Two major drivers have transformed the network economy: mobile connectivity and big data. Digital communication technology has connected markets, allowing instant and continuous access to information for all participants.
What is the economic or business model underlying the digital communication industry? Does this increased connectivity lead to more cooperation or more competition in the network economy? Using ideas drawn from psychology, sociology, politics and economics, Professor Swati Bhatt of Princeton University argues that connectivity and big data stimulate cooperation rather than competition in the network economy.
Professor Bhatt received her Ph.D. from Princeton in 1986, worked for the Federal Reserve Bank of New York from 1985 to 1990, and taught at the Stern School of Business at New York University from 1990 to 1992 before returning to Princeton’s Economics Department. Her research interests are applied microeconomics, industrial organization and finance. She developed and currently teaches a course called “Economics of the Internet.”
Join Hudson Institute for a conference with leaders from industry, government, academia, and defense to discuss the latest developments in the US-China AI competition.
Join House Armed Services Committee Chairman Mike Rogers (AL-03) for a fireside discussion with Senior Fellow Nadia Schadlow on Congress’s role in revitalizing America’s defense industrial base.
Please join Hudson Institute for a special address on the current state-of-play by Ukrainian President Volodymyr Zelenskyy, who will join remotely, followed by a question-and-answer session on the war with Hudson Institute President and CEO John Walters.
Bill Frauenhofer, executive director for semiconductor investment and innovation at the US Department of Commerce, will join Hudson Institute Senior Fellow David Feith for an invitation-only fireside chat on semiconductor onshoring and the role of government capital in strengthening America’s technological and industrial leadership.
