18 novembro 2002

CONTAMINANTES
Economics of Information Based (Network) Products: This is a course about the economics of information goods, those goods at the center of the modern economy. You will learn how information goods differ from regular goods, the nature of competition in these markets, how these goods should be priced, problems with copying these goods, and how markets with information goods evolve. We also will apply these and other basic economic concepts to an understanding of how the Internet economy will likely develop, why the dotcoms went belly up, and public policy issues surrounding these goods, such as MP3 downloading (Napster and its successors) the Microsoft case.