Information: The Perfect Economic Good

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Other topics: 

• New information technologies now saturate our society's public discussion
• An economic good is a physical object or service that has value to people and can be sold
• an economic good are things that are, to be sure, "goods" but not means to an end.

four very basic qualities that an economic good possesses: 1. It must fulfill a human need 2. Must have useful properties 3. The possessor of the good must be aware of its useful properties 4. The user must have the ability to use the object.

• Andrews, Biggs, Mary and Seidel, Michael. The Columbia World of Quotations.1st. New York: Columbia University Press, 1996. Bates, Benjamin “The Economics of Information and Intellectual Property: Creating a Social Economics Approach. 06 Apr. 2006 www.valt.helsinki.fi/staff/bates/Bates-EI2.ht. Bates, Benjamin. "Information as an Economic Good: A Reevaluation of Theoretical Approaches." Mediation, Information, & Communication - Information & Behavior (1990): 379-394. Britz, J.J. "When is it good to steal?." School of Information Technology. 06 Apr. 2006 <www.cs.utu.fi/ifip/WG9.2_Conference_2005/EA/B;. Campan, Gael. "Does Justice Qualify as an Economic Good?: A Bohm-Bawerkian Perspective." The Quarterly Journal of Austrian Economics 2(1999): 21-33. (Gael 21-33) Coiera, Enrico. "Information Economics and the Internet." Journal Of The American Medical Informatics Association Aug 2000: 215-221. Golderman , Gail . "Getting Down to Business." Library Journal 128(2003): 38-43 Kyrk, Hazel . "The Income Distribution as a Measure of Economic Welfare." Economic Review 30.2 (2005): 342-356. Laperche, Blandine. "The Hidden Face of Electronic Commerce Between Enterprises." Information & Commerce Technology Law 10.3 (2001): 273-283. Lopez, Andres. The Impact of Protection of Non-Original Databases on the contries of Latin America and the Caribbean. Diss. World Intellectual Property Organization, 2002. Geneva Lossee, Robert. "A Discipline Independant Definition of Information." Journal of the American Society of Information Science 48(1997): 189-283. Sholle, David. "What is Informatio? The Flow of Bits and the Control of Chaos." M.I.T Communications Forum. Massachusetts Institute of Technology. 21 May 2006 <web.mit.edu/comm-forum/papers/sholle.html>;. Varian, Hal. "Markets for Information Goods." University of California, Berkley. , Berkley. April 1998.