Internet and Digital Economics

Figures; Tables; Notes on contributors; Acknowledgements; 1. Internet economics, digital economics Eric Brousseau and Nicolas Curien; Part I. Toward a New Economy?: 2. Evolution of the New Economy business model William Lazonick; 3. Discourse on the New Economy: passing fad or mobilizing ideology? Patrice Flichy; 4. The internet boom in a corporate finance retrospective Ulrich Hege and Sébastien Michenaud; Part II. On-line Communities: 5. Information goods and online communities Michel Gensollen; 6. Online consumer communities: escaping the tragedy of the digital commons Nicolas Curien, Emmanuelle Fauchart, Gilbert Laffond, Jean Lainé and François Moreau; 7. Network cooperation and incentives within online communities Godefroy Dang Nguyen and Thierry Pénard; Part III. Network Externalities and Market Microstructures: 8. The internet and network economics Nicholas Economides; 9. E-commerce, two-sided markets and info-mediation Alexandre M. Gaudeul and Bruno Jullien; 10. The economics and business models of prescription in the internet Pierre-Jean Benghozi and Thomas Paris; Part IV. Producing, Distributing and Sharing Information Goods: 11. Bundling and competition on the internet Yannis Bakos and Erik Brynjolfsson; 12. Pricing information goods: free vs. pay content Marc Bourreau and Virginie Lethiais; 13. Open software: knowledge openness and coalition in cyberspace Dominique Foray, Sylvie Thoron and Jean-Benoît Zimmermann; 14. Simulating code growth in libre (open-source) mode Jean-Michel Dalle and Paul A. David; Part V. How e-Markets Perform: 15. Economic insights from internet auctions Patrick Bajari and Ali Hortacsu; 16. Consumer search and pricing behaviour in internet markets Maarten Janssen, José Luis Moraga-Gonzalez and Matthijs Wildenbeest; 17. Are neighbors welcome? E-buyer search, price competition and coalition strategy in internet retailing Hervé Tanguy and Jacques Laye; 18. Online bidding and online buying on the same website Marc Bourreau and

Eric Brousseau is Professor of Economics at the University of Paris X. Nicolas Curien serves as Commissioner for the French Regulation Commission for Electronic Communications and Postal Services (ARCEP). He is also Professor of Economics at the Conservatoire National des Arts et Metiers, Paris.

'This is an unusually rich volume which, in twenty-five chapters written by international experts, considers in varied and original ways aspects of the digital economy from communities to markets to institutions. The editors impose a structure on the whole. It is both challenging and rewarding.' Martin Cave, Professor and Director of the Centre for Management under Regulation, Warwick Business School, University of Warwick 'From on-line communities to open source software, from multi-sided markets to Internet auctions and search, from Internet governance to the Internet bubble; this comprehensive collection of 25 essays offers a wealth of information and theoretical thinking about key aspects of information and communication technologies. The result is an important resource for all those interested in the economics of the Internet.' Jean Tirole, Scientific Director, Institut d' Economie Industrielle, Toulouse 'This excellent volume is a valuable resource both for those already deeply involved with Internet scholarship and policy and for readers looking for an introduction to the cutting edge issues in digital economics and business strategy. Brousseau and Curien have assembled an impressive array of scholars whose work covers the spectrum of economic, financial, organizational, and cultural impacts of the Internet and evolving models for its use. Particularly useful is the way that, in each area of coverage, this volume provides an introduction, an explanation of relevant analytical tools, and an application of those tools to important, current problems. The result is a book that provides essential context and background while at the same time advancing the state of our knowledge about digital networks. This volume is a 'must read' for anyone working on, or just interested in, Internet policy.' Howard A. Shelanski, Professor of Law, University of California, Berkeley 'This book on internet and digital economics presents a multi-perspective and multi-disciplinary