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How Digital Communication Technology Shapes Markets

2016-12-07 Science
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Release : 2016-12-07
Genre : Science
Kind : eBook
Book Rating : 50X/5 ( reviews)

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Book Synopsis How Digital Communication Technology Shapes Markets by : Swati Bhatt

Download or read book How Digital Communication Technology Shapes Markets written by Swati Bhatt. This book was released on 2016-12-07. Available in PDF, EPUB and Kindle. Book excerpt: This Palgrave Pivot explores how communication technology such as the Internet has changed the nature of trade, focusing especially on economy-wide reductions in company size (granularity) and the role of retailers (disintermediation). By increasing access to comparative data, influencing conceptions of time, and reducing the number of intermediaries between creator and consumer, technological connectivity is changing the very definition of competition. In the new network economy, disintermediation and granularity are turning cooperative information gathering and sharing into a vital market institution. To exemplify the effects of communication technology, Bhatt focuses on two markets with particularly powerful effects on the economy: labor and education, and CIME (communication, information services, media, and entertainment). Mobile connectivity is radically changing the extent, capabilities, and operations of these markets, both in terms of the services they provide and how they interact with consumers. Bhatt also explores how these benefits intersect with new concerns about privacy and security when the line between public and private information is becoming ever more fluid.

Digital Economics

2018-06-30
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Release : 2018-06-30
Genre :
Kind : eBook
Book Rating : 391/5 ( reviews)

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Book Synopsis Digital Economics by : Harald Øverby

Download or read book Digital Economics written by Harald Øverby. This book was released on 2018-06-30. Available in PDF, EPUB and Kindle. Book excerpt: Innovations and developments in technology have laid the foundations for an economy based on digital goods and services-the digital economy. Digital Economics: How Information and Communication Technology is Shaping Markets, Businesses, and Information invites you to take an in-depth look at the impact that technological innovations such as social media, cryptocurrencies, crowdsourcing, and even online gaming has had on today's business landscape. Learn about the various business models available for the digital economy, including the business models used by Bitcoin, Spotify, Wikipedia, World of Warcraft, Facebook, and Airbnb. Peppered with anecdotes on the various technological innovations which have shaped markets throughout history, Digital Economics details the evolution of contemporary economics within the digital stratosphere and highlights the complex ecosystem that makes up the field of digital economics. Including models and tools that are essential for analysis and better understanding of the digital economy, as well as activities which will allow the reader to reflect, analyze, and apply the knowledge and tools presented in each chapter, Digital Economics is a definitive guide to the complexities and nuances of this burgeoning and fascinating field of study.

Technology and Corporate Law

2021-08-27 Law
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Release : 2021-08-27
Genre : Law
Kind : eBook
Book Rating : 169/5 ( reviews)

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Book Synopsis Technology and Corporate Law by : Godwin, Andrew

Download or read book Technology and Corporate Law written by Godwin, Andrew. This book was released on 2021-08-27. Available in PDF, EPUB and Kindle. Book excerpt: In light of the overwhelming impact of technology on modern life, this thought-provoking book critically analyses the interaction of innovation, technology and corporate law. It highlights the impact of artificial intelligence and distributed ledgers on corporate governance and form, examining the extent to which technology may enhance or displace conventional theories and practices concerning corporate governance and regulation. Expert contributors from multiple jurisdictions identify themes and challenges that transcend national boundaries and confront the international community as a whole.

OECD Economic Surveys: Austria 2017

2017-07-17
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Release : 2017-07-17
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Kind : eBook
Book Rating : 761/5 ( reviews)

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Book Synopsis OECD Economic Surveys: Austria 2017 by : OECD

Download or read book OECD Economic Surveys: Austria 2017 written by OECD. This book was released on 2017-07-17. Available in PDF, EPUB and Kindle. Book excerpt: Austria is a stable and wealthy economy and growth has picked up following the 2016 tax reform and the recovery of export demand. Employment has expanded, driven by rising participation of women and elderly and by immigration, although hours worked per worker have declined.

The Attention Deficit

2019-09-05 Business & Economics
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Release : 2019-09-05
Genre : Business & Economics
Kind : eBook
Book Rating : 481/5 ( reviews)

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Book Synopsis The Attention Deficit by : Swati Bhatt

Download or read book The Attention Deficit written by Swati Bhatt. This book was released on 2019-09-05. Available in PDF, EPUB and Kindle. Book excerpt: Digital technology has enabled connectivity on an unimagined scale. Human beings are social animals and economic activity promotes this socialization. Market transactions are based on optimism about the future, faith that the world is good and trust that growth is organic or coming from within the system. Individuals therefore invest in the future by having children, by extending credit and accepting risk, and by building connections with others in the sincere expectation of this connectivity being reciprocated. This book explores the unintended consequences of ubiquitous connectivity. The first effect is captured by the sharing model. Technology offers multiple avenues for sharing experiences and personal information, so active engagement with this increased content uses mental effort. Connection inevitably leads to comparisons with other groups and individuals, so despite the benefits of affirmation and group inclusion, these links corrode social networks, leading to depression and mental apathy. The second effect--the result of the commercialization of sharing--is encapsulated in the attention deficit model. Loss of self-worth, driven by the first effect, encourages further connectivity and sharing as buyers seek more comfort and reassurance via social media, paying with time and personal information. The product is digital content and the payment is with time and data. Correspondingly, social media fulfills this demand with exuberance, both via user-generated content and commercially curated content. We are overwhelmed with even more information, paying with increasingly scarce time and attention. Finally, the third and most consequential effect is diminished risk taking. Attention scarcity, as a consequence of the content tsunami, throttles cognitive effort, impairing judgment and decision-making. So the safe bet may be to do nothing . . . take no risks and no gambles. Weaving together the latest research on economics, psychology, and neuroscience, this book fills a void for readers wanting a smart, clear analysis of communications markets and the commercialization of Internet-inspired connectivity.

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