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Since the fall of 2008, a debate has raged in Washington over "targeted online advertising," shorthand for the customization of Internet ads to match the interests of users. Not only are these ads more relevant and therefore less annoying to Internet users than untargeted ads, they are more...
Persistent link: https://www.econbiz.de/10014210291
The Federal Trade Commission should avoid laying the groundwork for more onerous regulation of the online advertising marketplace, which could become the equivalent of a disastrous industrial policy for the Internet and choke resources needed to fuel e-commerce and online free speech going...
Persistent link: https://www.econbiz.de/10014210302
Concluding thoughts and outlook for the future of the technology. For Chapter 1 (Introduction), see "https://ssrn.com/abstract=3135021" https://ssrn.com/abstract=3135021. For Chapter 2 (Means of Exchange: Ever-present Competition), "https://ssrn.com/abstract=3135028"...
Persistent link: https://www.econbiz.de/10012925823
In this chapter, we discuss economic aspects of cryptocurrencies. 4.1. The double spending problem 4.2. How does Bitcoin work? Brief overview 4.3. Not the first one – predecessors of Bitcoin 4.4. Problems with Bitcoin (new challenges) 4.5. Competition against other crypto-currencies 4.6....
Persistent link: https://www.econbiz.de/10012925826
In this chapter, we analyze digital currencies issued by Internet platforms. We use examples of Facebook Credits, Amazon Coins, World of Warcraft gold and Linden dollars to illustrate how designing the features of digital currencies allows the platforms to enhance their business model. 3.1....
Persistent link: https://www.econbiz.de/10012925829
In this chapter, we present the history of money in the light of ever-present competition between means of payment. 2.1. The medium of exchange – historical overview 2.2. What roles does money serve? 2.3. Competing money 2.3.1. Coexistence is costly 2.3.2. Network effects 2.3.3. The difficulty...
Persistent link: https://www.econbiz.de/10012925830
Introductory thoughts, and preview of topics discussed in later chapters. For Chapter 2 (Means of Exchange: Ever-present Competition), see https://ssrn.com/abstract=3135028. For Chapter 3 (Platform-based Currencies), see https://ssrn.com/abstract=3135030. For Chapter 4 (Cryptocurrencies), see...
Persistent link: https://www.econbiz.de/10012925831
The quality of teaching and learning today is still a distant dream, even when compared to the access to education. The last decade has seen an outbreak of some kind; in educational technologies, again a much debated topic but poorly substantiated. This paper synthesises facts and trends from...
Persistent link: https://www.econbiz.de/10013034534
Development and usage of information and communication technology (ICT) is continuously growing in the last 30 years. The main reason is that ICT has a great potential to improve the efficiency of business processes, to increase the competitiveness, but also to facilitate and drive innovations....
Persistent link: https://www.econbiz.de/10012908401
The term Big Data is being used widely by companies and researchers who consider your relevant functionalities or applications to create value and business innovation. However some questions arise about what is this phenomenon and, more precisely, how it occurs and under what conditions it can...
Persistent link: https://www.econbiz.de/10012985481