Internet Growth and Economic Theory

NETNOMICS: Economic Research and Electronic Networking, 4(2), 2002, pp. 221-225

Posted: 1 Oct 2014

See all articles by Rajeev K. Goel

Rajeev K. Goel

Illinois State University - Department of Economics

Edward Hsieh

Independent

Date Written: September 29, 2014

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: Internet economics, Conestable Markets, Competition, Sunk cost

JEL Classification: L86

Suggested Citation

Goel, Rajeev K. and Hsieh, Edward, Internet Growth and Economic Theory (September 29, 2014). NETNOMICS: Economic Research and Electronic Networking, 4(2), 2002, pp. 221-225. Available at SSRN: https://ssrn.com/abstract=2503061

Rajeev K. Goel (Contact Author)

Illinois State University - Department of Economics ( email )

Normal, IL 61790-4200
United States

Edward Hsieh

Independent ( email )

No Address Available
United States

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