This book is unique in providing the first full English translation of Menger's seminal article Geld - one of the most influential papers on the origin of money. The editors aim to facilitate a broader and more detailed discussion of Menger's method, theory and findings with this translation and in depth analysis. Menger's institutional approach is applied and extended to the analysis of the evolution of payments systems, focusing in particular on electronic money, on its institutional character, and on monetary policy as well as predictions of likely future developments. Carl Menger and the Evolution of Payments Systems will be of great interest to financial economists and Austrian economists as well as historians of economic thought.

'Internet development dynamics are tackled in this Handbook by leading scholars representing mainstream, institutional, evolutionary economics and political economy perspectives. They show how complex markets for digital technologies and services are evolving. Crucially, they demonstrate why conventional analytical tool kits need to be extended by bridging disciplinary boundaries. This volume offers significant advances in the analysis of technological and institutional change and demonstrates how important it is to acknowledge conflict resolution and tradeoffs as essential aspects of the internet's history and its future.' -Robin Mansell, London School of Economics and Political Science, UK The Internet is connecting an increasing number of individuals, organizations, and devices into global networks of information flows. It is accelerating the dynamics of innovation in the digital economy, affecting the nature and intensity of competition, and enabling private companies, government, and the non-profit sector to develop new business models. In this new ecosystem many of the theoretical assumptions and historical observations upon which economics rests are altered and need critical reassessment. This Handbook brings together twenty-six original chapters that discuss theoretical and applied frameworks for the study of the economics of the Internet, encompassing: its unique economics as a global information and communications infrastructure the effects of the Internet on economic transactions, including social production, advertising, innovation, and intellectual property rights the economics and management of Internet-based industries, such as search, news, entertainment, culture, and virtual worlds the effects of the Internet on the economy at large Interdisciplinary in its approach, the Handbook synthesizes the state of knowledge and offers new perspectives for researchers, practitioners, and students. Contributors: S. Aggarwal, C. Antonelli, H. Asghari, J.M. Bauer, S. Bauer, Y. Benkler, S.M. Besen, I. Brown, E. Castronova, D.D. Clark, C. Corrado, C. Feijoo, D.L. Garcia, J.-L. Gomez-Barroso, C. Handke, J. Haucap, K. Hollnbuchner, N. Just, G. Knieps, I. Knowles, J.J. Kranz, L. Kung, M. Latzer, W.H. Lehr, Y.-L. Liu, W. Ma, P. Mazepa, V. Mosco, N. Newman, E.M. Noam, P.P. Patrucco, R.G. Picard, A. Picot, G. Sadowsky, F. Saurwein, V. Schneider, S.J. Schultze, R. Sherman, P. Stepan, T. Stuhmeier, R. Towse, B. Van Ark, M. Van Eeten, B. Van Schewick, H.R. Varian, D. Waterman, R.S. Whitt, S.S. Wildman, S. Wunsch-Vincent

The Internet is connecting an increasing number of individuals, organizations, and devices into global networks of information flows. It is accelerating the dynamics of innovation in the digital economy, affecting the nature and intensity of competition, and enabling private companies, governments, and the non-profit sector to develop new business models. In this new ecosystem many of the theoretical assumptions and historical observations upon which economics rests are altered and need critical reassessment. This Handbook brings together twenty-seven original chapters that discuss theoretical and applied frameworks for the study of the economics of the Internet, encompassing: * its unique economics as a global information and communications infrastructure * the effects of the Internet on economic transactions, including social production, advertising, innovation, and intellectual property rights * the economics and management of Internet-based industries, such as search, news, entertainment, culture, and virtual worlds * the effects of the Internet on the economy at large Interdisciplinary in its approach, the Handbook synthesizes the state of knowledge and offers new perspectives for researchers, practitioners, and students.

Dieses Buch analysiert theoretische Probleme der Selbst- und Ko-Regulierung im Kommunikationsbereich. Eine erstmals umfassende empirische Untersuchung der alternativen Regulierungsinstitutionen des osterreichischen Mediamatiksektors lasst auch Ruckschlusse auf Wirkungsbereiche, Steuerungsziele und die neue Aufgabenverteilung zwischen privaten und staatlichen Akteuren fur andere Lander zu.

Die telekommunikations- und medienpolitischen Debatten der 90er Jahre sind von Neologismen gepragt, von Variationen und Kombinationen der Schlagworte Informationhighway, Multimedia und Informationsgesellschaft. Hinter diesen diffusen und widerspruchlich gebrauchten Begriffen verbirgt sich ein fundamentaler Transformationsprozess, der in diesem Buch mit dem Trend zur Konvergenz von Telekommunikation, Computer und Rundfunk erklart wird. Das Ergebnis dieses Konvergenzprozesses - vom Autor als MEDIAMATIK bezeichnet - verlangt nach neuen Analyse- und Politikansatzen, da sich Rezeptionsweisen und Produktionsformen verandern und traditionelle Dichotomien auflosen. Das Buch bietet eine Beschreibung des Konvergenzprozesses, die Analyse staatlicher Strategien zur "Informationsgesellschaft," eine Skizze der Technik- und Dienste-Entwicklung, stellt Ansatzpunkte fur die Mediamatik-Analyse vor und entwickelt Grundzuge eines integrativen Politikmodells fur die Mediamatik.
"(...) Es ist eine gelungene umfassende Bestandsaufnahme der einschlagigen Literatur und enthalt eine Reihe origineller Gedanken. (...)"
Jahrbuch Telekommunikation und Gesellschaft, 5/97"