Information economics, electronic networks and regulation: elements of analysis

Alain Herscovici ()

Brazilian Journal of Political Economy, 2004, vol. 24, issue 1, 100-120

Abstract: “Information Economics, electronic networks and regulation: elements of analyze.” This paper aims at analyzing the different components of the so-called new economy. The first part, essentially theoretical, deals with the various conceptions on both the nature and role of information in the working of markets. The second part shows the microeconomic characteristics of electronic networks, evaluating its competitive properties. In the third part, after having outlined the current accumulation regime, the relationship between networks development and the implementation of a new mode of regulation are discussed. As regards this matter, alternative interpretations of Solow paradox are offered. JEL Classification: D82; L86; O38.

Keywords: Information asymmetries; network economics; externalities; Solow’s paradox (search for similar items in EconPapers)
Date: 2004
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