December 16, 2015

Economics of Information Technology - Hal Varian et al. - Book and Paper Information

Economics of Information Technology
Paper by Hal Varian

This is a revised version of the Raffaele Mattioli Lecture, delivered at Bocconi University, Milano, Italy, on November 15-16, 2001 and the Sorbonne on March 6, 2003. It is based, in part, on the paper I delivered at the Federal Reserve Bank of Kansas City Jackson Hole Symposium, August 2001.

The Economics of Information Technology: An Introduction

Hal R. Varian, Joseph Farrell, Carl Shapiro
Cambridge University Press, Dec 23, 2004 - 102 pages

The Economics of Information Technology is a concise and accessible review of 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. Professor Varian outlines the basic economics of these industries; Professors Farrell and Shapiro describe the impact of these factors on competition policy. An ideal introduction for undergraduate and graduate students in economics, business strategy, law and related areas.

Information Rules
A Strategic Guide to the Network Economy
Carl Shapiro and Hal R. Varian

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