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The proceedings of a symposium are divided into seven sections covering organizations and data processing, enterprise information requirement analysis, models of the information processing industry, economic facts in justifying information systems, economics of information processing management, systems and applications development and quantification of software projects. These papers provide a logical basis for understanding the underlying structure of managerial use of information and the economics of this use.
The Economics of Information Technology is a concise and accessible review of some of the 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 effects. These factors combine to produce some unique behavior. The book consists of two parts. In the first part, Professor Varian outlines the basic economics of these industries. In the second part, Professors Farrell and Shapiro describe the impact of these factors on competition policy. The clarity of the analysis and exposition makes this an ideal introduction for undergraduate and graduate students in economics, business strategy, law and related areas.
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