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- KurzbeschreibungThe common basis for this work is that it deals with <br>money as a network good, i.e. that the value of a <br>specific currency or payment technique is dependent <br>on the number of users. This book analyzes monetary <br>choice in the light of this network aspect from <br>different perspectives.<br>The so-called network effects, which may result from <br>a network good, can work as reinforcement or <br>as an obstacle to spontaneously or politically <br>controlled changes in the monetary regime. As a <br>result, problems associated with the adoption of a <br>new currency or new (electronic) payment techniques <br>may arise.<br>The book includes both theoretical discussions as <br>well as a discussion about Carl Menger s monetary <br>theory and its connection to the network effects of <br>money. The last chapter of the book analyzes a <br>specific case, namely the Euro cash changeover <br>process that took place in 2002.<br>This work should be useful for people with a general <br>interest in choice of monetary standards, but also <br>for people who specifically want to read about the <br>Euro Cash changeover process or Carl Menger s <br>monetary theory.
- AutorMikael Stenkula
- Seiten136 Seiten
- Gewicht197 g
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