The Economics of Internet Markets

@article{Levin2011TheEO,
  title={The Economics of Internet Markets},
  author={Jonathan Levin},
  journal={Ewing Marion Kauffman Foundation Research Paper Series},
  year={2011}
}
  • Jonathan Levin
  • Published 2011
  • Psychology
  • Ewing Marion Kauffman Foundation Research Paper Series
The internet has facilitated the creation of new markets characterized by large scale, increased customization, rapid innovation and the collection and use of detailed consumer and market data. I describe these changes and some of the economic theory that has been useful for thinking about online advertising markets, retail and business-to-business e-commerce, internet job matching and financial exchanges, and other internet platforms. I also discuss the empirical evidence on competition and… Expand
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