The Economics of the Internet and E-commerce

The Economics of the Internet and E-commerce

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The first six chapters of the text examine four broad issues: the role of the Internet in fostering competition, its impact on price dispersion and on business-to-business transactions, and the importance of reputation and trust in the new economy. The last four chapters examine the impact of the Internet on the organization of firms, the efficiency of auctions in the Internet age, how consumers choose websites and acquire product information, and the growing problem of congestion on the Internet.The KBB is an industry guide of wholesale and retail prices for vehicles. The KBB price uses the full physical observable characteristics of the car (year, make, model, series, engine, drivetrain, options, mileage, etc.). We do not use the KBB foranbsp;...

Title:The Economics of the Internet and E-commerce
Author:Michael R. Baye
Publisher:Elsevier - 2002


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