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The Economics, Concept, and Design of Information Intermediaries - A Theoretic Approach (Paperback, Softcover reprint of the original 1st ed. 1999)
Loot Price: R2,786
Discovery Miles 27 860
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The Economics, Concept, and Design of Information Intermediaries - A Theoretic Approach (Paperback, Softcover reprint of the original 1st ed. 1999)
Series: Information Age Economy
Expected to ship within 10 - 15 working days
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The Internet provides an infrastructure that makes the steadily
increasing amount of information accessible efficiently, quickly,
and inexpensively. Closely connec ted with this opportunity is the
danger that the available information will over charge the
individual information seeker's capability to process the
information and to judge its quality. In this situation,
information intermediaries can take upon the role of an expert and
a guarantor of quality similar to intermediaries in markets for
physical goods or finances. Thus, information intermediaries can be
a trust worthy, information processing third party, mediating
between information seekers and information sources. The current
technological development has created information technologies that
are capable to efficiently process large amounts of information.
However, the pro vision of intermediation services necessitates a
thorough examination of the basic principles underlying the
economics of information intermediaries as well as a sound
foundation on information technologies. The present work by Frank
Rose addresses the fundamental question concerning the economics of
information intermediaries by means of an abstract model. The model
focuses on services that concentrate on the search and mediation of
information, and identifies the essential influencing factors of
the intermediary's environment. The model is then employed to
investigate the impact of environmental conditions on the
information intermediary on the one hand, and the optimal strategy
of the information intermediary as a reaction to environmental
conditions on the other hand."
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