The transatlantic telegraph’s introduction is a lesson from history on how information technology can improve firms’ ability to forecast demand
Steinwender, Claudia
(2014)
The transatlantic telegraph’s introduction is a lesson from history on how information technology can improve firms’ ability to forecast demand
[Online resource]
When new technology leads to a dramatic change in the availability of information, how do firms and markets respond? In a unique historical ‘experiment’, Claudia Steinwender evaluates the trade impact of the submarine transatlantic telegraph cable that connected Europe and North America in the mid-nineteenth century.
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