Internet Growth and Economic Theory

Rajeev Goel and Edward W.T. Hsieh ()
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Edward W.T. Hsieh: Illinois State University

Netnomics, 2002, vol. 4, issue 2, 221-225

Abstract: Abstract This paper focuses on economic implications of the Internet. We argue that some effects of the Internet can be understood within the context of traditional economics. Specifically, the Internet has the potential to make market more contestable and hence more competitive. Policy issues are also discussed.

Keywords: competition; contestable markets; Internet; sunk costs (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (21)

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DOI: 10.1023/A:1021225514442

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