The Economics of Information Technology

The Economics of Information Technology
Author: Hal R. Varian
Publisher: Cambridge University Press
Total Pages: 114
Release: 2004-12-23
Genre: Business & Economics
ISBN: 1139456725

The Economics of Information Technology is a concise and accessible review of some of the important economic factors affecting information technology industries. These industries are characterized by high fixed costs and low marginal costs of production, large switching costs for users, and strong network effects. These factors combine to produce some unique behavior. The book consists of two parts. In the first part, Professor Varian outlines the basic economics of these industries. In the second part, Professors Farrell and Shapiro describe the impact of these factors on competition policy. The clarity of the analysis and exposition makes this an ideal introduction for undergraduate and graduate students in economics, business strategy, law and related areas.

Individual Behaviors and Technologies for Financial Innovations

Individual Behaviors and Technologies for Financial Innovations
Author: Wesley Mendes-Da-Silva
Publisher: Springer
Total Pages: 395
Release: 2018-07-26
Genre: Business & Economics
ISBN: 3319919113

This book offers comprehensive examination of research on the relevance of individual behavior and technology to financial innovations. The chapters cover current topics in finance including integrated reporting, people finance, crowdfunding, and corporate networks. It provides readers with an organized starting point to explore individual behaviors and new technologies used in financial innovations. The explicit and growing speed of the spread of new technologies has hastened the emergence of innovation in the field of finance. Topics like the Internet of Things, semantic computing and big data finance are motivating the construction of financial tools that translate into new financial mechanisms. This book strives help readers better understand the dynamic of the changes in financial systems and the proliferation of financial products. Individual Behaviors and Technologies for Financial Innovations is organized in 16 chapters, organized in three parts. Part I has eight chapters that review the research on gender differences in attitudes about risk and propensity to purchase automobile insurance, financial literacy models for college students, wellness and attitude of university students in the use of credit cards, impact of programs income distribution and propensity to remain in employment, financial literacy and propensity to resort to informal financing channels, risk behavior in the use of credit cards by students. Part II reviews the research on financing for startups and SMEs, exploring funding through crowdfunding platform, operating credit unions, and using networks of friends to finance small businesses outside the domestic market. The four chapters of Part III describe contexts of financial innovation in listed companies, including society's demands on their behavior - we discuss motivations for companies to participate in corporate sustainability indexes, corporate performance through their profile of socially responsible investments, influence of networks of social relations in the formation of boards, and management of companies, and also the precariousness of financial decisions in large companies, as well as the role of the internet in corporate communication with the market.

Information Technology Economic Behaviors

Information Technology Economic Behaviors
Author: Johnny Ch Lok
Publisher:
Total Pages: 324
Release: 2019-12-25
Genre:
ISBN: 9781650803494

⦁How information society influences consumer individual consumption method?Information and technology are all around us.we'll talk about what some scholars have called the information society, or a profound shift in society and the economy wherein the circulation of information is key to productivity.How much time do you spend on your phone or your computer? Have you noticed how quickly you can communicate with people across the globe? While we might take these things for granted today, they are part of a profound shift in the way that society, culture, and the economy operate. Known as the information society, we have seen a major shift whereby the circulation and production of information is a key social and economic activity. Things like Internet Communication Technologies (ICTs), such as the internet, cell phones, and wireless networks, are key to the functioning of our society. Scholars of the information society have called this a shift from manual labor to mental labor, in the sense that the primary form of production in the economy has shifted from goods-based to knowledge-based. In other words, instead of a focus on the production of a particular good, such as steel, the most important economic activity comes in the form of producing information, like computer technologies and software. This information replaces material goods as the most important driving force of economic activity. Let's talk more about the origins of this term. ⦁The background of information society developmentOne of the earliest uses of the term, information society can be found in the work of sociologist Daniel Bell. In the 1970s he wrote a book called The Coming of the Post-Industrial Society, where he argued that the United States was moving away from an industrial society to a post-industrial society. An industrial society is when the focus is on the production of goods. In economist's argument, the main economic activities of society will be that we produce various types of knowledge instead of consumer goods, as we did during the industrial heyday. Production has shifted away from factories in the information society . The network society is characterized by profound shifts in technological development and innovation. Economies and production within them are now flexible. This has led to a global economy that is highly informational. One major shift here is the way that internet technology allows us to work and communicate in real time and at dizzying speeds. For example, let's say Johnny this staff office is based in New York City, but she has clients in Tokyo and Paris. In the information age, Mary and her co-workers across the globe can communicate almost instantly without ever leaving their offices. ⦁How information social change influences consumer behaviors?Consumer Behaviour means that the consumer is the KING of the market is the one that dominates the market and the market trends. A consumer is someone who pays a sum to consume the goods and services sold by an organization. The consumer plays a very important role in the demand and supply chain of every economic system of every nation. The producers of the goods and services would lack the motive of producing as there would be no demand for their products.What is consumer role in traditional society ?A consumer need not just be an individual; a consumer can also be an organization. A consumer can be someone who will buy either goods or services or you can also specify the goods and services as economic services or products, or good or commodities. A consumer is the end user or a target to whom the goods and services are sold. In simple words a consumer can be described as:

Strategy and Behaviors in the Digital Economy

Strategy and Behaviors in the Digital Economy
Author: Beatrice Orlando
Publisher: BoD – Books on Demand
Total Pages: 212
Release: 2020-03-04
Genre: Business & Economics
ISBN: 178984181X

Strategy and Behaviors in the Digital Economy is a collection of reviewed and relevant research chapters, offering a comprehensive overview of recent developments in the field of Business, Management and Economics. The book comprises single chapters authored by various researchers and edited by an expert active in this research area. All chapters are complete in itself but united under a common research study topic. This publication aims at providing a thorough overview of the latest research efforts by international authors on this field of study, and open new possible research paths for further novel developments.

