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Description

The Economics of Information Technology is a concise and accessible review of important economic factors affecting information technology industries. These industries are characterized by high fixed costs and low marginal costs of production, large switching costs for users, and strong network... read more

Ridiculously Simplified Synopsis

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First Sentence

During the 1990s there were three back-to-back events that stimulated investment in information technology: telecommunications deregulation in 1996, the "year K" problem in 1998-99, and the "dot com" boom in 1999-2000.

Authors & Contributors

  1. Hal R. Varian (Author)
 

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