Rayna, Thierry; Striukova, Ludmila - In: Prometheus 28 (2010) 3, pp. 267-285
The aim of this paper is to evaluate, from an economic perspective, the efficiency of Web 2.0. It demonstrates that, because of the non-monetary nature of Web 2.0, several sources of inefficiencies (search costs, externalities, crowding out and adverse selection) exist. Nonetheless, the economic...