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Limitless Supply:New Economy in the Digital Era

Author

Listed:
  • Chunsheng Zhou

    (Cheung Kong Graduate School of Business, China)

  • Xiuhai Hu

    (Peking University, China)

Abstract

Scarcity hypothesis is the cornerstone of traditional economic theory. However, in the digital era, new products such as Windows, Android, and Wechat have been introduced to the market. Traditional economic theory may not be able to explain various nez economic phenomena in the digital era. This book creatively proposes the concept of limitless supply and then discusses its implications for economy at both macro and micro-levels.

Suggested Citation

  • Chunsheng Zhou & Xiuhai Hu, 2022. "Limitless Supply:New Economy in the Digital Era," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 12547, December.
    • Handle: RePEc:wsi:wsbook:12547
    as

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    File URL: https://www.worldscientific.com/worldscibooks/10.1142/12547
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    More about this item

    Keywords

    Digitalisation; Digital Economy; Internet; E-commerce; Social Media; New Economies;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • D2 - Microeconomics - - Production and Organizations

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