Innovations and developments in technology have laid the foundations for
an economy based on digital goods and services-the digital economy. This
book invites students and practitioners, to take an in-depth look at the
impact that technological innovations such as social media,
cryptocurrencies, crowdsourcing, and even online gaming is having on
today's business landscape. Learn about the various business models
available for the digital economy, including the business models used by
Bitcoin, Spotify, Wikipedia, World of Warcraft, Facebook, and Airbnb.
This book details the evolution of contemporary economics within the
digital stratosphere and highlights the complex ecosystem that makes up
the field of digital economics. The foundational text with case studies
is also peppered with anecdotes on the various technological innovations
which have shaped markets throughout history. The authors provide
several models and tools that are essential for analysis, as well as
activities that will allow the reader to reflect, analyze, and apply the
knowledge and tools presented in each chapter. Introduction to Digital
Economics is a definitive guide to the complexities and nuances of this
burgeoning and fascinating field of study.