Internet Economics

The Internet, a growing network of networks, is an often touted and often misunderstood technology. It has its own infrastructure complete with service providers, private networks, user communities, international links, etc. similar to telephone or telegraph industries. However, the Internet is m...

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Bibliographic Details
Main Author: Bailey, Joseph P.
Language:en_US
Published: 2002
Subjects:
Online Access:http://hdl.handle.net/1721.1/1529
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author Bailey, Joseph P.
author_facet Bailey, Joseph P.
author_sort Bailey, Joseph P.
collection MIT
description The Internet, a growing network of networks, is an often touted and often misunderstood technology. It has its own infrastructure complete with service providers, private networks, user communities, international links, etc. similar to telephone or telegraph industries. However, the Internet is more decentralized and less application-specific than traditional telecommunication industries. These differences extend beyond the technology of the Internet to the economics and policies. This paper explores Internet economics, a growing field which encompasses the technology, economics, and policy surrounding the Internet. It identifies different communities who have overlapping interests in this field and how their preconceived notions of how the Internet operates create contradictory views on how this technology will continue to evolve in a self-sustaining manner. Specifically, it explores the issue of usage sensitive pricing versus flat-fee pricing as applied to the Internet. It provides anecdotal evidence to support general views communities have towards pricing issues. It identifies roadblocks to implement usage sensitive pricing on the Internet. It describes short-term projects that will provide better data to enable a better understanding of the issues.
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spelling mit-1721.1/15292019-04-12T08:05:47Z Internet Economics Bailey, Joseph P. internet, economics The Internet, a growing network of networks, is an often touted and often misunderstood technology. It has its own infrastructure complete with service providers, private networks, user communities, international links, etc. similar to telephone or telegraph industries. However, the Internet is more decentralized and less application-specific than traditional telecommunication industries. These differences extend beyond the technology of the Internet to the economics and policies. This paper explores Internet economics, a growing field which encompasses the technology, economics, and policy surrounding the Internet. It identifies different communities who have overlapping interests in this field and how their preconceived notions of how the Internet operates create contradictory views on how this technology will continue to evolve in a self-sustaining manner. Specifically, it explores the issue of usage sensitive pricing versus flat-fee pricing as applied to the Internet. It provides anecdotal evidence to support general views communities have towards pricing issues. It identifies roadblocks to implement usage sensitive pricing on the Internet. It describes short-term projects that will provide better data to enable a better understanding of the issues. 2002-07-23T13:54:56Z 2002-07-23T13:54:56Z 1995 http://hdl.handle.net/1721.1/1529 en_US 63330 bytes application/pdf application/pdf
spellingShingle internet, economics
Bailey, Joseph P.
Internet Economics
title Internet Economics
title_full Internet Economics
title_fullStr Internet Economics
title_full_unstemmed Internet Economics
title_short Internet Economics
title_sort internet economics
topic internet, economics
url http://hdl.handle.net/1721.1/1529
work_keys_str_mv AT baileyjosephp interneteconomics