NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Economics of Internet Markets

Jonathan D. Levin

NBER Working Paper No. 16852
Issued in March 2011
NBER Program(s):Industrial Organization

The internet has facilitated the creation of new markets characterized by large scale, increased customization, rapid innovation and the collection and use of detailed consumer and market data. I describe these changes and some of the economic theory that has been useful for thinking about online advertising markets, retail and business-to-business e-commerce, internet job matching and financial exchanges, and other internet platforms. I also discuss the empirical evidence on competition and consumer behavior in internet markets and some directions for future research.

download in pdf format
   (223 K)

email paper

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w16852

Published: The Economics of Internet Markets,îin D. Acemoglu, M. Arellano and E. Dekel, ed. Advances in Economics and Econometrics , Cambridge University Press, 2013.

Users who downloaded this paper also downloaded* these:
Brown and Goolsbee w7996 Does the Internet Make Markets More Competitive?
Leamer and storper w8450 The Economic Geography of the Internet Age
Garicano and Kaplan w8017 The Effects of Business-to-Business E-Commerce on Transaction Costs
Ockenfels, Reiley, and Sadrieh w12785 Online Auctions
Goolsbee w6863 In a World Without Borders: The Impact of Taxes on Internet Commerce
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us