Bandwagon Effects in High Technology Industries

Book Description

Economists use the term "bandwagon effect" to describe the benefit a consumer enjoys as a result of others’ using the same product or service. The history of videocassettes offers a striking example of the power of bandwagon effects. Originally there were two technical standards for videocassettes in the United States: Beta and VHS. Beta was widely regarded to have better picture quality, but VHS could record longer television programs. Eventually the selection of Beta cassettes shrank to zero, leaving consumers no choice but to get on the VHS bandwagon. The most successful bandwagon, apart from telephone service, is the Internet.

In this book Jeffrey Rohlfs shows how the dynamics of bandwagons differ from those of conventional products and services. They are difficult to get started and often fail before getting under way. A classic example of a marketing failure is the Picturephone, introduced by the Bell System in the early 1970s. Rohlfs describes the fierce battles waged by competitors when new services are introduced, as well as cases of early agreement on a single technical standard, as with CDs and CD players. He also discusses the debate among economists and policy analysts over the advantages and disadvantages of having governments set technical standards. The case studies include fax machines, telephones, CD players, VCRs, personal computers, television, and the Internet.

Bandwagon Effects in High Technology Industries

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Bandwagon Effects in High Technology Industries
Jeffrey H. Rohlfs
Manufacturer: The MIT Press
ProductGroup: Book
Binding: Paperback
ASIN: B000OQ8AHK

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Bandwagon Effects in High-Technology Industries
Jeffrey H. Rohlfs
Manufacturer: The MIT Press
ProductGroup: Book
Binding: Paperback
ASIN: B000ORGC0G

Book Description

The underlying theme of the book examines the relationship of administrative agencies to democracy, in particular, how the law attempts to keep daily practices of government agencies accountable. The book includes discussions of bureaucracy and democracy; agency discretion and the requirement of fairness; delegation; agency rulemaking, investigations and information collection; agency adjudications; and accountability through reviewability, accessibility, and liability. For professionals practicing law, and those in the political science community.

Administrative Law: Bureaucracy in a Democracy (2nd Edition)

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Administrative Law: Bureaucracy in a Democracy (2nd Edition)
Daniel E. Hall
Manufacturer: Prentice Hall
ProductGroup: Book
Binding: Paperback
ASIN: B000OIGWHS

Book Description

After the crisis in emerging market economies in the mid-late 1990s, the adoption of internationally recognized standards, or codes of good practice, was seen as a way to help strengthen the international financial system. This volume examines whether the standards and codes exercise can make a meaningful contribution to global financial stability and examines the developing country perspective. It takes the first steps in answering some of the open questions in the field.

Book Description

The Dictionary of e-business:

Now includes extended coverage of wireless and mobile terms
Is authored by an expert in the field
Presents more than 350 new entries on Java, XML, Customer Relationship Management, mCommerce and more technical language of eBusiness (e.g. security)
Demontrates clear applications to both technical and business markets
Covers all the latest developments in this fast moving field

Download Description

"In a fast-moving technical and business environment like the Internet only exactitude can guarantee success. An 'almost correct' specification is a wrong specification. Make total accuracy your signature with this invaluable guide. It offers detailed definitions of the bewildering array of terms and phrases relating to e-Business and the Internet, plus short articles to explain more complex topics. Covering both business-related and technology terms, you'll never fall victim to fuzzy thinking again. Fully updated to cover new and emerging areas such as wireless and mobile technologies, this new edition will be your constant companion. No need to risk disastrous misinterpretation when you can have total accuracy at your fingertips. Over 1500 references and many illustrations; Explains new and emerging technologies; Bridges the gap between definition and explanation; Includes trademarks and symbols; In-depth entries illuminate specific topics. New edition features: Extended coverage of wireless and mobile terms. Numerous new entries on topics related to Java, XML, security, mCommerce and .NET. A one-stop reference for business managers, marketing specialists, consultants, business development analysts, IT project managers and anyone interested in the commercial potential"

Customer Reviews:

Many unusual errors for a dictionary.......2003-03-31

My first impression of this book was not good. When I opened it the first time, it was to page 233, which is the start of the N section. The first entry is the definition of a nanosecond, which reads

A billionth of a metre.

