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 Senior Fellow Dr. Rebeccah Heinrichs and Senator Rick Scott (R-FL) for a fireside discussion on how Congress can guide American strategy, the need to modernize the defense industrial base, and the vital role of allies and partners in an unstable international environment.
Join Hudson Institute Senior Fellow Robert McDowell for a discussion of the book and communications law with the authors, Harold Furchtgott-Roth, Kirk Arner, and Arielle Roth.
Please join Congressman Jimmy Panetta (D-CA) and Senior Fellow Ken Moriyasu for a discussion on Central Asia’s economic and strategic significance and why updating US trade policy is key to unlocking the region’s potential in an era of renewed great power competition.
