Cooking pot markets: An economic model for the trade in free goods and services on the Internet

First Monday ◽  
1998 ◽  
Vol 3 (2) ◽  
Author(s):  
Rishab Aiyer Ghosh
Keyword(s):  
Economic Model ◽  
The Internet ◽  
Goods And Services

Cooking pot markets: an economic model for the trade in free goods and services on the Internet (originally published in March 1998)

First Monday ◽  
2005 ◽  
Author(s):  
Rishab Aiyer Ghosh
Keyword(s):  
Economic Model ◽  
Source Code ◽  
Free Software ◽  
The Internet ◽  
Market Dynamics ◽  
Goods And Services ◽  
Corporate World ◽  
Economic Decisions

It has long been assumed that there is something beyond economics involved in the proliferation of free goods and services on the Internet. Although Netscape's recent move to give away the source code for its browser shows that the corporate world now believes that it is possible to make money with free software - previously eyed with cautious pessimism - money is not the prime motivator of most producers of the Internet's free goods, and neither is altruism. Efforts and rewards may be valued in intangibles, but, as this paper argues, there is a very tangible market dynamics to the free economy of the Internet, and rational economic decisions are at work. This is the "cooking-pot" market: an implicit barter economy with assymetric transactions.

Cooking pot markets: an economic model for the trade in free goods and services on the Internet (originally published in Volume 3, Number 3, March 1998)

First Monday ◽  
2005 ◽  
Author(s):  
Rishab Aiyer Ghosh
Keyword(s):  
Economic Model ◽  
Source Code ◽  
Free Software ◽  
The Internet ◽  
Market Dynamics ◽  
Goods And Services ◽  
Corporate World ◽  
Economic Decisions

It has long been assumed that there is something beyond economics involved in the proliferation of free goods and services on the Internet. Although Netscape's recent move to give away the source code for its browser shows that the corporate world now believes that it is possible to make money with free software - previously eyed with cautious pessimism - money is not the prime motivator of most producers of the Internet's free goods, and neither is altruism. Efforts and rewards may be valued in intangibles, but, as this paper argues, there is a very tangible market dynamics to the free economy of the Internet, and rational economic decisions are at work. This is the "cooking-pot" market: an implicit barter economy with assymetric transactions.

scholarly journals Technology Adoption and Consumer Payments: Evidence from Survey Data

2003 ◽  
Vol 2 (2) ◽  
Author(s):  
Fumiko Hayashi ◽  
Elizabeth Klee
Keyword(s):  
Technology Adoption ◽  
Survey Data ◽  
New Technologies ◽  
New Technology ◽  
The Internet ◽  
Electronic Payment ◽  
Point Of Sale ◽  
Goods And Services ◽  
Transaction Value ◽  
Debit Cards

Consumers pay for hundreds of goods and services each year, but across households and across goods, consumers do not choose to pay the same way. This paper posits that payment choices depend in part on consumers' propensity to adopt new technologies and in part on the nature of the transaction. To test this hypothesis, this paper analyzes consumer's payment instrument use at the point of sale and for bill payment. The sample includes consumers surveyed in 2001, who are primarily users of the Internet. The results indicate that consumers who use new technology or computers are more likely to use electronic forms of payment, such as debit cards and electronic bill payments. Particularly, the use of direct deposit is a significant predictor of electronic payment use. Furthermore, the results indicate that payment choice depends on the characteristics of the transaction, such as the transaction value, the physical characteristics of the point of sale, and a bill's frequency and value variability.

Concept and Applications of M-Commerce in India

2021 ◽  
Vol 1 (3) ◽  
pp. 58-60
Author(s):  
Katanakal Sarada ◽  
◽  
Dr. K. Nirmalamma ◽  
◽  
Keyword(s):  
Online Shopping ◽  
Main Idea ◽  
Mobile App ◽  
Smart Phones ◽  
The Internet ◽  
Portable Devices ◽  
Market Place ◽  
Desktop Computer ◽  
Goods And Services ◽  
The People

Mobile commerce is the buying and selling of goods and Services through wireless handled devices such as smart phones and tablets etc. Ecommerce Users to access M-commerce enables online shopping platforms without needing to use & a desktop computer. For example, purchase and sale of products. Online like banking and paying bills. (Virtual market place apps the Amazon mobile App, Android pay, Samsung pay etc...) The main idea behind M. commerce Is to enable various applications and services available on the internet to portable devices (mobiles, laptops, tables etc.) to overcome the constraints of a desktop computer. M commerce aims Serve all information and material needs of the people in a convenient and easy way.

