Network economics refers to business economics that benefit from the network effect, examples are website such as which multinational e-commerce corporation, facilitating online consumer-to-consumer and business-to-consumer sales?
de8dc9f0df5be51cf2cdcaff1f910636
Network economics Network economics refers to business economics that benefit from the network effect. It is also known as Netromix. This is when the value of a good or service increases when others buy the same good or service. Examples are website such as EBay, or iVillage where the community comes together and shares thoughts to help the website become a better business organization.
444c95887cc0e05254d7bc99e4e50021
EBay eBay Inc. ( , stylized as ebay) is a multinational e-commerce corporation, facilitating online consumer-to-consumer and business-to-consumer sales. It is headquartered in San Jose, California. eBay was founded by Pierre Omidyar in 1995, and became a notable success story of the dot-com bubble. Today it is a multibillion-dollar business with operations in about 30 countries.
347dc6fab6d5850dfd1dcd01857aba62
Customer to customer Customer to customer (C2C) markets provide an innovative way to allow customers to interact with each other. Traditional markets require business to customer relationships, in which a customer goes to the business in order to purchase a product or service. In customer to customer markets, the business facilitates an environment where customers can sell goods or services to each other. Other types of markets include business to business (B2B) and business to customer (B2C).
f1f40f4ad11ea7266bc1ea08e547a502
Network effect A network effect (also called network externality or demand-side economies of scale) is the effect described in economics and business that one user of a good or service has on the value of that product to others. When a network effect is present, the value of a product or service is dependent on the number of others using it.
e34ad6f4896d909d315eb87622bbd222
Consumer education Consumer education is the preparation of an individual through skills, concepts and understanding that are required for everyday living to achieve maximum satisfaction and utilization of his/her resources. It is defined as education given to the consumer about various consumer goods and services, covering price, what the consumer can expect, standard trade practice, etc. Such information may be relayed through magazines, websites or word of mouth. While consumer education can help consumers to make more informed decisions, some researchers have found that its effects can drop off over time, suggesting the need for education initiatives to be ongoing or periodically repeated.
2a5d79bc1df1893ce0b0ab5b273260a5
Globalization Globalization (or globalisation; see spelling differences) is the increasing interaction of people through the growth of the international flow of money, ideas and culture. Globalization is primarily an economic process of integration which has social and cultural aspects as well. It involves goods and services, and the economic resources of capital, technology and data. Advances in the means of transport (such as the steam locomotive, steamship, jet engine, and container ships) and in telecommunications infrastructure (including the rise of the telegraph and its modern offspring, the Internet and mobile phones) have been major factors in globalization, generating further interdependence of economic and cultural activities.
f5495d565a9ae49bdbb607e56d9090b6
T-commerce T-Commerce is a term describing trade via a (smart) digital TV-set which - besides its main functionality - acts as a marketing channel enabling bidirectional communication enabling interactive advertising and addressable advertising.
6543028d9dee136c7d8b8e67a73e3483
Mechanism design Mechanism design is a field in economics and game theory that takes an engineering approach to designing economic mechanisms or incentives, toward desired objectives, in strategic settings, where players act rationally. Because it starts at the end of the game, then goes backwards, it is also called reverse game theory. It has broad applications, from economics and politics (markets, auctions, voting procedures) to networked-systems (internet interdomain routing, sponsored search auctions).
4cd6c118bff9843e98a1395e037385a5
Inbound marketing Inbound marketing is a technique for drawing customers to products and services via content marketing, social media marketing and search engine optimization.
776a5fa5534dd33d591ff4bf3045174b
Economics for Equity and the Environment Network Economics for Equity and the Environment Network (E3) is a network of economists doing applied research on environmental issues with a social equity focus. E3 is based in Portland, Oregon.
5ec69d54afcc68fff3e32efa247712ce
Ecological network An ecological network is a representation of the biotic interactions in an ecosystem, in which species (nodes) are connected by pairwise interactions (links). These interactions can be trophic or symbiotic. Ecological networks are used to describe and compare the structures of real ecosystems, while network models are used to investigate the effects of network structure on properties such as ecosystem stability.
b0ea96d922fc577e0368212d6c41f63b
Corporate website A corporate website or corporate site is an informational website operated by a business or other private enterprise such as a charity or nonprofit foundation.
23dafd66bb2440b9d64dd1a631fb20a1
Web-based experiments A web-based experiment or Internet-based experiment is an experiment that is conducted over the Internet. In such experiments, the Internet is either "a "medium" through which to target larger and more diverse samples with reduced administrative and financial costs" or "a "field" of social science research in its own right." Psychology and Internet studies are probably the disciplines that have used these experiments most widely, although a range of other disciplines including political science and economics also use web-based experiments. Within psychology most web-based experiments are conducted in the areas of cognitive psychology and social psychology. This form of experimental setup has become increasingly popular because researchers can cheaply collect large amounts of data from a wider range of locations and people. A web-based experiment is a type of online research method.
