Title :
Internet economics: when constituencies collide in cyberspace
Author :
McKnight, Lee W. ; Bailey, Joseph P.
Author_Institution :
MIT, Cambridge, MA, USA
Abstract :
Computer engineering, economics and public policy offer different perspectives on the problem of sustaining Internet growth without abandoning the technological innovations that underpin the infrastructure-and culture-of global information. This article offers a framework for addressing this interdisciplinary challenge. We examine how the often conflicting and overlapping interests of different Internet constituencies are beginning to yield to a rough consensus. In particular, we believe these constituencies are beginning to recognize that the growth of the Internet can be explained by a combination of three features: its technical characteristic of statistical sharing, its economic feature of positive network externalities, and its policy objective of interoperability
Keywords :
DP industry; Internet; economics; government policies; Internet constituencies; Internet economics; Internet growth; computer engineering; conflicting interests; consensus; culture; cyberspace; global information; infrastructure; interdisciplinary challenge; interoperability; network externalities; overlapping interests; public policy; statistical sharing; technical characteristics; technological innovations; Bandwidth; Character recognition; Clouds; Electronic commerce; IP networks; Pricing; Public policy; Technological innovation; Telecommunication traffic; Web and internet services;
Journal_Title :
Internet Computing, IEEE
DOI :
10.1109/4236.643934