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(Complete Item Description)
- Abstract:
The Economics of Information provides an analysis of the underlying economics of information with management implications. It studies the effects of digitization and technology on industry, organizational structure, and business strategy, and examines pricing, bundling, and versioning of digital goods, including music, video, software, and communication services. In addition, the course considers the managerial implications of social networks, search, targeted advertising, personalization, privacy, network externalities, open source, and alliances.
- Subject:
- Business, Science and Technology, Social Sciences
- Grade Level:
- Post-secondary
- Collection:
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MIT OpenCourseWare
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(Complete Item Description)
- Abstract:
This course is a half-semester module, Information Economics. In the second half-semester I teach a companion module, Incentive-Centered Design: Contracting and Signaling. My goal is to give you a strong grounding in the economics of information goods and services. We will analyze strategic issues faced by for-profit and not-for-port organizations: pricing, bundling, versioning, network externalities and rights management. My teaching objectives are: To provide you with a framework for understanding information problems that involve the allocation of scarce information resources; To familiarize you with the analysis of information problems through the application of economic principles (e.g., rationality, efficiency); To prepare you to analyze realistic, incompletely specified problems of the sort that confront consultants, product and pricing managers, policy makers, entrepreneurs and others.
- Subject:
- Business, Science and Technology
- Grade Level:
- Post-secondary
- Collection:
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Open.Michigan
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(Complete Item Description)
- Abstract:
Course provides a strong grounding in the economics of information goods and services. Students analyze strategic issues faced by for-profit and not-for-profit organizations: pricing, bundling, versioning, product differentiation and variety, network externalities, and rights management. This course precedes SI 680.
- Subject:
- Business, Science and Technology
- Grade Level:
- Post-secondary
- Collection:
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Open.Michigan
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(Complete Item Description)
- Abstract:
" This introductory course teaches the fundamentals of microeconomics. Topics include consumer theory, producer theory, the behavior of firms, market equilibrium, monopoly, and the role of the government in the economy. 14.01 is a Humanities, Arts, and Social Sciences (HASS) elective and is offered both terms. "
- Subject:
- Business, Social Sciences
- Grade Level:
- Post-secondary
- Collection:
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MIT OpenCourseWare
