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The Economics of E-Commerce and Networking Decisions

Applications and Extensions of Inframarginal Analysis

This volume is a collection of selected papers using the framework of inframarginal analysis of the division of labour held at Monash University on 6-7 July 2001. This framework, pioneered mainly by Professor Xiaokai Yang, (with joint researches involving all the three editors and many of the authors), has been recommended by Professor James Buchanan (Nobel Laureate in Economics) as the most important analysis in economics in the world today.

The ICBC is projected to increase its e-banking transaction volume from 1.9 trillion yuan (US$229 billion) in 2000 to 3 trillion yuan (US$361 billion) this year, making up 5 per cent of its traditional business volume.42 China's major ...