussions of multiprincipals, collusion, and multidimensional adverse selection, and to chapter 5, on moral hazard, with the limited liability model, career concerns, and common agency added to its topics. Two chapters have been completely rewritten: chapter 7, on the theory of incomplete contracts, and chapter 8, on the empirical literature in the theory of contracts. An appendix presents concepts of noncooperative game theory to supplement chapters 4 and 6. Exercises follow chapters 2 through 5. Praise for the previous edition: "The Economics of Contracts offers an excellent introduction to agency models. Written by one of the leading young researchers in contact theory, it is rigorous, clear, concise, and up-to-date. Researchers and students who want to learn about the economics of incentives will want to read this primer."--Jean Tirole, Institut D'Économie Industrielle, Universite des Sciences Sociales, France "Students will find this a very useful introduction to the ideas of contract theory. Salanié has managed to summarize a large amount of material in a relatively short number of pages in a highly accessible and readable manner."--Oliver Hart, Professor of Economics, Harvard University

Key Papers In The Economics Of Information

Key Papers in the Economics of Information PDF
Author: American Society for Information Science
Publisher: White Plains, N.Y. : Published for the American Society for Information Science by Knowledge Industry Publications
ISBN:
Size: 23.15 MB
Format: PDF, ePub, Docs
Category : Information science
Languages : en
Pages : 372
View: 2889

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Cost of information products and services; Pricing information products and services; Information value.

The Economics Of Information In The Networked Environment

The Economics of Information in the Networked Environment PDF
Author: Meredith A. Butler
Publisher: Routledge
ISBN: 1000758001
Size: 51.17 MB
Format: PDF, ePub, Mobi
Category : Language Arts & Disciplines
Languages : en
Pages : 324
View: 6473

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In this book, first published in 1998, world-renowned experts on the subject of contemporary librarianship analyse the problems associated with coping with an ever-expanding knowledge base, given their current economic constraints and budgets. It examines challenging marketplace solutions to problems in the economics of information; economic modelling of investments in information resources at academic institutions; the economics of resource sharing, consortia, and document delivery; and measuring the costs and benefits of distance learning.