Economic experiments in internet access markets

Authors

  • Shane Greenstein

DOI:

https://doi.org/10.5210/fm.v12i6.1902

Abstract

Innovation within Internet access markets can be usefully understood through the lens of economic experiments. Economic experiments yield lessons to market participants through market experience. The essay distinguishes between directed and undirected economic experiments. It discusses how spreading of lessons transforms a market. As a lesson becomes common it becomes a part of industry know–how. Further innovations build on that know how, renewing a cycle of experimentation.

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Published

2007-06-04

How to Cite

Greenstein, S. (2007). Economic experiments in internet access markets. First Monday, 12(6). https://doi.org/10.5210/fm.v12i6.1902