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The Economics of Network Industries - Oz Shy

The Economics of Network Industries

By: Oz Shy

Hardcover Published: 15th January 2001
ISBN: 9780521800952
Number Of Pages: 332

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This book introduces upper-level undergraduates, graduate students, and researchers to the latest developments in network economics, one of the fastest-growing fields in all industrial organization. Network industries include the Internet, e-mail, telephony, computer hardware and software, music and video players, and service operations in the banking, legal, and airlines industries among many others. The work offers an overview of the subject matter as well as investigations about specific industries. It conveys the essential features of how strategic interactions between firms are affected by network activity, as well as covering social interaction and its influence on consumers' choices of products and services. Virtually no calculus is used in the text, and each chapter ends with a series of exercises and selected references. The text may be used for both one- and two-semester courses.

'The Economics of Network Industries is the first textbook devoted exclusively to the analysis of markets in which the utility of consumers increases with the number of others purchasing the same (i.e. compatible) product.' Managerial and Decision Economics '... the value of the undertaking is undisputable ...'. Weltwirtschaftliches Archiv (Review of World Economics)

Introduction
The hardware industry
The software industry
Technology, advance, and standardization
Telecommunication
Broadcasting
Markets for information
Banks and money
The airline industry: social interaction
Other networks
Normal-form games
Extensive-form games
Undercut-proof equilibria
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521800952
ISBN-10: 0521800951
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 332
Published: 15th January 2001
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 22.8 x 15.2  x 2.3
Weight (kg): 0.66