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competition. Where firms have some market power, as in the market for information goods, we expect discriminatory pricing to … become the norm. Apart from posted prices, the internet has extended the use of auctions, even to relatively low-value goods … well as economic efficiency, and may emerge as the principal pricing method for a large number of goods and services. …
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The Internet continues to evolve as it reaches out to a wider user population. The recent introduction of user …-friendly navigation and retrieval tools for the World Wide Web has triggered an unprecedented level of interest in the Internet among the … needed in the control mechanisms used to allocate usage of Internet resources. In this paper, we argue that a feedback signal …
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On 23 February 1999 the Assistant Treasurer referred international telecommunic-ations market regulation for inquiry and report within six months. The report focused on the reform of international telecommunications markets, in particular on the payment arrangements between providers of...
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The Internet exhibits forms of interactions which are not captured by existing models in economics, artificial …
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