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Introduction to Network Economics

In: Network Economics

Author

Listed:
  • Günter Knieps

    (University of Freiburg)

Abstract

This chapter provides an introduction to the characteristics of network economics. The basic principle of the different complementary network levels is introduced. Based on a disaggregated examination of the value chains in network sectors, end customer markets for network services can be differentiated from upstream markets for infrastructure capacities. Due to the market opening of networks, issues of organisation and network interconnection become increasingly more important. The role of markets for network services as well as network infrastructure capacities is explained, taking into account network externalities as well as economies of scale and economies of scope.

Suggested Citation

  • Günter Knieps, 2015. "Introduction to Network Economics," Springer Texts in Business and Economics, in: Network Economics, edition 127, chapter 1, pages 1-10, Springer.
    • Handle: RePEc:spr:sptchp:978-3-319-11695-2_1
    DOI: 10.1007/978-3-319-11695-2_1
    as

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