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Digitalized Markets

Digitalized Markets PDF Author: Johan Hagberg
Publisher: Routledge
ISBN: 1000351394
Category : Business & Economics
Languages : en
Pages : 197

Book Description
This book addresses how digitalization influences markets, and attempts to put research on digitalized markets center-stage. It explores digitalized markets through empirically based theorizing concerning the consequences of digitalization for mundane markets. The individual chapters explore several mundane markets, including personal transportation, temporary accommodation, fashion clothing, concert tickets, and web shopping. They employ a variety of useful concepts and methods to approach the complexity of digitalization of markets. Based on these accounts, the digitalization of markets is conceived as comprising transformation of three main aspects of markets. First, digitalization transforms the elements of markets, such as actors, devices, objects, and places that contribute to constitute markets. Second, digitalization alters market processes, or developmental event sequences by changing the activities that contribute to produce the market and thus how markets develop and take form. Third, digitalization has implications for the overall forms that markets assume in terms of how market elements and processes are linked and organized. The volume provides important contributions to our understanding of digitalized markets both through rich empirical accounts of a variety of market contexts and through conceptual developments that improve our ability to analytically deal with the market consequences of digitalization. The chapters in this book were originally published as a special issue of Consumption Markets & Culture.

Digitalized Markets

Digitalized Markets PDF Author: Johan Hagberg
Publisher: Routledge
ISBN: 1000351394
Category : Business & Economics
Languages : en
Pages : 197

Book Description
This book addresses how digitalization influences markets, and attempts to put research on digitalized markets center-stage. It explores digitalized markets through empirically based theorizing concerning the consequences of digitalization for mundane markets. The individual chapters explore several mundane markets, including personal transportation, temporary accommodation, fashion clothing, concert tickets, and web shopping. They employ a variety of useful concepts and methods to approach the complexity of digitalization of markets. Based on these accounts, the digitalization of markets is conceived as comprising transformation of three main aspects of markets. First, digitalization transforms the elements of markets, such as actors, devices, objects, and places that contribute to constitute markets. Second, digitalization alters market processes, or developmental event sequences by changing the activities that contribute to produce the market and thus how markets develop and take form. Third, digitalization has implications for the overall forms that markets assume in terms of how market elements and processes are linked and organized. The volume provides important contributions to our understanding of digitalized markets both through rich empirical accounts of a variety of market contexts and through conceptual developments that improve our ability to analytically deal with the market consequences of digitalization. The chapters in this book were originally published as a special issue of Consumption Markets & Culture.

The Digitalization of Financial Markets

The Digitalization of Financial Markets PDF Author: Adam Marszk
Publisher: Routledge
ISBN: 1000175065
Category : Business & Economics
Languages : en
Pages : 224

Book Description
The book provides deep insight into theoretical and empirical evidence on information and communication technologies (ICT) as an important factor affecting financial markets. It is focused on the impact of ICT on stock markets, bond markets, and other categories of financial markets, with the additional focus on the linked FinTech services and financial institutions. Financial markets shaped by the adoption of the new technologies are labeled ‘digital financial markets’. With a wide-ranging perspective at both the local and global levels from countries at varying degrees of economic development, this book addresses an important gap in the extant literature concerning the role of ICT in the financial markets. The consequences of these processes had until now rarely been considered in a broader economic and social context, particularly when the impact of FinTech services on financial markets is taken into account. The book’s theoretical discussions, empirical evidence and compilation of different views and perspectives make it a valuable and complex reference work. The principal audience of the book will be scholars in the fields of finance and economics. The book also targets professionals in the financial industry who are directly or indirectly linked to the new technologies on the financial markets, in particular various types of FinTech services. Chapters 2, 5 and 10 of this book are available for free in PDF format as Open Access from the individual product page at www.routledge.com. They have been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

Digitalization of Power Markets and Systems Using Energy Informatics

Digitalization of Power Markets and Systems Using Energy Informatics PDF Author: Umit Cali
Publisher: Springer Nature
ISBN: 3030833011
Category : Technology & Engineering
Languages : en
Pages : 255

Book Description
The objective of this textbook is to introduce students and professionals to fundamental principles and techniques and emerging technologies in energy informatics and the digitalization of power markets and systems. The book covers such areas as smart grids and artificial intelligence (AI) and distributed ledger technology (DLT), with a focus on information and communication technologies (ICT) deployed to modernize the electric energy infrastructure. It also provides an overview of the smart grid and its main components: smart grid applications at transmission, distribution, and customer level, network requirements with communications technologies, and standards and protocols. In addition, the book addresses emerging technologies and trends in next-generation power systems, i.e., energy informatics, such as digital green shift, energy cyber-physical-social systems (E-CPSS), energy IoT, energy blockchain, and advanced optimization. Future aspects of digitalized power markets and systems will be discussed with real-world energy informatics projects. The book is designed to be a core text in upper-undergraduate and graduate courses such as Introduction to Smart Grids, Digitalization of Power Systems, and Advanced Power System Topics in Energy Informatics.

