Bookcover of Network Effects and Money
Booktitle:

Network Effects and Money

VDM Verlag Dr. Müller (2008-11-04 )

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ISBN-13:

978-3-639-08158-9

ISBN-10:
3639081587
EAN:
9783639081589
Book language:
English
Blurb/Shorttext:
The common basis for this work is that it deals with money as a network good, i.e. that the value of a specific currency or payment technique is dependent on the number of users. This book analyzes monetary choice in the light of this network aspect from different perspectives. The so-called network effects, which may result from a network good, can work as reinforcement or as an obstacle to spontaneously or politically controlled changes in the monetary regime. As a result, problems associated with the adoption of a new currency or new (electronic) payment techniques may arise. The book includes both theoretical discussions as well as a discussion about Carl Menger’s monetary theory and its connection to the network effects of money. The last chapter of the book analyzes a specific case, namely the Euro cash changeover process that took place in 2002. This work should be useful for people with a general interest in choice of monetary standards, but also for people who specifically want to read about the Euro Cash changeover process or Carl Menger’s monetary theory.
Publishing house:
VDM Verlag Dr. Müller
Website:
http://www.vdm-verlag.de
By (author) :
Stenkula Mikael
Number of pages:
136
Published on:
2008-11-04
Stock:
Available
Category:
Business management
Price:
59.00 €
Keywords:
Network Effect, Network Externality, Euro, EMU, Monetary Union, parallel currencies, monetary reforms, monetary systems, Carl Menger

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