Traditional Culture Encyclopedia - Traditional stories - Differences and similarities between network economy and traditional economics

Differences and similarities between network economy and traditional economics

The network economy is a derivative of the traditional economy, and has a significant impact on the traditional economic theory, and even change many theories in traditional economics. For example, the theory of "diminishing marginal benefit" in traditional economics has been changed due to the development of network economy.

The network economy has an obvious scale effect, if the larger the scale, the more users, the more standardized the product, the more business opportunities brought about, the greater the benefits. It can be seen that the benefits of the network economy is proportional to its scale.