Open AccessThe Impact of Free Information Technology (IT) on Financial Markets
Author(s) -
Hossein Niavand,
Farzaneh Haghighat Nia,
R. Mahesh
Publication year - 2018
Publication title -
business management and strategy
Language(s) - English
Resource type - Journals
ISSN - 2157-6068
DOI - 10.5296/bms.v9i1.13113
Subject(s) - construct (python library) , the internet , marketing , nothing , endowment , business , free market , administration (probate law) , economics , finance , computer science , law , political science , philosophy , epistemology , politics , world wide web , programming language
This paper underlines included esteem creation through the offering of free merchandise by the online approach of the genuine worldwide financial condition. Till now, relatively every great or administration offered "for nothing" was the aftereffect of what financial experts consider to be a cross-endowment: you get a free well on the off chance that you'll purchase another great or you'll get a free item in the event that you'll pay for an administration. In the most recent decade, another free model showed up. The new model is construct not with respect to cross-sponsorships the development of cost starting with one item then onto the next however on utilizing the cost of the item as the last beginning stage. This indistinct place where there is free was the Internet. About, Thirty years back the huge online analysis was conceived; the most recent questions were the fight between free frameworks versus the paid ones. In 2013, "The New York Times" turn out to be free, the same with "The Wall Street Journal", what was left to pay would have educational specialty esteem and a high business included esteem. The paper shapes another lead: "The 1% Rule", this will be wrangled amid this examination through the working situations approach on the development of the connection amongst buyers and financial operators.