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What is Literal (Physical) Networks

Chapter 132
Encyclopedia of Networked and Virtual Organizations
Networks in which participants are literally (i.e., physically) connected to each other (e.g., the telephone network, the cable television network).
Published in Chapter:
Network Effects
Erik den Hartigh (Delft University of Technology, The Netherlands)
Copyright: © 2008 |Pages: 7
DOI: 10.4018/978-1-59904-885-7.ch132
Abstract
From the 1980s, network effects attracted a lot of interest in economics and management sciences. This was mainly due to the work of Arthur (e.g., 1988, 1989, 1990). While the subject of increasing returns to scale in companies had a long tradition in economics, network effects (i.e., increasing returns in markets) had hardly been addressed.
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