14.27 Economics and E-commerce, Fall 2000

Author(s)
Ellison, Glenn
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Alternative title
Economics and E-commerce
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Abstract
This course uses theoretical models and studies of "old economy" industries to help understand the growth and future of electronic commerce. We will begin with a discussion of relevant topics from industrial organization including monopoly pricing, price discrimination, product differentiation, barriers to entry, network externalities, search and first-mover advantages. The largest part of the course will be a discussion of a number of e-industries. In this section we'll discuss extensions and applications of the ideas from the first part of the course, draw analogies to previous technological revolutions and read current case studies. Finally, we'll discuss two additional topics: bubbles in asset markets and the macroeconomic effects of the Internet.
Date issued
2000-12
URI
http://hdl.handle.net/1721.1/99934
Department
Massachusetts Institute of Technology. Department of Economics
Other identifiers
14.27-Fall2000
local: 14.27
local: IMSCP-MD5-3e90a2007f1c498b3dc54ff3fdfbb04c
Keywords
industrial organization, monopoly pricing, price discrimination, product differentiation, barriers to entry, network externalities, first-mover advantages, E-commerce, Cybercommerce, E-business, Electronic commerce
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