... Regular and EC economics are completely different EC involves gathering, selecting, synthesizing, and distributing information Economics of EC starts with supply and demand, and ends with pricing ... calls •Business value creation processes : ordering, bookkeeping, inventorying •Auction, bidding, bartering •Remote education, telemedicine, and other interactive services •Cybercafes interactive ... falling, global interest-based communities will spring up Mainly in support of business-to-business financial and other repetitive, standard transactions, e.g EFT & EDI The emergence of the Internet...