The Challenge of the Digital Economy

The Challenge of the Digital Economy PDF Author: Francesco Boccia
Publisher: Springer
ISBN: 3319436902
Category : Business & Economics
Languages : en
Pages : 158

Book Description
This volume presents contributions that analyse the extraordinary impact of digital technology on business, services, and the production of value in many sectors of the economy. At the heart of this book is the fact that the entire digital economy is now worth almost 6% of global GDP, and it continues to grow at an unprecedented rate. The volume covers the general debate on taxation and the digital economy with the chapters by Russo, Makiyama and Boccia, before completing the analysis with discussion of three national case studies covering the U.S. (Pagano), U.K. (Leonardi) and Italy (Boccia and Leonardi). Contributors are leading experts in the fields of taxation and the digital economy and contextualise the key issues surrounding the digitalisation of the economy from an international perspective.

Imitation Market Modeling in Digital Economy: Game Theoretic Approaches

Imitation Market Modeling in Digital Economy: Game Theoretic Approaches PDF Author: Elena G. Popkova
Publisher: Springer Nature
ISBN: 3030932443
Category : Technology & Engineering
Languages : en
Pages : 850

Book Description
This book includes the best studies on the results of the International Scientific and Practical Conference “New behaviors of market players in the digital economy,” which was held by the Institute of Scientific Communications on July 8, 2021, online, in YouTube format. This book is devoted to the study of digital economy markets from the standpoint of various market players—society (consumers), entrepreneurship, and the state—from the standpoint of various sciences—economic, managerial, social, and legal—which ensures the multidisciplinarity of the book. The uniqueness of the book lies in the application of a new scientific and methodological approach to the study of digital economy markets—simulation modeling. The advantages of a game-based scientific and methodological approach to reducing the uncertainty of economic processes and systems—a combination of quantitative and qualitative analytical methods, a systematic consideration of economic processes and systems from a socio-economic point of view—make it especially suitable for studying digital economy markets. The book identifies the impact of globalization and digitalization on the modern economy and industry markets. The trends and features of the use of advanced technologies in the digital economy markets are studied. The modern practices of business management and business integration in the digital economy are considered. The foundations of economic security and sustainable development of markets and enterprises in the digital economy are revealed. The book is suitable for scientists studying the markets of the digital economy, who will find in it scientific and methodological recommendations and developments on the application of game theory, as well as ready simulation models of the digital economy markets.

Beyond Digital

Beyond Digital PDF Author: Paul Leinwand
Publisher: Harvard Business Press
ISBN: 1647822335
Category : Business & Economics
Languages : en
Pages : 142

Book Description
Two world-renowned strategists detail the seven leadership imperatives for transforming companies in the new digital era. Digital transformation is critical. But winning in today's world requires more than digitization. It requires understanding that the nature of competitive advantage has shifted—and that being digital is not enough. In Beyond Digital, Paul Leinwand and Matt Mani from Strategy&, PwC's global strategy consulting business, take readers inside twelve companies and how they have navigated through this monumental shift: from Philips's reinvention from a broad conglomerate to a focused health technology player, to Cleveland Clinic's engagement with its broader ecosystem to improve and expand its leading patient care to more locations around the world, to Microsoft's overhaul of its global commercial business to drive customer outcomes. Other case studies include Adobe, Citigroup, Eli Lilly, Hitachi, Honeywell, Inditex, Komatsu, STC Pay, and Titan. Building on a major new body of research, the authors identify the seven imperatives that leaders must follow as the digital age continues to evolve: Reimagine your company's place in the world Embrace and create value via ecosystems Build a system of privileged insights with your customers Make your organization outcome-oriented Invert the focus of your leadership team Reinvent the social contract with your people Disrupt your own leadership approach Together, these seven imperatives comprise a playbook for how leaders can define a bolder purpose and transform their organizations.

