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Information Rules
Information Rules is a 1999 book by Carl Shapiro and Hal Varian applying traditional economic theories to modern information-based technologies. The book examines commercial strategies appropriate to companies that deal in information, given the high "first copy" and low "subsequent copy" costs of information commodities, such as music CDs or original texts. Content The book examines competing standards, and how a company might influence widespread consumer acceptance of one over another, such as VHS versus Betamax, or HD DVD versus Blu-ray. The book mentions possible business strategies of such publishers as Encyclopædia Britannica who have to confront how to stay viable as technology changes the value and availability of information. See also *''Knowledge and Decisions'' (book) Weblinks Book excerptin Google Books Google Books (previously known as Google Book Search, Google Print, and by its code-name Project Ocean) is a service from Google Inc. that searches the ful ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carl Shapiro
Carl Shapiro (born 20 March 1955) is an American economist and academic who serves as the Transamerica Professor of Business Strategy at the University of California, Berkeley's Haas School of Business. He is the co-author, along with Hal Varian of '' Information Rules: A Strategic Guide to the Network Economy'', published by the Harvard Business School Press. On February 23, 2011, ''The Wall Street Journal'' reported that President Barack Obama intended to nominate Shapiro to his Council of Economic Advisers. Shapiro served as Deputy Assistant Attorney General for Economics in the Antitrust Division of the U.S. Department of Justice (1995–1996). He is a Senior Consultant with Charles River Associates and has consulted extensively for a wide range of private clients as well as for the U.S. Department of Justice and the Federal Trade Commission. Shapiro was again the Deputy Assistant Attorney General for Economics of the Antitrust division of the Justice Department from 2009 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hal Varian
Hal Ronald Varian (born March 18, 1947 in Wooster, Ohio) is Chief Economist at Google and holds the title of emeritus professor at the University of California, Berkeley where he was founding dean of the School of Information. Varian is an economist specializing in microeconomics and information economics. Early life Hal Varian was born on March 18, 1947 in Wooster, Ohio. He received his B.S. from MIT in economics in 1969 and both his M.A. in mathematics and Ph.D. in economics from the University of California, Berkeley in 1973. Career Varian taught at MIT, Stanford University, the University of Oxford, the University of Michigan, the University of Siena and other universities around the world. He has two honorary doctorates, from the University of Oulu, Finland in 2002, and a Dr. h. c. from the Karlsruhe Institute of Technology (KIT), Germany, awarded in 2006. He is emeritus professor at the University of California, Berkeley, where he was founding dean of the School of Inform ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Network Economy
The network economy is the emerging economic order within the information society. The name stems from a key attribute - products and services are created and value is added through social networks operating on large or global scales. This is in sharp contrast to industrial-era economies, in which ownership of physical or intellectual property stems from its development by a single enterprise. Business models for capturing ownership rights for value embedded in products and services created by social networks are being explored. Network economy The network economy may be viewed from a number of perspectives: transition from the industrial economy, digital and information infrastructure, global scale, value networks, and intellectual property rights. From a transitional point of view, Malone and Laubacher (1998) indicate that the Information Revolution has changed the nature of business activity. Because information can be shared instantly and inexpensively on a global scale, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Information Technology
Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of data . and information. IT forms part of information and communications technology (ICT). An information technology system (IT system) is generally an information system, a communications system, or, more specifically speaking, a computer system — including all hardware, software, and peripheral equipment — operated by a limited group of IT users. Although humans have been storing, retrieving, manipulating, and communicating information since the earliest writing systems were developed, the term ''information technology'' in its modern sense first appeared in a 1958 article published in the ''Harvard Business Review''; authors Harold J. Leavitt and Thomas L. Whisler commented that "the new technology does not yet have a single established name. We shall call it information technology (IT)." Their definition consists of three categories: techniques for pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Compact Disc
The compact disc (CD) is a Digital media, digital optical disc data storage format that was co-developed by Philips and Sony to store and play digital audio recordings. In August 1982, the first compact disc was manufactured. It was then released in October 1982 in Japan and branded as ''Compact Disc Digital Audio, Digital Audio Compact Disc''. The format was later adapted (as CD-ROM) for general-purpose data storage. Several other formats were further derived, including write-once audio and data storage (CD-R), rewritable media (CD-RW), Video CD (VCD), Super Video CD (SVCD), Photo CD, Picture CD, Compact Disc-Interactive (CD-i) and Enhanced Music CD. Standard CDs have a diameter of and are designed to hold up to 74 minutes of uncompressed stereo digital audio or about 650 mebibyte, MiB of data. Capacity is routinely extended to 80 minutes and 700 mebibyte, MiB by arranging data more closely on the same sized disc. The Mini CD has various diameters ranging from ; t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
De Facto Standard