Economic Behavior, Game Theory, and Technology in Emerging Markets

Economic Behavior, Game Theory, and Technology in Emerging Markets
Author: Christiansen, Bryan
Publisher: IGI Global
Total Pages: 462
Release: 2013-11-30
Genre: Business & Economics
ISBN: 1466647469

"This book explores game theory and its deep impact in developmental economics, specifically the manner in which it provides a way of formalizing institutions"--Provided by publisher.

Economic Analysis of the Digital Economy

Economic Analysis of the Digital Economy
Author: Avi Goldfarb
Publisher: University of Chicago Press
Total Pages: 510
Release: 2015-05-08
Genre: Business & Economics
ISBN: 022620684X

There is a small and growing literature that explores the impact of digitization in a variety of contexts, but its economic consequences, surprisingly, remain poorly understood. This volume aims to set the agenda for research in the economics of digitization, with each chapter identifying a promising area of research. "Economics of Digitization "identifies urgent topics with research already underway that warrant further exploration from economists. In addition to the growing importance of digitization itself, digital technologies have some features that suggest that many well-studied economic models may not apply and, indeed, so many aspects of the digital economy throw normal economics in a loop. "Economics of Digitization" will be one of the first to focus on the economic implications of digitization and to bring together leading scholars in the economics of digitization to explore emerging research.

Technology and Consumption

Technology and Consumption
Author: Ruby Roy Dholakia
Publisher: Springer Science & Business Media
Total Pages: 222
Release: 2012-05-16
Genre: Social Science
ISBN: 1461421586

Technology and Household Consumption is a comprehensive text that provides insights into technology’s impact on consumer behavior and the household environment. Consumption and consumer behavior has become a very important subject of study that is now covered in many disciplines including family economics, culture studies, and feminist/women studies. In the first section, this book provides a historical perspective on how consumer behaviors have changed because of technology and how technology itself has changed. Data on ownership and expenditures is detailed in describing the penetration of technology in the household and changes over time. In the examination of demographics and social changes, an emphasis is placed on women and children. As it is important to understand the entry paths and factors that influence them, the book also introduces a research framework to understanding the adoption and utilization of household technologies. In the second section, the book examines specific household technologies and consumption experiences including shopping choices and behaviors, entertainment outlets and availability, communications technologies, and working at home. The book concludes with a section on the relationships between marketers and consumers.

Leveraging Consumer Behavior and Psychology in the Digital Economy

Leveraging Consumer Behavior and Psychology in the Digital Economy
Author: Suki, Norazah Mohd
Publisher: IGI Global
Total Pages: 299
Release: 2020-06-26
Genre: Business & Economics
ISBN: 1799830438

With the increasing prevalence of information, communication, and technology, including social media, in the digital economy, leveraging consumer behavior and psychology has become a dominant ground for researchers and practitioners to inspect the trends, opportunities, and challenges to social networking service (SNS) developers and online firms. These platforms have become a key channel for social interactions and networking among individuals and online communities to leverage business activities in respect to product and service visibility and sustainability via the internet. Leveraging Consumer Behavior and Psychology in the Digital Economy is a pivotal reference source that provides current research on topics relevant to consumer behavior, consumer psychology, consumer value, customer satisfaction, and loyalty and how best to utilize this research consumer behavior and psychology in the digital economy. Emphasizing critical topics in the field of consumer behavior research, this publication is a wide-ranging resource for professionals, practitioners, marketers, retailers, business managers, academics, researchers, and graduate-level students interested in the latest material on consumer behavior and psychology in the digital economy.

Value Creation and the Internet of Things

Value Creation and the Internet of Things
Author: Alexander Manu
Publisher: Routledge
Total Pages: 249
Release: 2016-03-03
Genre: Business & Economics
ISBN: 1317002806

We live in a behavior economy, an environment in which people no longer engage with companies just by purchasing things, but they seek engagement with services that allow them to behave, to leave a mark, and to participate in the community of others. The economic model promoted by the behavior economy is a model where behavior is the only goal of our actions, and where intrinsic motivation is the key to participation, engagement, and the satisfaction of multiple dimensions of value. Value Creation and the Internet of Things describes value delivery and consumption, and the mechanisms by which new value is captured and created, in enterprises dedicated to competing and prospering in this new environment. This book is significant in the context of the Internet of Things becoming mainstream, forcing organizations to re-examine their value creation methodologies in light of new consumer behavior and expectations. The Internet of Things will reframe the existence of the ones enriched by it. It will do so not because it can, but because our motivation will demand it. This is a book about reframing reality for new and incumbent organizations. The reality to reframe is not an imaginary one, but the immediate reality in which one operates: the behavior economy.