The Economics of Digital Transformation

The Economics of Digital Transformation PDF Author: Katarzyna Śledziewska
Publisher: Routledge
ISBN: 1000423352
Category : Business & Economics
Languages : en
Pages : 176

Book Description
The unprecedented Covid-19 crisis revealed the scale and scope of a new type of economy taking shape in front of our very eyes: the digital economy. This book presents a concise theoretical and conceptual framework for a more nuanced analysis of the economic and sociological impacts of the technological disruption that is taking place in the markets of goods and services, labour markets, and the global economy more generally. This interdisciplinary work is a must for researchers and students from economics, business, and other social science majors who seek an overview of the main digital economy concepts and research. Its down-to-earth approach and communicative style will also speak to businesses practitioners who want to understand the ongoing digital disruption of the market rules and emergence of the new digital business models. The book refers to academic insights from economics and sociology while giving numerous empirical examples drawn from basic and applied research and business. It addresses several burning issues: how are digital processes transforming traditional business models? Does intelligent automation threaten our jobs? Are we reaching the end of globalisation as we know it? How can we best prepare ourselves and our children for the digitally transformed world? The book will help the reader gain a better understanding of the mechanisms behind the digital transformation, something that is essential in order to not only reap the plentiful opportunities being created by the digital economy but also to avoid its many pitfalls. Chapters 1, 3 and 5 of this book are available for free in PDF format as Open Access from the individual product page at www.routledge.com. They have been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

Taxation in the Digital Economy

Taxation in the Digital Economy PDF Author: Nella Hendriyetty
Publisher: Taylor & Francis
ISBN: 1000636496
Category : Business & Economics
Languages : en
Pages : 272

Book Description
A robust and efficient tax administration in a modern tax system requires effective tax policies and legislation. Policy frameworks should cover all aspects of tax administration and include the essential processes of capturing, processing, analyzing, and responding to information provided by taxpayers and others concerning taxpayers’ affairs. By far the greatest challenges facing tax administrations in all countries are those posed by the continuing developments in the digital economy. Whereas societies are grappling to come to terms with the transitions from the third industrial or digital revolutions, revenue authorities grapple with the consequences for the sustainability of their tax bases and the efficient administration and collection of taxes. This book presents a critical review of the status of tax systems in Asia and the Pacific in the era of the digital economy. The book suggests how countries can maximize their domestic resource mobilization when confronted by the challenges that digitalization inevitably produces, as well as how they can best harness or take advantage of aspects of digitalization to serve their own needs. The full implications of the COVID-19 crisis are still too uncertain to predict, but it is clear that the crisis will accelerate the trend towards digitalization and also increase pressures on public finances. This, in turn, may shape the preference for, and the nature of, both multilateral and unilateral responses to the tax challenges posed by digitalization and the need to address them. This book will be a timely reference for those researching on taxation in digital economy and for policy makers.

Global Challenges of Digital Transformation of Markets

Global Challenges of Digital Transformation of Markets PDF Author: Elena De la Poza
Publisher: Nova Science Publishers
ISBN: 9781536198645
Category : Business & Economics
Languages : en
Pages : 638

Book Description
"As rapid changes are brought on by technologies and by the challenges facing humanity, existing businesses consistently update and reinvent. This book tackles the challenges of adopting and reinventing business models due to the digital transformation in logistics and supply chain management, digitization of trade networks and global markets, with a primary focus on business processes, marketing transformation and human resources management"--

Do digital markets and algorithmic governance pose intractable problems for existing forms of regulation and policing?

Do digital markets and algorithmic governance pose intractable problems for existing forms of regulation and policing? PDF Author: Pascal A. Nonnen
Publisher: GRIN Verlag
ISBN: 3668623724
Category : Social Science
Languages : en
Pages : 18

Book Description
Essay from the year 2017 in the subject Sociology - Culture, Technology, Peoples / Nations, grade: 1,0, University of Edinburgh (Social and Political Science), course: Digital Markets & Society, language: English, abstract: In this essay, I argue that the emergence of digital markets constitutes a break with past social forms. Chapter one will examine the new social order by introducing Michel Foucault’s concept of ‘Governmentality’, followed by ‘algorithmic governance’ as governance by algorithms (governance by technology). I will outline how algorithms are not only shaped by humans but also shape humans and co-determine how social reality is organized. Chapter two will focus on how algorithmic governance and dark net as a space of anonymity pose challenges to society and to current forms of regulation and policing. It will also discuss whether, and to what extent, authorities can respond to the particular problems raised by digital markets and algorithmic governance. This essay will conclude that algorithmic governance and dark net as a space of anonymity confront both society and authorities with intractable regulatory problems. Due to the rise of a new social order, various effects such as secrecy, opacity, and inscrutability complicate regulatory responses on the part of authorities. As all members of society become more dependent on complex technology, it will be impossible for authorities to tackle the effects of algorithmic governance and dark net as a space of anonymity as a whole.