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Economic Principles in the Software Industry

In: The Software Industry

Author

Listed:
  • Peter Buxmann

    (TU Darmstadt)

  • Heiner Diefenbach

    (TDS AG)

  • Thomas Hess

    (LMU München)

Abstract

Having described the basic rules of the game in Chap. 1 , we now turn to the economic principles in the software industry. We begin by discussing the properties of digital goods (Sect. 2.1), and go on to examine network effects on software markets (Sect. 2.2.) and the closely related issue of standardization (Sect. 2.3). We will also be looking at aspects of transaction cost (Sect. 2.4) and principal-agent theory (Sect. 2.5) that are of particular relevance to the software industry

Suggested Citation

  • Peter Buxmann & Heiner Diefenbach & Thomas Hess, 2012. "Economic Principles in the Software Industry," Springer Books, in: The Software Industry, edition 127, chapter 0, pages 19-53, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-31510-7_2
    DOI: 10.1007/978-3-642-31510-7_2
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    Cited by:

    1. Daniel Veit & Eric Clemons & Alexander Benlian & Peter Buxmann & Thomas Hess & Dennis Kundisch & Jan Leimeister & Peter Loos & Martin Spann, 2014. "Business Models," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 6(1), pages 45-53, February.

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