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Information economics, electronic networks and regulation: elements of analysis

Author

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  • Alain Herscovici

Abstract

“Information Economics, electronic networks and regulation: elements of analyze.” This paper aims at analyzing the different components of the so-called new economy. The first part, essentially theoretical, deals with the various conceptions on both the nature and role of information in the working of markets. The second part shows the microeconomic characteristics of electronic networks, evaluating its competitive properties. In the third part, after having outlined the current accumulation regime, the relationship between networks development and the implementation of a new mode of regulation are discussed. As regards this matter, alternative interpretations of Solow paradox are offered. JEL Classification: D82; L86; O38.

Suggested Citation

  • Alain Herscovici, 2004. "Information economics, electronic networks and regulation: elements of analysis," Brazilian Journal of Political Economy, Center of Political Economy, vol. 24(1), pages 100-120.
    • Handle: RePEc:ekm:repojs:v:24:y:2004:i:1:p:100-120:id:660
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    More about this item

    Keywords

    Information asymmetries; network economics; externalities; Solow’s paradox;
    All these keywords.

    JEL classification:

    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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