Obviously, it should have been a billionth of a second, but is such an obvious error that it immediately calls into question the overall quality of the dictionary. The second entry of the N section is about Napster, which reads

A on-line audio file resource.

While this is slightly better, it says very little about what Napster really was and mentions nothing about the file-sharing aspects and legal ramifications about data posted on the Internet.
As I read other entries, my attitude improved a bit, although I still was not overly impressed with many of the definitions. For example, consider the following definition

Visual Java++ - A Microsoft development environment for writing, compiling and debugging Java applications and applets. Visual J++ may be used to integrate JDK packages into Java programs, and to create multithreaded Internet and intranet applications. InterDev is included in Microsoft Visual Studio 97.

In this definition, the name is changed to Visual J++. If you are not familiar with the package, this would be enormously confusing. Also, the reference to InterDev in the last sentence makes no sense in this context.

The definition of Bluetooth is as follows:

A wireless connection technology for home appliances.

Which is false, as the majority of Bluetooth applications are for business and industry.

Finally, the definition of the Apache web server mentions only that it is used with Unix. Given that 63% of all servers on the web run Apache and not all are on Unix, this will come as a shock to many people.
There are many other examples of definitions that are inaccurate or inappropriate. From my perspective, this is inexcusable and the author and editors should be much more careful when they check their work. Since the book is copyrighted 2003, they cannot appeal to the advance of technology to explain their errors.

Bridges technical and technical terminology.......2001-05-27

This is a handy reference for consultants, IT professionals and business analysts who are becoming overwhelmed by a barrage of new terms.

Reading through the terms and definitions in this book makes it apparent that E-business has little new terminology. Instead, the barrage of new terms has its roots in the blending of business and IT disciplines that characterize E-business. Because E-business encompasses both the business and technical domains, it's essential that business professionals learn IT terminology and IT professionals learn a business terminology. Consultants have to be well versed in the vocabularies of both domains, and are further burdened by the fact that we need to understand the unique vernacular of many different vertical industries. This book solves that by providing succinct definitions of terms covering a wide landscape of business and technical. Since E-business is inescapable, this book is a wonderful desk reference to which you'll probably refer frequently. It's complete and clear, and covers most of the IT terms and many of the business terms you're likely to encounter - at least until new ones are minted.

Book Description

Companies that have Internet "departments" are dinosaurs, and the position of "Webmaster" is nearly extinct! In today's successful business model, the Internet isn't just an area of business--it is a fundamental structure for how to do business. In highly-competitive companies, the "e-factor" pervades every aspect of operations.

THE E-FACTOR shows managers and executives how to succeed in this radically altered business landscape. It examines the revolutionary impact of Web technology on traditional business operations and how to exploit the technology to transform companies into "customer-centric" entities.

The book supplies lucid answers to the strategic questions that businesspeople must ask, including: * How can we evolve to integrate the Internet and e-commerce universally? * Are we weaving the concept of "infostructure" into our business, thus managing information and knowledge on a real-time basis? * What business needs does our Web site address? * Does our site demonstrate real value to our target audience?

Customer Reviews:

I'm the author of the book and..........2001-02-04

I just wanted to correct some bio information - the name of my company is Martin T. Focazio, LLC and we're based in Upper Black Eddy, PA.

Thanks.

Book Description

Why do some cartels fail and others succeed? This question has intrigued economists for a hundred years, and they have created an extensive body of theory to help explain cartel behavior. This book looks at the experience of actual cartels and challenges their portrayal as found in the existing literature.

The eleven chapters by leading researchers of industrial organization study real examples of industrial collusion. The authors investigate the formation, behavior, activity and purpose of cartels, and illustrate the intricacies of collusive relationships. In the process they question the existing economic theory surrounding the operation of cartels, which in practice do not always adhere to the textbook models or to complex game theoretic rules. Although much economic research suggests that cartels are doomed to failure, the authors find that there are many examples of industries where cartels have succeeded in controlling prices and output over a prolonged period of time.

This book is a groundbreaking attempt to study empirically a range of cartels throughout the world, providing both historical and contemporary examples of collusion to enrich the arguments. Academics, policymakers, lawyers and economists working in the fields of industrial organization and competition policy will find this to be a highly original and thought-provoking volume.

