Economics and E-commerce, Fall 2000

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Rating:
Student Teacher
Author:
Subject:
Economics
Provider:
M.I.T.
Provider Set:
MIT OpenCourseWare
Level:
Post-secondary
Language:
English
Material Type:
Full Course, Homework and Assignments, Syllabi
Media Format:
Downloadable docs, Text/HTML
Abstract:

Uses theoretical models and studies of "old economy" industries to help understand the growth and future of electronic commerce. Models of pricing, product differentiation, price discrimination, barriers entry, network externalities, and search provide a framework for thinking about e-businesses and the effect of the Internet on a variety of industries. Lessons drawn from studies of past innovators in technological and nontechnological industries. Models of speculative bubbles and historical examples discussed.

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