Homework 2 (Due April 12)
1. Please read the article “Metcalfe’s Law and Network Effects” by H. Mendelson and answer
the following questions: 1) What are Metcalfe’s law and network effects? 2) Provide at least
one Chinese example for both direct network effects and indirect network effects, respectively
(The article was attached in this file started from page 2).
2. Please finish the four case study questions for Priceline Case (the case and questions are in the
last three page in this file).