The Economics of Information

The Economics of Information

Alchian , A. 1969 Information costs , pricing , and resource unemployment . Western Economic Journal 7 : 109-128 . Arrow , K. J. 1971. Essays in the Theory of Risk - Bearing . Chicago : Markham , and Amsterdam : North - Holland .

Author: Kenneth Joseph Arrow

Publisher: Harvard University Press

ISBN: 0674137639

Category: Business & Economics

Page: 302

View: 189

A collection of essays on the theory of information as an economic commodity includes discussions of statistical methods, property rights, and economic planning
Categories: Business & Economics

Economics of Information and Knowledge

Economics of Information and Knowledge

... the seller whom he happened to canvass, if he were content to buy from the first seller. But, if the dispersion of price quotations of sellers is at all large (relative to the cost of search), it will pay, on 62 Economic Organization.

Author: Donald McLean Lamberton

Publisher: [Harmondsworth, Eng.] : Penguin Books

ISBN: IND:30000047617455

Category: Economics

Page: 384

View: 119

The economics of knowledge and the knowledge of economics, by K.E. Boulding.--Economics of inquiring, communicating, deciding, by J. Marschak.--The economics of information, by G.J. Stigler.--An information version of pure competition, by R.A. Jenner.--Information networks in labour markets, by A. Rees.--Information without profit, by G. Tullock.--Economic welfare and the allocation of resources for invention, by K.J. Arrow.--Information and efficiency: another viewpoint, by H. Demsetz.--The tax treatment of research and innovative investment, by R.E. Slitor.--The benefit and cost of government support for research and development: a case study, by K. Grossfield and J.B. Heath.--The patent system, by A. Silbertson.--Policy for the transfer of results, by Organisation for Economic Co-operation and Development.--International trade and technical change, by M.V. Posner.--International trade in inputs and outputs, by R.E. Baldwin.--Long-range formal planning in perspective, by B.S. Loasby.--A scarce resource called curiosity, by D. Davies.--Technological forecasting in corporate planning, by E. Jantsch.--Information, rationality, and free choice in a future democratic society, by M. Shubik.--Bibliography: p. 366-376.
Categories: Economics

Economics of Information Security and Privacy

Economics of Information Security and Privacy

He explained why modeling, from a range of economic and mathematical perspectives, is necessary if the management of information security investments is to evolve into a more rigorous engineering science. He emphasized the need for ...

Author: Tyler Moore

Publisher: Springer Science & Business Media

ISBN: 9781441969675

Category: Computers

Page: 320

View: 139

The Workshop on the Economics of Information Security (WEIS) is the leading forum for interdisciplinary research and scholarship on information security and privacy, combining ideas, techniques, and expertise from the fields of economics, social science, business, law, policy, and computer science. In 2009, WEIS was held in London, at UCL, a constituent college of the University of London. Economics of Information Security and Privacy includes chapters presented at WEIS 2009, having been carefully reviewed by a program committee composed of leading researchers. Topics covered include identity theft, modeling uncertainty's effects, future directions in the economics of information security, economics of privacy, options, misaligned incentives in systems, cyber-insurance, and modeling security dynamics. Economics of Information Security and Privacy is designed for managers, policy makers, and researchers working in the related fields of economics of information security. Advanced-level students focusing on computer science, business management and economics will find this book valuable as a reference.
Categories: Computers

The Economics of Information in the Networked Environment

The Economics of Information in the Networked Environment

PART III: ECONOMIC MODELING OF INVESTMENTS IN INFORMATION RESOURCES AT ACADEMIC INSTITUTIONS Malcolm Getz Moderator Speakers: The Economics of Information, Roger Noll The Economics of the Internet and Academia, Hal Varian The Economics ...

Author: Meredith A. Butler

Publisher: Routledge

ISBN: 9781000758009

Category: Language Arts & Disciplines

Page: 324

View: 904

In this book, first published in 1998, world-renowned experts on the subject of contemporary librarianship analyse the problems associated with coping with an ever-expanding knowledge base, given their current economic constraints and budgets. It examines challenging marketplace solutions to problems in the economics of information; economic modelling of investments in information resources at academic institutions; the economics of resource sharing, consortia, and document delivery; and measuring the costs and benefits of distance learning.
Categories: Language Arts & Disciplines

The economics of information

The economics of information

Conclusions The globalization of economic processes, digitization and media convergence have increased the role of information in the modern economy. Information has become an indispensable catalyst for processes, a desired commodity ...