Prospects Of Development And Problems Of Introducing Digitalization In The Economy Of Uzbekistan

2021 ◽  
Vol 03 (04) ◽  
pp. 55-62
Author(s):  
Martabo Makhmudovna Dadajonova ◽  
Keyword(s):  
Economic Model ◽  
Small Businesses ◽  
Digital Technologies ◽  
Digital Economy ◽  
High Importance ◽  
Goods And Services

Realizing the high importance of digital technologies, Uzbekistan, along with many countries, creates conditions for the transition to a digital economy. The task of the new economic model is to improve the lives of citizens by improving the quality of goods and services produced using modern digital technologies and to bring small businesses to the level of innovative entrepreneurship.

scholarly journals Comment, Rating, Opinion, Review – the Preliminary Research

2021 ◽  
Vol 40 (45) ◽  
pp. 158-169
Author(s):  
Monika Jaworska
Keyword(s):  
Customer Satisfaction ◽  
Social Impact ◽  
Literary Tradition ◽  
The Internet ◽  
Consumer Reviews ◽  
Goods And Services ◽  
Internet Users ◽  
Speech Genres ◽  
Preliminary Research ◽  
Services Use

The article focuses on functional speech genres used on the Internet to assess the level of customer satisfaction after purchasing goods and services on portals with various offers. It attempts to define what genre is used in the texts called commentaries, evaluations, opinions and consumer reviews. Both Internet users and providers of goods and services use these terms interchangeably. The situation may result from the fact that in the ordinary mind, they constitute one genre. The text introduces the research on the statements of internet users expressing their opinion on the transaction, the purchased products, and the service provided. Nowadays, the Internet has such a large social impact that it is important to examine the changes in speech genres existing in the Internet space in relation to their prototypes derived from the literary tradition.

scholarly journals The Influence of the Development of Digital Economy on the Upgrading of China’s Industrial Structure

2021 ◽  
Vol 235 ◽  
pp. 03062
Author(s):  
Yaling Li
Keyword(s):  
National Economy ◽  
Economic Model ◽  
Industrial Structure ◽  
Rapid Development ◽  
Digital Economy ◽  
The Internet ◽  
Profound Impact ◽  
Internet Development ◽  
The Impact

Nowadays, with the rapid development of the Internet, all walks of life are closely connected with the development of the Internet. Differences in the degree of integration between different industries and the Internet make the leading industries of the national economy constantly change, thus promoting the transformation and upgrading of the industrial structure. The impact of Internet development on the upgrading of industrial structure is not only that the interconnected technologies and platforms change the traditional economic model, but also that the integration of Internet and industry has a profound impact on the industrial structure.

Perspectives of the Adoption of Cloud Computing in the Tourism Sector

2018 ◽  
pp. 377-400 ◽  
Author(s):  
Pedro R. Palos-Sanchez ◽  
Marisol B. Correia
Keyword(s):  
Cloud Computing ◽  
Conceptual Framework ◽  
Economic Model ◽  
New Technology ◽  
Current Situation ◽  
The Internet ◽  
Tourist Industry ◽  
Review Of The Literature ◽  
Tourism Sector

This chapter aims to expose the current situation of the adoption of cloud computing in companies in general and in enterprises of the tourism sector in particular. For this, a review of the literature has been carried out to establish the conceptual framework of technology and of the new economic model that underlies its adoption. Cloud computing is one of the technologies less known to many organizations and especially users, as it is a new technology based on the Internet, through which information is stored on servers, is provided as a service and on clients' demand. Therefore, the main theories of adoption that have been used to explain the different adoption models are presented, as well as, the different solutions that are being used in the tourist industry.

Does the Internet Increase Fundraising Revenues of Nonprofit Organizations?

2011 ◽  
pp. 293-308
Author(s):  
Yasin Ozcelik
Keyword(s):  
Nonprofit Organizations ◽  
Economic Model ◽  
Traditional Method ◽  
Service Providers ◽  
The Internet ◽  
Online Service ◽  
Electronic Environment ◽  
Online Service Providers

Nonprofit organizations have been using the Internet for disseminating information about themselves, interacting with potential donors, and fundraising. In this chapter, we focus on online service providers for nonprofits (OSPNs) that bring donors and nonprofits together in an electronic environment to help them find a suitable match. We investigate the effects of OSPNs on the outcomes of fundraising markets by developing an economic model. We compare the total net revenues of nonprofits competing for donations in two different settings: while nonprofits in the first market use both the traditional fundraising techniques and the services provided by OSPNs, those in the second market implement the traditional method only. We derive analytical conditions under which the first setting provides better outcomes than the second one can generate.

Emerging Technologies and Universities

2021 ◽  
pp. 97-114
Author(s):  
Fausto E. Jacome
Keyword(s):  
Machine Learning ◽  
Internet Of Things ◽  
New Technologies ◽  
Emerging Technologies ◽  
The Internet ◽  
New Paradigm ◽  
New Era ◽  
Technological Revolution ◽  
Goods And Services ◽  
The Internet Of Things

Emerging technologies such as machine learning, the cloud, the internet of things (IoT), social web, mobility, robotics, and blockchain, among others, are powering a technological revolution in such a way that are transforming all human activities. These new technologies have generated creative ways of offering goods and services. Today's consumers demand in addition to quality, innovation, a real-time and ubiquitous service. In this context, what is the challenge that academy faces? What is the effect of these new technologies on the universities mission? What are people's expectations about academy in this new era? This chapter tries to get answers to these questions and explain how these emerging technologies are converting universities to lead society transformation to the digital age. Under this new paradigm, there are only two roads: innovate or perish. As might be expected universities are embracing these technologies for innovating themselves.

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