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Paper Details

NETWORK AND PUBLIC GOODS IN NETWORK ECONOMICS, WEB MARKET PERSPECTIVE

NETWORK AND PUBLIC GOODS IN NETWORK ECONOMICS, WEB MARKET PERSPECTIVE

Galina CARAGANCIU, Iulian CARAGANCIU

Journal Title:Journal of Research on Trade, Management and Economic Development (JRTMED)
Abstract


In this paper the authors aim to present the terms and basic notions of network economics. The aim of this presentation is to create an understanding of what is a network good. After presenting the terms of network goods we then will proceed to present the public goods, which have similar characteristics with network goods with some differences. Further, the web market will be presented supporting the idea why network goods and public goods characteristics should be presented within this example.

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