Titlebook: Revolutions in Book Publishing; The Effects of Digit Lall Ramrattan,Michael Szenberg Book 2016 The Editor(s) (if applicable) and The Author

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General Introduction,eriod of high-tech development. Today, bookstores are dwindling and the Internet is the preferred marketplace for both buyers and sellers. Consumers are increasingly reading books in digitized form on electronic devices. Feedbacks in the old Structure, Conduct, and Performance paradigm have made pre

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Overview of Price and Nonprice Competition,nt and more challenging exogenous and endogenous phenomena. We identify new demand parameters for the industry. Consumers can now comparison-shop for bargains and choose between different ways to read books and allocate their time. These options determine their consumption and human capital formatio

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Consumption Aspects: Empirical Findings,rates are almost twice as large as consumption rates—but prices remain high, partly because they are traditionally cost-push in nature. The highest-cost aspects of the industry have traditionally been paper, platemaking, printing, binding, and book returns. Information technology is changing those c