The Internet Economy

"In The Internet Economy: Access, Taxes, and Market Structure, Alan E. Wiseman examines the underlying economics of the Internet and e-commerce and considers the appropriate role for government in this supposedly "frictionless market?" Drawing on existing economic theory and empirical studies of current practice, Wiseman addresses the pricing of access; the pricing of online goods and services; the relationship between network effects, technological innovation, and business strategy; and the taxation of online commerce. His wide-ranging discussion extends to theoretical possibilities that might lead to more efficient market arrangements in the future." "As tomorrow's economy becomes today's, this book is a first step toward understanding where we are going and where we need to look next."--BOOK JACKET.