A ''de facto'' standard is a custom or convention that has achieved a dominant position by public acceptance or market forces (for example, by early entrance to the market). is a Latin phrase (literally " in fact"), here meaning "in practice but not necessarily ordained by law" or "in practice or actuality, but not officially established". The term ''de facto'' standard is used in contrast with standards defined by organizations or set out in law (also known as ''de jure'' standards), or to express the dominant voluntary standard when there is more than one standard available for the same use. In social sciences a voluntary standard that is also a ''de facto'' standard is a typical solution to a coordination problem. The choice of a ''de facto'' standard tends to be stable in situations in which all parties can realize mutual gains, but only by making mutually consistent decisions. In contrast, an enforced de jure standard is a solution to the prisoner's problem. Examples ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Betamax
Betamax (also known as Beta, as in its logo) is a consumer-level analog recording and cassette format of magnetic tape for video, commonly known as a video cassette recorder. It was developed by Sony and was released in Japan on May 10, 1975, followed by the US in November of the same year. Betamax is widely considered to be obsolete, having lost the videotape format war which saw its closest rival, VHS, dominate most markets. Despite this, Betamax recorders continued to be manufactured and sold until August 2002, when Sony announced that they were discontinuing production of all remaining Betamax models. Sony continued to sell Betamax cassettes until March 2016. Original version Launch and early models The first Betamax device introduced in the United States was the LV-1901 console, which included a color monitor, and appeared in stores in early November 1975. The cassettes contain videotape in a design similar to that of the earlier, professional , U-matic format. L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HD DVD
HD DVD (short for High Definition Digital Versatile Disc) is an obsolete high-density optical disc format for storing data and playback of high-definition video. Supported principally by Toshiba, HD DVD was envisioned to be the successor to the standard DVD format. HD DVD employed a blue laser with a shorter wavelength (with the exception of the 3× DVD and HD REC variants), and it stored about 3.2 times as much data per layer as its predecessor (maximum capacity: 15 GB per layer compared to 4.7 GB per layer on a DVD). The format was commercially released in 2006 and fought a protracted format war with rival Blu-ray. On February 19, 2008, Toshiba abandoned the format, announcing it would no longer manufacture HD DVD players and drives. The HD DVD Promotion Group was dissolved on March 28, 2008. The HD DVD physical disc specifications (but not the codecs) were used as the basis for the China Blue High-definition Disc (CBHD) formerly called CH-DVD. History In the lat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blu-ray Disc
The Blu-ray Disc (BD), often known simply as Blu-ray, is a Digital media, digital optical disc data storage format. It was invented and developed in 2005 and released on June 20, 2006 worldwide. It is designed to supersede the DVD format, and capable of storing several hours of high-definition video (HDTV 720p and 1080p). The main application of Blu-ray is as a medium for video material such as feature films and for the physical distribution of video games for the PlayStation 3, PlayStation 4, PlayStation 5, Xbox One, and Xbox Series X and Series S, Xbox Series X. The name "Blu-ray" refers to the blue laser (which is actually a Violet (color), violet laser) used to read the disc, which allows information to be stored at a greater density than is possible with the longer-wavelength red laser used for DVDs. The polycarbonate disc is in diameter and thick, the same size as DVDs and Compact disc, CDs. Conventional or pre-BD-XL Blu-ray Discs contain 25 gigabyte, GB per layer, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Encyclopædia Britannica
The (Latin for "British Encyclopædia") is a general knowledge English-language encyclopaedia. It is published by Encyclopædia Britannica, Inc.; the company has existed since the 18th century, although it has changed ownership various times through the centuries. The encyclopaedia is maintained by about 100 full-time editors and more than 4,000 contributors. The 2010 version of the 15th edition, which spans 32 volumes and 32,640 pages, was the last printed edition. Since 2016, it has been published exclusively as an online encyclopaedia. Printed for 244 years, the ''Britannica'' was the longest running in-print encyclopaedia in the English language. It was first published between 1768 and 1771 in the Scottish capital of Edinburgh, as three volumes. The encyclopaedia grew in size: the second edition was 10 volumes, and by its fourth edition (1801–1810) it had expanded to 20 volumes. Its rising stature as a scholarly work helped recruit eminent con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Knowledge And Decisions
''Knowledge and Decisions'' is a non-fiction book by American economist Thomas Sowell. The book was initially published in 1980 by Basic Books and reissued in 1996. Sowell analyzes social and economic knowledge and how it is transmitted through society, and how that transmission affects decision making. The book's central theme of dispersed knowledge is drawn from F.A. Hayek's article "The Use of Knowledge in Society." Hayek said that this book expanded admirably on his original concepts and made them clear to lay readers, with examples of economic activity drawn from the real world. Reason, 1981, retrieved 2021-07-24 Sowell rejects the tendency to put economic and political decisions and their results in moral terms. Doing so, he argues, ignores the tradeoffs and limitations inherent in every economic system and society. Consistent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Google Books
Google Books (previously known as Google Book Search, Google Print, and by its code-name Project Ocean) is a service from Google Inc. that searches the full text of books and magazines that Google has scanned, converted to text using optical character recognition (OCR), and stored in its digital database.The basic Google book link is found at: https://books.google.com/ . The "advanced" interface allowing more specific searches is found at: https://books.google.com/advanced_book_search Books are provided either by publishers and authors through the Google Books Partner Program, or by Google's library partners through the Library Project. Additionally, Google has partnered with a number of magazine publishers to digitize their archives. The Publisher Program was first known as Google Print when it was introduced at the Frankfurt Book Fair in October 2004. The Google Books Library Project, which scans works in the collections of library partners and adds them to the digital invent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