Author: Przemysław Deszczyński

Publisher: Wydawnictwo Poznańskiego Towarzystwa Przyjaciół Nauk

ISBN: 9788376544892

Category: Business & Economics

Page: 152

View: 760

The economics of information. Theory and practice is an English-language version of the monograph Ekonomia informacji written in September 2019 and published at the beginning of 2020. The idea of translating it into English was born after posting the texts on Research-Gate. Then requests to make it available in English appeared. Rapid changes that have taken place in the world economy over the past year caused some authors to consider it necessary to include them in their texts. Therefore, the update of the texts have been provided, mainly in the context of consequences of the pandemic, but also concerning the entry of Brexit into the next phase. Attention was paid not only to the theoretical but most of all to the practical dimension of information economics. Moreover, the comments that appeared in reviews published in scientific journals, including those concerning the structure of work, have been taken into account. The monograph consists of eight chapters. Each of them was written by a different author. In the first chapter, the conceptualization of the term ‘economics of information’ was presented. It covers the genesis of information economics, an original definition and methodological foundations. It is a starting point and supporting structure of the entire book. The authors of the remaining chapters refer to and comply with the adopted convention of analysis presented by the research editor. The second chapter is devoted to the economics of information in internal communication in the era of social media. It constitutes a sort of bridge between information economics and public relations narrowed down to internal communication. Jacek Trębecki refers to the relationship between behavioral economics and classical economics. He emphasizes that the consequence of information asymmetry may be its influence on distortion of decisions. Chapter three by Waldemar Rydzak – Changes in Access to Information in Crisis Situations – as intended by the author, is to be a starting point for a discussion about the role of information in the contemporary market, which is more and more frequently discussed in the context of the fourth digital wave of development, with significant influence of mass media and the Internet, also in the context of the COVID-related situation. In the fourth chapter, Filip Kaczmarek used the assumptions of counterfactual analysis in his considerations, and on the basis of its results he showed that the so-called opportunity costs, or ‘cost of non-Europe’, are used as an instrument of legitimizing the European Union. In chapter five by Aleksandra Rabczun, Brexit and the Economics of Information, the Brexit case was analyzed in the context of the role played by information economics in this process. Chapter six, written by Izabela Janicka, is an example of using the concept of economics of information to analyze one country, in this case Germany. It was also assumed that both macro and micro aspects are taken into account. The author points to the overriding role of information in the post-industrial economy and to the fact that information has become one of the basic production factors. She also introduces the concept of a functional information minimum and an information gap. In the seventh chapter Marcin Leszczyński defines the role of the state’s reputation in reducing information asymmetry in the global market. The chapter ends with the analysis of policy and diplomacy in shaping trust in a government and the demand for products from a given country on the example of the trade war between the US and China. In the eighth chapter, Information, Welfare and Migrations – Practical Remarks in the Context of the Economics of Information, Katarzyna Świerczyńska fitted into the scope of research on the impact of information on economy and economic decisions of entities at the mega-economic level.
Categories: Business & Economics

Economics of Information Security

Economics of Information Security

This is the state of the security of the global information infrastructure. Certainly, the web server at the Port of Houston was ... There is a problem in the economics of security, and more broadly in the economics of information ...

Author: L. Jean Camp

Publisher: Springer Science & Business Media

ISBN: 9781402080890

Category: Business & Economics

Page: 300

View: 466

Designed for managers struggling to understand the risks in organizations dependent on secure networks, this book applies economics not to generate breakthroughs in theoretical economics, but rather breakthroughs in understanding the problems of security.
Categories: Business & Economics

The Economics of Information Technology

The Economics of Information Technology

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 ...

Author: Hal R. Varian

Publisher: Cambridge University Press

ISBN: 9781139456722

Category: Business & Economics

Page:

View: 807

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.
Categories: Business & Economics

Approaches and Processes for Managing the Economics of Information Systems

Approaches and Processes for Managing the Economics of Information Systems

Recent advancements of information technology and systems are altering both the economy and society in a rapid and unforeseen way. The exponential technological evolution of past, and the structural change in Information ...

Author: Tsiakis, Theodosios

Publisher: IGI Global

ISBN: 9781466649842

Category: Computers

Page: 449

View: 437

"This book explores the value of information and its management by highlighting theoretical and empirical approaches in the economics of information systems, providing insight into how information systems can generate economic value for businesses and consumers"--Provided by publisher.
Categories: Computers

The Economics of Information Technology

The Economics of Information Technology

Preface This book analyses the development of Information Technology (IT) at both the microeconomic and macroeconomic level. At the microeconomic level, individual firms, universities and research laboratories in Britain, Europe, ...

Author: Paul Jowett

Publisher: Springer

ISBN: 9781349183173

Category: Business & Economics

Page: 108

View: 767

Categories: Business & Economics