Vymezení a aktuální problémy informační ekonomiky

Definition and topical problems of the information economy

Petr Očko

Politická ekonomie, 2005, vol. 2005, issue 3, 383-404

Abstract: The core aim of this paper is to suggest comprehensive definition of the information economy and delineate the range of economic problems it deals with, paying particular attention to its connections to the economics of information. The text, in the extent provided, can not investigate thoroughly all the subjects associated with the information economy; it rather presents overview of the most important issues and illustrates them with examples from real and virtual markets. The major subjects concerned include: information asymmetries, revelation principle, network effects and externalities, economies of scale, standard wars, switching costs and lock-ins, multiple competitive equilibria, characteristics of online markets, impact of information technology on productivity, implications for governmental policies.

Keywords: productivity; economics of information; information economy; network economy; economics of networks; information asymmetry; e-commerce; competitive equilibrium (search for similar items in EconPapers)
JEL-codes: C70 D23 D40 D80 O12 O30 O47 (search for similar items in EconPapers)
Date: 2005
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DOI: 10.18267/j.polek.512

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