Information Rules: A Strategic Guide to the Network Economy
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- ISBN13: 9780875848631
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
Product Description
In a marketplace that depends so thoroughly on cutting-edge information technology, can classic economic principles still offer any real strategic value? Yes! say Carl Shapiro and Hal Varian. In Information Rules, they reveal that many conventional economic concepts can provide the insight and understanding necessary to succeed in the information age. Shapiro and Varian argue that if managers seriously want to develop effective strategies for competing in the n… More >>
Information Rules: A Strategic Guide to the Network Economy
March 12th, 2010 at 12:55 pm
I’m not an economist, so I really appreciate how the authors breakdown all the concepts into laymen’s terms. And my instructor seems to like this book, so I’m stuck reading it–so I might as well get some good out of it. Rating: 3 / 5
March 12th, 2010 at 3:18 pm
I saved a lot of money buying this textbook on-line. It was in good quality. Rating: 5 / 5
March 12th, 2010 at 3:49 pm
Information Rules:A Strategic Guide to the Network Economy by Carl Shapiro.Hal R. Varian Rating: 5 / 5
March 12th, 2010 at 6:28 pm
Readers should have an basic in some Economic. You can see the world be changed by IT. Rating: 5 / 5
March 12th, 2010 at 7:28 pm
The book starts by proclaiming that neo-classical economics is adequate for explaining the information economy. This claim is not backed up in the book. First, textbook neo-clasical equilibrium theory contains neither money nor ‘information’. Second, the book merely discusses qualitatively and nonsystematically ideas like positive feedback and increasing returns that were better presented by Brian Arthur. Third, even asymmetric information is not discussed (Ackerlof and Stiglitz are not even mentioned). Fourth (or zeroth), there is not a single empirical graph in the entire book, and nothing of modern ideas of network theory. So I would say that the book is more or less on the same level as Kelly’s (pre-bubble-bust) “New Rules for the New Economy”. All of these books implicitly hype the unregulated free market, in the face of both qualitative and empirical evidence that unregulated markets are not only unstable but are detrimental to human health and well-being. Rating: 2 / 5