14.27 Economics and E-commerce, Fall 2000
Name
14-27-fall-2000/contents/index.htm
Size
34 KB
Format
HTML
Checksum (MD5)
d91485575f5a84968fc3c2f1a9f40858
Author(s)
Ellison, Glenn
Alternative Title
Economics and E-commerce
Date Issued
December 2000
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.
Subjects
industrial organization
monopoly pricing
price discrimination
product differentiation
barriers to entry
network externalities
first-mover advantages
E-commerce
Cybercommerce
E-business
Electronic commerce
MIT Department
Massachusetts Institute of Technology. Department of Economics
Terms of Use
Persistent DSpace Link
