Information Rules
Information Rules is a 1999 book by Carl Shapiro and Hal Varian applying traditional economic theories to modern Information technology, 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 Compact Disc, music CDs or original texts. Content The book examines competing De facto standard, 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 Disc, 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) References External links Book excerpt in Google Books 1999 non-fiction books Information science Works about the informati ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Carl Shapiro
Carl Shapiro (born March 20, 1955) is an American economist and professor at the University of California, Berkeley, Haas School of Business. He is the co-author, along with Hal Varian of ''Information Rules, Information Rules: A Strategic Guide to the Network Economy'', published by the Harvard Business School Press. He served on former US president Barack Obama, Barack Obama's Council of Economic Advisers from 2011 to 2012. 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 United States Department of Justice Antitrust Division, Antitrust division of the Justice Department from 2009 to 2011. Shapiro holds a Bachel ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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. Varian joined Google in 2002 as its chief economist. He played a key role in the development of Google's advertising model and data analysis practices. 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 Tec ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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]   |
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Information Technology
Information technology (IT) is a set of related fields within information and communications technology (ICT), that encompass computer systems, software, programming languages, data processing, data and information processing, and storage. Information technology is an application of computer science and computer engineering. The term is commonly used as a synonym for computers and computer networks, but it also encompasses other information distribution technologies such as television and telephones. Several products or services within an economy are associated with information technology, including computer hardware, software, electronics, semiconductors, internet, Telecommunications equipment, telecom equipment, and e-commerce.. An information technology system (IT system) is generally an information system, a communications system, or, more specifically speaking, a Computer, computer system — including all Computer hardware, hardware, software, and peripheral equipment � ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Compact Disc
The compact disc (CD) is a Digital media, digital optical disc data storage format co-developed by Philips and Sony to store and play digital audio recordings. It employs the Compact Disc Digital Audio (CD-DA) standard and was capable of holding of uncompressed stereo audio. First released in Japan in October 1982, the CD was the second optical disc format to reach the market, following the larger LaserDisc (LD). In later years, the technology was adapted for computer data storage as CD-ROM and subsequently expanded into various writable and multimedia formats. , over 200 billion CDs (including audio CDs, CD-ROMs, and CD-Rs) had been sold worldwide. Standard CDs have a diameter of and typically hold up to 74 minutes of audio or approximately of data. This was later regularly extended to 80 minutes or by reducing the spacing between data tracks, with some discs unofficially reaching up to 99 minutes or which falls outside established specifications. Smaller variants, such ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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De Facto Standard
A ''de facto'' standard is a custom or convention that is commonly used even though its use is not required. is a Latin phrase (literally " of fact"), here meaning "in practice but not necessarily ordained by law" or "in practice or actuality, but not officially established". A ''de facto'' standard contrasts an international standard which is defined by an organization such as International Standards Organization, or a standard required by law (also known as ''de jure'' standards). Joint technical committee on information technology (ISO/IEC JTC1) developed a procedure in order for de facto standards to be processed through the formal standardization system to be transformed into international standards from ISO and IEC. 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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Betamax
Betamax (also known as Beta, and stylized as the Greek letter Beta, β in its logo) is a discontinued consumer analog Videotape, video cassette recording format developed by Sony. It was one of the main competitors in the videotape format war against its primary rival, VHS. Betamax was introduced in Japan on May 10, 1975, and launched in the United States later that year. Betamax was widely regarded, in part due to Sony's marketing, as offering superior picture quality compared to VHS. Its initial β1 speed provided 250 horizontal lines of resolution, compared to VHS's 240 lines, but early Beta tapes were limited to 60 minutes of recording time, making them impractical for recording movies or sporting events. To address this, Sony introduced the β2 speed, which doubled recording time to two hours but reduced resolution, negating its technical advantage. VHS's commercial success over Betamax was also driven by JVC's strategy of licensing the format broadly, spurring competition ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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HD DVD
HD DVD (short for High Density Digital Versatile Disc) is an obsolete high-density optical disc format for storing data and playback of high-definition video.Alternative Uses for your soon to be obsolete HD-DVD Player . Retrieved September 18, 2019.Format Wars Retrieved September 18, 2019.HD DVD owners 'anger' over obsolete players Retrieved September 18, 2019. [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Blu-ray Disc
Blu-ray (Blu-ray Disc or BD) is a Digital media, digital optical disc data storage format designed to supersede the DVD format. It was invented and developed in 2005 and released worldwide on June 20, 2006, 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 refers to the blue 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, resulting in an increased capacity. The polycarbonate disc is in diameter and thick, the same size as DVDs and Compact disc, CDs. Conventional (or "pre-BDXL") Blu-ray discs contain 25gigabyte, GB per layer, with dual-layer discs (50GB) being the industry standard for fe ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Encyclopædia Britannica
The is a general knowledge, general-knowledge English-language encyclopaedia. It has been published by Encyclopædia Britannica, Inc. since 1768, although the company has changed ownership seven times. 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 encyclopedia, 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 Edinburgh, Scotland, in 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 contributors, and the 9th (1875–1889) and Encyclopædia Britannica Eleventh Edition, 11th editions (1911) are landmark encyclopaedias for scholarship and literary ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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. Consiste ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Google Books
Google Books (previously known as Google Book Search, Google Print, and by its code-name Project Ocean) is a service from Google 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 inventory, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |