Focuses on the economics of information goods and services, which are sufficiently different from other types of goods and services that a complete understanding of their differences is important to information managers and policymakers.
Note
Contents : Part 1. An introduction to economics : 1. Introduction; 2. Consumer theory and market demand; 3. The cost of output and market supply; 4. Market equilibrium and economic efficiency; Part 2. Market failure and information markets : 5. Externalities and information markets; 6. Information as a public good; 7. Monopolistic pricing and noncompetitive markets; 8. Imperfect information; 9. Information as a commodity versus information as a public good; Part 3. An introduction to cost-benefit analysis : 10. User fees; 11. The value of time; 12. Resource sharing; 13. Cost-benefit analysis;.
Bibliography, etc. Note
Includes bibliographical references (pages 179-191) and index.
Formatted Contents Note
1. Introduction 2. Consumer Theory and Market Demand 3. The Cost of Output and Market Supply 4. Market Equilibrium and Economic Efficiency 5. Externalities and Information Markets 6. Information as a Public Good 7. Monopolistic Pricing and Noncompetitive Markets 8. Imperfect Information 9. Information as a Commodity Versus Information as a Public Good 10. User Fees 11. The Value of Time 12. Resource Sharing 13. Cost-Benefit Analysis Appendix A: Marginal, Average, and Total Costs: More Practice Appendix B: Measuring the Value of Sex Education Appendix C: Ramsey Prices and Economic Efficiency.