LEADER 04081nam 22006495 450 001 9910155276803321 005 20251030162431.0 010 $a9783319472508 010 $a331947250X 024 7 $a10.1007/978-3-319-47250-8 035 $a(PPN)288023706 035 $a(CKB)4340000000024243 035 $a(DE-He213)978-3-319-47250-8 035 $a(MiAaPQ)EBC4766020 035 $a(Perlego)3497458 035 $a(EXLCZ)994340000000024243 100 $a20161207d2017 u| 0 101 0 $aeng 135 $aurnn#008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aHow Digital Communication Technology Shapes Markets $eRedefining Competition, Building Cooperation /$fby Swati Bhatt 205 $a1st ed. 2017. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2017. 215 $a1 online resource (XV, 151 p. 10 illus.) 225 1 $aPalgrave Advances in the Economics of Innovation and Technology,$x2662-3870 311 08$a9783319472492 311 08$a3319472496 320 $aIncludes bibliographical references at the end of each chapters and index. 327 $a1. The Technology: Has Digital Communication Technology Changed the Way Markets Function? Competition or Cooperation? -- 2. The Drivers: Connectivity, Data, and Attention -- 3. The Trends: Granularity, Behemoths, and Cooperation -- 4. The Independent Contractor and Entrepreneurship in Labor Markets -- 5. The On-Demand Economy and How We Live: Communication, Information, Media, and Entertainment -- 6. The Sharing Economy: Information Cascades, Network Effects, and Power Laws -- 7. The Private World of Sharing and Cooperation: Lines not Walls -- 8. The Internet and Regulation: Freedom Necessitates Oversight -- 9. The Conclusion: We Cooperate to Better Comprehend. 330 $aThis Palgrave Pivot explores how communication technology such as the Internet has changed the nature of trade, focusing especially on economy-wide reductions in company size (granularity) and the role of retailers (disintermediation). By increasing access to comparative data, influencing conceptions of time, and reducing the number of intermediaries between creator and consumer, technological connectivity is changing the very definition of competition. In the new network economy, disintermediation and granularity are turning cooperative information gathering and sharing into a vital market institution. To exemplify the effects of communication technology, Bhatt focuses on two markets with particularly powerful effects on the economy: labor and education, and CIME (communication, information services, media, and entertainment). Mobile connectivity is radically changing the extent, capabilities, and operations of these markets, both in terms of the services theyprovide and how they interact with consumers. Bhatt also explores how these benefits intersect with new concerns about privacy and security when the line between public and private information is becoming ever more fluid. 410 0$aPalgrave Advances in the Economics of Innovation and Technology,$x2662-3870 606 $aEconomic development 606 $aEconomics 606 $aCulture 606 $aIndustrial organization 606 $aCommunication 606 $aEconomic Development, Innovation and Growth 606 $aCultural Economics 606 $aIndustrial Organization 606 $aMedia and Communication 615 0$aEconomic development. 615 0$aEconomics. 615 0$aCulture. 615 0$aIndustrial organization. 615 0$aCommunication. 615 14$aEconomic Development, Innovation and Growth. 615 24$aCultural Economics. 615 24$aIndustrial Organization. 615 24$aMedia and Communication. 676 $a338.926 700 $aBhatt$b Swati$4aut$4http://id.loc.gov/vocabulary/relators/aut$0925432 906 $aBOOK 912 $a9910155276803321 996 $aHow Digital Communication Technology Shapes Markets$92077926 997 $aUNINA