References: The Digital Economy Capstone¶
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Network Effect - Wikipedia - Explains how products and platforms become more valuable as more people use them, the fundamental dynamic driving digital economy winners like social media and messaging apps.
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Platform Economy - Wikipedia - Covers how digital platforms like Amazon, Uber, and Airbnb create two-sided markets connecting buyers and sellers, and the economics of platform business models.
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Attention Economy - Wikipedia - Describes how human attention has become a scarce resource that tech companies compete for, and the economic implications of advertising-driven business models.
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Platform Revolution - Geoffrey Parker, Marshall Van Alstyne, Sangeet Paul Choudary - W.W. Norton - Comprehensive analysis of how platform businesses work, why they disrupt traditional industries, and the economic principles behind digital marketplaces.
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The Age of Surveillance Capitalism - Shoshana Zuboff - PublicAffairs - Influential book examining how tech companies extract and monetize personal data, raising critical questions about digital markets, privacy, and economic power.
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Monopoly - Concise Encyclopedia of Economics - Explains market dominance dynamics relevant to digital platforms, including how network effects create natural monopolies in technology markets.
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Information Technology and the U.S. Economy - Federal Reserve Economic Data (FRED) - Data on the information technology sector's contribution to U.S. economic output, showing the growing importance of the digital economy.
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E-Commerce Retail Sales - Federal Reserve Economic Data (FRED) - Quarterly data on online retail sales in the United States, illustrating the rapid growth of digital commerce and its impact on traditional retail.
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Digital Development - World Bank - Research and data on how digital technologies are transforming economies worldwide, including digital infrastructure, skills, and policy frameworks.
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Digital Economy Indicators - World Bank - Global data on internet adoption, digital infrastructure, and technology access across countries, showing how the digital economy varies worldwide.