Customer Reviews:

Examining real-world cases of industrial collusion.......2005-01-11

Expertly compiled and deftly edited by Peter Z. Grossman (Clarence Efroymson Chair inEconomics, Butler University), How Cartels Endure And How They Fail: Studies Of Industrial Collusion is an anthology of graduate studies level essays by leading researchers of industrial organization study, examining real-world cases of industrial collusion across the world. Striving to answer why some cartels fail and others succeed, and examining examples that do not always follow textbook models, How Cartels Endure and How They Fail applies extensive scholarship and research to illustrate its advanced theories and insights, from the role of governmental policy in cartel survival in Japan to the stability of ocean shipping cartels to international commodity agreements as internationally sanctioned cartels, and much more. A superb resource especially for policymakers, lawyers and economists involved in matters of industrial organization and competition.

Book Description

This investment guide contains basic information on economy, business, export-import and investment climate, opportunities and regulations. Provides strategic information on economy, industrial development, banking, and government. Includes information on the most important business contacts and business travel. Updated annually.

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Kenya Investment and Business Guide
USA International Business Publications
Manufacturer: Intl Business Pubns USA
ProductGroup: Book
Binding: Paperback

Exports & Imports | Economics | Business & Investing | Subjects | Books

General | Business & Investing | Subjects | Books

General | International | Business & Investing | Subjects | Books

General | Investing | Business & Investing | Subjects | Books
ASIN: 0739740954

Kenya Telecom Industry Investment Guide (World Business, Investment and Government Library)

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Kenya Telecom Industry Investment Guide (World Business, Investment and Government Library)
USA IBP
Manufacturer: International Business Publications, USA
ProductGroup: Book
Binding: Paperback

Exports & Imports | Economics | Business & Investing | Subjects | Books

General | Business & Investing | Subjects | Books

General | International | Business & Investing | Subjects | Books

General | Small Business & Entrepreneurship | Business & Investing | Subjects | Books
ASIN: 0739733575

Book Description

Kenya Telecom Industry: investment opportunities, regulations, contacts

Kenya: A Spy Guide (World Business and Investment Opportunities Library)

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Kenya: A Spy Guide (World Business and Investment Opportunities Library)

Manufacturer: Intl Business Pubns USA
ProductGroup: Book
Binding: Paperback

General | Business & Investing | Subjects | Books

General | Politics | Nonfiction | Subjects | Books

General | Travel | Subjects | Books
ASIN: 0739785249

Book Description

Everything a successful "spy" must know on the country. Strategic and practical information on government, national security, army, foreign relations, economy, technology, mineral resources, as well as culture, history, traditions, government and business contacts and more...

Kenya Internet And E-commerce Industry Investment And Business Guide (World Business, Investment and Government Library)

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Kenya Internet And E-commerce Industry Investment And Business Guide (World Business, Investment and Government Library)
USA International Business Publications
Manufacturer: Intl Business Pubns USA
ProductGroup: Book
Binding: Paperback

Exports & Imports | Economics | Business & Investing | Subjects | Books

General | Business & Investing | Subjects | Books

Web Marketing | Business & Culture | Computers & Internet | Subjects | Books

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Kenya Investment & Business Guide
Emerging Markets Investment Center
Manufacturer: International Business Publications, USA
ProductGroup: Book
Binding: Paperback
ASIN: 0739702823

Book Description

This investment guide contains basic information on economy, business, export-import and investment climate, opportunities, regulations. Provides strategic information on economy, industrial development, banking, and government. Includes information on the most important business contacts and business travel. Updated annually.

Kenya Mineral & Mining Sector Investment And Business Guide (World Business, Investment and Government Library)

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Kenya Mineral & Mining Sector Investment And Business Guide (World Business, Investment and Government Library)
USA International Business Publications
Manufacturer: Intl Business Pubns USA
ProductGroup: Book
Binding: Paperback

Exports & Imports | Economics | Business & Investing | Subjects | Books

General | Business & Investing | Subjects | Books

General | International | Business & Investing | Subjects | Books

General | Industries & Professions | Business & Investing | Subjects | Books
ASIN: 0739750917

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