Abstract
Digital goods are bitstrings, sequences of 0s and 1s, that have economic value. Increasingly the Internet is used for their distribution, examples include digital versions of books, articles, music, and images. Obviously, trading digital goods over the Internet offers lots of advantages. For example, digital goods have in common, that transaction costs are minimal (in comparison to conventional goods) since all logistic processes may happen consistent without changing the media of the Internet. This includes costs for information, arrangements, transaction, controlling and adapting of the bargain.
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Pernul, G. (2003). Trust for Digital Products. In: Bauknecht, K., Tjoa, A.M., Quirchmayr, G. (eds) E-Commerce and Web Technologies. EC-Web 2003. Lecture Notes in Computer Science, vol 2738. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-45229-4_1
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DOI: https://doi.org/10.1007/978-3-540-45229-4_1
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-40808-6
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