Wataru Nakayama, WIlliam Boulton, Michael Pecht
Technological advances in processing and communicating information facilitate enormous economic transformations. This Handbook Volume surveys aspects of these transformations for information system researchers, economists, graduate students, and sophisticated practitioners. Its chapters focus on interrelated subjects regarding the economics of information systems: the diffusion, adoption, and pricing of information and communication technologies; the impact information technology is having on markets, organization of firms, and methods of innovation; how information technology is altering market frictions, firm competition, firms' knowledge of their customers, and improvements in the mechanisms by which prices are adjusted and information is collected.