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Global Internet Economics


  • Lee McKnight

    (Center for Technology, Policy, and Industrial Development Massachusetts Institute of Technology)

  • Joseph P. Bailey

    (Technology, Management and Policy Program Massachusetts Institute of Technology)


This article highlights some of the economic issues which should be addressed by academics, policy-makers, industry leaders, and the public, as the Internet penetrates deeper into Brazilian and other societies. Greater understanding of the way the Internet works and how it will work in the future, not only from a technical but also from an economic and social perspective, is now required. This article summarizes the methods, issues and alternative approaches addressed by studies of Internet Economics, which we define as the study of market for Internet services.

Suggested Citation

  • Lee McKnight & Joseph P. Bailey, 1997. "Global Internet Economics," Brazilian Electronic Journal of Economics, Department of Economics, Universidade Federal de Pernambuco, vol. 1(0), December.
  • Handle: RePEc:bej:issued:v:1:y:1997:i:0:mcknight

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    Cited by:

    1. Goolsbee Austan, 2006. "The Value of Broadband and the Deadweight Loss of Taxing New Technology," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 5(1), pages 1-31, April.
    2. Paul E. Carrillo, 2005. "Assessing the Value of On-line Information Using a Two-sided Equilibrium Search Model in the Real Estate Market," Computing in Economics and Finance 2005 307, Society for Computational Economics.
    3. Mandjes, Michel & Timmer, Judith, 2007. "A duopoly model with heterogeneous congestion-sensitive customers," European Journal of Operational Research, Elsevier, vol. 176(1), pages 445-467, January.
    4. G. Bergantiños & J. Vidal-Puga, 2020. "One-way and two-way cost allocation in hub network problems," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 42(1), pages 199-234, March.
    5. Bacchetta, Marc & Low, Patrick & Mattoo, Aaditya & Schuknecht, Ludger & Wager, Hannu & Wehrens, Madelon, 1998. "Electronic commerce and the role of the WTO," WTO Special Studies, World Trade Organization (WTO), Economic Research and Statistics Division, volume 2, number 2.
    6. Pio Baake & Thorsten Wichmann, 1999. "On the economics of Internet peering," Netnomics, Springer, vol. 1(1), pages 89-105, October.
    7. Fabel, Oliver & Lehmann, Erik E., 2000. "Adverse selection and the economic limits of market substitution: An application to e-commerce and traditional trade in used cars," Discussion Papers, Series I 302, University of Konstanz, Department of Economics.
    8. Anna Nagurney & Tilman Wolf, 2014. "A Cournot–Nash–Bertrand game theory model of a service-oriented Internet with price and quality competition among network transport providers," Computational Management Science, Springer, vol. 11(4), pages 475-502, October.
    9. Lorenzo Rocco, 2002. "Pricing of an Endogenous Peak-Load," Working Papers 54, University of Milano-Bicocca, Department of Economics, revised Aug 2002.
    10. Bughin, Jacques, 2004. ""Attack or convert?": early evidence from European on-line banking," Omega, Elsevier, vol. 32(1), pages 1-7, February.
    11. Pau, L-F., 2003. "The business Challenges In Communicating, Mobile Or Otherwise," ERIM Inaugural Address Series Research in Management EIA-2002-14-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam..
    12. Gilroy, Bernard Michael & Vollpert, Tobias, 1999. "Zukunftsperspektiven betriebswirtschaftlicher Forschung im Bereich der Internetökonomie [Future perspectives of economic research in the context of internet economics]," MPRA Paper 21086, University Library of Munich, Germany.
    13. Fabio M. Manenti, 2002. "Congestion, Private Peering and Capacity Investment on the Internet," Industrial Organization 0212003, University Library of Munich, Germany, revised 08 Apr 2003.
    14. Rajeev Goel, 2009. "Technological complementarities, demand, and market power," Netnomics, Springer, vol. 10(2), pages 161-170, October.
    15. Downes, Tom & Greenstein, Shane, 2002. "Universal access and local internet markets in the US," Research Policy, Elsevier, vol. 31(7), pages 1035-1052, September.
    16. Cuneyt Koyuncu & Donald Lien, 2003. "E-commerce and consumer's purchasing behaviour," Applied Economics, Taylor & Francis Journals, vol. 35(6), pages 721-726.
    17. Elias Vathias & Eleftheria Katsarou & Stathes Hadjiefthymiades, 2017. "A secondary market metaphor for content delivery networks," Netnomics, Springer, vol. 18(2), pages 183-214, December.
    18. Pau, L. -F., 2002. "The communications and information economy: issues, tariffs and economics research areas," Journal of Economic Dynamics and Control, Elsevier, vol. 26(9-10), pages 1651-1675, August.
    19. Koyuncu, Cuneyt & Bhattacharya, Gautam, 2004. "The impacts of quickness, price, payment risk, and delivery issues on on-line shopping," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 33(2), pages 241-251, April.
    20. Greenstein, Shane, 2010. "Innovative Conduct in Computing and Internet Markets," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 477-537, Elsevier.

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