222fd131554c0709ef900dfa7c348e56
Enterprise interoperability Enterprise interoperability is the ability of an enterprise—a company or other large organization—to functionally link activities, such as product design, supply chains, manufacturing, in an efficient and competitive way.
120407f8ab319b3fabca62a08bde40ad
Product ecosystem theory Product ecosystem theory is an emerging theory that describes how the design of manufactured products evolves over time and draws parallels with how species evolve within a natural ecosystem. Fundamental to this theory is that manufactured product lines respond to external threats and opportunities in much the same way that species respond to threats and opportunities. Competition and other environmental pressures may cause a species to become extinct. An example of the parallel in consumer products is the way in which the typewriter became displaced (or extinct) due to pressures from the personal computer.
3080b51beb9425da1edb4ca4cdf23570
Market economy A market economy is an economic system where decisions regarding investment, production, and distribution are based on the interplay of supply and demand, which determines the prices of goods and services. The major defining characteristic of a market economy is that investment decisions, or the allocation of producer good, are primarily made through capital and financial markets. This is contrasted with a planned economy, where investment and production decisions are embodied in an integrated plan of production established by a state or other organizational body that controls the factors of production.
b2ee99f6b8f93cc73aae8c5229f76864
B2B Gateway Business-to-Business (B2B) Gateways integrate data from back-end systems enabling information exchange across trading partners. B2B Gateways also provide a centralized point for transformation of multiple data sources through interoperability standards such as XML (Extensible Markup Language), cXML(Commerce XML) and EDI (Electronic data interchange). B2B Gateways provide businesses an e-commerce platform for integrating with key suppliers and customers quickly and easily. The platform often is a component of a company’s Service-Oriented Architecture (SOA) architecture. Other capabilities of the B2B Gateway include trading partner management and security control. B2B Gateways help to bridge the collaboration gap across the supply chain partners and transform the data flow between companies from a batch oriented manner into a real time process. This streamlines the processing and enables for business activity monitoring(BAM) systems to be implemented which provides the enterprise with greater visibility and pro-active control over the applications. B2B Gateways continue to be in high demand for organizations of every size.
fdba3627e8923476528496be3ed2506d
Web commerce Web commerce is a form of electronic commerce that is conducted primarily through the World Wide Web, but may also use email and other aspects of the Internet.
8f185543a6724bed44f0bf15039e7904
Trans-European Networks The Trans-European Networks (TEN) were created by the European Union by Articles 154-156 of the Treaty of Rome (1957), with the stated goals of the creation of an internal market and the reinforcement of economic and social cohesion. To various supporters of this policy, it made little sense to talk of a big EU market, with freedom of movement within it for goods, persons and services, unless the various regions and national networks making up that market were properly linked by modern and efficient infrastructure. The construction of Trans-European Networks was also seen as an important element for economic growth and the creation of employment.
fd31574c059f147c7c62b7d27a768c33
Cityblis Cityblis is an interactive, multi-platform social eCommerce website that allows consumers to shop and interact with friends, store owners and other consumers. The site is a combination of personalized web stores and an online mall. Launched in April 2012, the international platform was developed for small businesses to reach out to new markets around the world through a community based infrastructure. The current headquarters are in New York City with satellite offices in Sweden and Australia.
5fb56c0b37f1553e50f70ce40a3dd253
Splinternet The splinternet (also referred to as cyber-balkanization, cyber-balkanisation, internet balkanization, or internet balkanisation) is a characterization of the Internet as splintering and dividing due to various factors, such as technology, commerce, politics, nationalism, religion, and interests. "Powerful forces are threatening to balkanise it", writes the "Economist" weekly, and it may soon splinter along geographic and commercial boundaries. Countries such as China have erected what is termed a "Great Firewall", for political reasons, while other nations, such as the US and Australia, discuss plans to create a similar firewall to block child pornography or weapon-making instructions.
04197d1aa3b8924b5f1c9a9f6e0ce3d7
Frontier Economics Frontier Economics (Frontier) is a microeconomics consultancy providing economics advice to public and private sector clients on matters of competition policy, public policy, regulation, business strategy and behavioural economics. The Frontier Economics network consists of separate companies based in Europe (Brussels, Cologne, Dublin, London and Madrid) and Australia (Melbourne, Sydney and Brisbane) & Singapore.