@misc{Lexicon of Arguments, title = {Quotation from: Lexicon of Arguments – Concepts - Ed. Martin Schulz, 28 Mar 2024}, author = {Anderson,Chris}, subject = {Economy}, note = {I 14 Economy/Anderson: what economy does is to find suitable, easily understandable frameworks to describe real-world phenomena. I 15 Similarity: For example, with the publication of a successful book in 2004, a similar book from 1988 was again successful and even more so. A few readers had noticed similarities and mentioned them in public reviews. Sales of the second book resulted in considerable sales of the older book. Long-Tail-Economy/Anderson: Thesis: The economy of the 21st century will look different from that of the 20th century: if it used to be about hits, it will now be about niches. (See Terminology/Anderson). I 39 Hit economy: in the former economy, hits were used to cross-subsidize the many less successful titles - which in turn were used to incubate possible hits. (Ratio 80/20). I 41 Long-Tail-Economy/Anderson: there is a prehistory that had nothing to do with the internet: Order numbers, parcel delivery, credit cards, databases, even barcodes. These things have evolved over decades. The Internet has connected them to a network in no time at all. I 116 If shelving meters (= exhibition space) are no longer in short supply, the offer is no longer arranged in a ratio "good" to "bad", but there is a figure/background problem (noise). The solution to this problem are better search tools. I 117 Nevertheless, there are differences in the quality of the products on offer - these have become even greater. ((s) They just don't determine the order anymore). I 201 eBay is both: a long tail of products and a long tail of traders.}, note = { Ander I Chris Anderson The Long Tail: Why the Future of Business is Selling Less of More New York 2006 }, file = {http://philosophy-science-humanities-controversies.com/listview-details.php?id=951392} url = {http://philosophy-science-humanities-controversies.com/listview-details.php?id=951392} }