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Manifesto of the New Economy : Institutions and Business Models of the Digital Society.

This examination of the future of the 'digital society'--and its monetization--presents the business model for content producing industries and interrogates a host of issues from the economics of people's spare time to the meaning of the term 'club economics'.

Bibliographic Details
Main Author: Dolgin, Alexander.
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin / Heidelberg, 2011.
Edition:1st ed.
Subjects:
Electronic books.
Online Access:Click to View
Table of Contents:
  • Intro
  • Manifesto of the New Economy
  • Institutions and Business Modelsof the Digital Society
  • Contents
  • Chapter 1: Introduction
  • Chapter 2: The Second Invisible Hand of the Market
  • 2.1 What is the New Economy?
  • 2.2 Consumption as Language or, Why Does Society Need Diversity?
  • 2.2.1 The Ethics of Consumer Society
  • 2.3 The Imperative of Conspicuous Consumption
  • 2.4 Personal Thoughts
  • 2.5 Evolution of the Second Invisible Hand
  • 2.6 The Economic Sense of Collaborative Filtering: Division of Labour in the Testing of Experience Goods
  • 2.7 New Technologies, New Institutions
  • 2.7.1 Web 3.0
  • 2.7.2 Smart Introductions, Meaningful Messages
  • 2.8 The Gratuity Economy: Retrospective Payment and Group Motivation
  • 2.8.1 Insuring Cultural Goods
  • 2.8.2 A New Business Model for the Electronic Media: Customised Trust Advertising
  • 2.8.3 Prospects for Monetising Social Networks
  • 2.8.4 An Explanation of Demand and Unmediated Distribution
  • 2.8.5 The Alternative to Copyright
  • 2.9 The Topology of Taste
  • 2.9.1 Group Recommendations and the Love of Reading
  • 2.9.2 Encouraging Good Taste
  • 2.10 The New Economy is an Economy of Clubs
  • Chapter 3: The Symbolic Economics Approach to the Humanities and Humanitarian Practices
  • 3.1 Prospects for Humanities Research into Third-Generation Networks
  • 3.1.1 Measuring Symbolic Exchange
  • 3.1.2 Studying Dissemination of Information
  • 3.1.3 Modelling Group and Network Effects
  • 3.2 (Un)Happiness Economics
  • 3.3 Measuring Happiness
  • 3.3.1 Measuring Subjective Time
  • 3.3.2 Research into Emotional Dynamics
  • 3.4 The Measure of Symbolic Exchange: Second Money
  • 3.4.1 Multifunctionality of Second Money
  • 3.4.2 Monetising User Activity in Third-Generation Networks
  • 3.4.3 Symbolic Capital and Symbolic Values
  • 3.4.4 Symbolic Capital and the Reputation System.
  • 3.5 The Mechanism of Social Revolutions
  • 3.5.1 Three Mechanisms for Social Innovation
  • 3.5.2 The Art of ``Talk ́́in Contemporary Art
  • 3.5.3 ``Cheap Talk ́́as a Signal to Diverge?
  • 3.5.4 Social Imprinting
  • 3.5.4.1 Imprinting in Man
  • 3.5.4.2 Narrative Knowledge About Imprinting
  • 3.5.4.3 Imprinting and Attention Economics
  • 3.5.4.4 From Imprinting a Person to Imprinting a Society
  • 3.5.4.5 Imprinting and ``Cheap Talk ́́
  • 3.5.4.6 Imprinting and Advertising
  • 3.5.5 An Illustration From Science of Phase Transformations in the Community
  • 3.6 Collaborative Filtering and the Prospects for Democracy
  • Chapter 4: Conclusion
  • Appendices
  • Empirical Data Extracted from a Collaborative System
  • Ratings Distribution on Imhonet
  • Appendix 1: The Law of Conservation of Happiness: Empirical Data
  • Ratings Distribution in Various Areas of Consumption
  • Movies
  • Literature
  • Music
  • Games
  • Websites
  • TV
  • Distribution of Ratings by Type of Consumption: Overall Picture
  • Overall Ratings Distribution on Imhonet
  • Ratings Distribution by Imhonet Sections
  • Distribution for Literature
  • Distribution for Movies
  • Ratings Distribution by City
  • Moscow
  • St Petersburg
  • Kiev
  • Novosibirsk
  • Yekaterinburg
  • Summary Ratings Distribution by City
  • Appendix 2: Consumer Typology of Movies
  • Very Highly Rated Movie (Average Point 7.9-8.7), Flat Rating Distribution (Dispersion 1.7-2.2)
  • Highly Rated Movie (6.4-8.2), Standard Ratings Distribution (Dispersion 1.5-2.4)
  • Averagely Rated Movie (Average 4.7-6.0), Standard Ratings Distribution (Dispersion 2.1-2.6)
  • Averagely Rated Movie (Average Rating Around 5), Diffuse Polar (Bimodal) Ratings Distribution (Dispersion More than 2.7)
  • Averagely Rated Movie, Diffuse Uniform Ratings Distribution
  • Low-Rated Movie (Average 3.7-4.3), Standard Ratings Distribution (Dispersion 2.2-2.5).
  • Extremely Low-Rated Movie (2.1-3.8), Standard Ratings Distribution, Tending to Diffuse
  • Appendix 3: Statistics for Russian Movies
  • Pattern of Ratings of Russian Cinema: Breakdown by Year
  • Pattern of Ratings of Western Movies: Breakdown by Year
  • Change of the Average Rating of Russian Movies by Year (Based on the Entire Database of Ratings of Russian Movies)
  • Distribution of Ratings of Russian and Western Movies in 2009
  • Appendix 4: Analysis of associations
  • Statistics of User Actions Over the Course of 1 Week
  • Examples of Future Projects in the Sphere of Taste
  • About the Author.

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