Web Winners

Web Winners - Name: Bao Dang ID: 16-867-4989 Web Winners...

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Name: Bao Dang ID: 16-867-4989 Web Winners Google Inc. creates a new set of winners and losers on the Web when it changes its searching standard and algorithm. At the same time, several companies benefit from the change and other lose. The rankings of companies on Google’s list are as important as their reputations and brand names. The efforts of companies to stay on the top of searching list of Google can be explained using economic concepts. In many cases, necessary information is not produced or rarely produced because of the free-rider problem. However, information is still valuable. Therefore, individuals sometime produce information themselves by searching. To find the lowest price, the best deal, or the highest quality, people have to spend time to look around. The same problem happens in the internet world. Companies offer products, services on their websites. Customers spend time to look for valuable information or deals from websites. Even though searching becomes faster and
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Web Winners - Name: Bao Dang ID: 16-867-4989 Web Winners...

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