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Digital Rights Management and the Pricing of Digital Products
Park, Yooki; Scotchmer, Suzanne - 2021
As it becomes cheaper to copy and share digital content, vendors are turning to technical protections such as encryption. We argue that if protection is nevertheless imperfect, this transition will generally lower the prices of content relative to perfect legal enforcement. However, the effect...
Persistent link: https://www.econbiz.de/10013252333
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Patent Value and Citations : Creative Destruction or Strategic Disruption?
Abrams, David - 2014
Prior work suggests that more valuable patents are cited more. Using novel revenue data for tens of thousands of patents held by non-practicing entities (NPEs), we find that the relationship between citations and value forms an inverted-U, with fewer citations at the high end of value than in...
Persistent link: https://www.econbiz.de/10013062174
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Income Differences and Prices of Tradables : Insights from an Online Retailer
Simonovska, Ina - 2010
I study the positive relationship between prices of tradable goods and per-capita income. I develop a highly tractable general equilibrium model of international trade with heterogeneous firms and non-homothetic consumer preferences that positively links prices of tradables to consumer income....
Persistent link: https://www.econbiz.de/10013139751
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More Trusting, Less Trust? An Investigation of Early E-Commerce in China
Cai, Hongbin - 2013
Trust is vital for market development, but how can trust be enhanced in a marketplace? A common view is that more trusting may help to build trust, especially in less developed economies. In this paper, we argue that more trusting may lead to less trust. We set up a rational expectation model in...
Persistent link: https://www.econbiz.de/10013083391
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The Economics of Internet Markets
Levin, Jonathan - 2014
The internet has facilitated the creation of new markets characterized by large scale, increased customization, rapid innovation and the collection and use of detailed consumer and market data. I describe these changes and some of the economic theory that has been useful for thinking about...
Persistent link: https://www.econbiz.de/10013068482
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Understanding Media Markets in the Digital Age : Economics and Methodology
Danaher, Brett - 2013
Digitization raises a variety of important academic and managerial questions around firm strategies and public policies …-sharing. At the same time, digitization has created many new opportunities to empirically analyze these questions by leveraging …" questions related to digitization and the copyright industries, and discuss methodological approaches to leverage the new data …
Persistent link: https://www.econbiz.de/10013072877
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Evidence of Decreasing Internet Entropy : The Lack of Redundancy in Dns Resolution by Major Websites and Services
Bates, Samantha - 2018
This paper analyzes the extent to which the Internet's global domain name resolution (DNS) system has preserved its distributed resilience given the rise of cloud-based hosting and infrastructure. We explore trends in the concentration of the DNS space since at least 2011. In addition, we...
Persistent link: https://www.econbiz.de/10012927037
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Digital Labor Markets and Global Talent Flows
Horton, John J. - 2017
Digital labor markets are rapidly expanding and connecting companies and contractors on a global basis. We review the environment in which these markets take root, the micro- and macro-level studies of their operations, their ongoing evolution and recent trends, and perspectives for undertaking...
Persistent link: https://www.econbiz.de/10012956400
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Economists (and Economics) in Tech Companies
Athey, Susan - 2018
As technology platforms have created new markets and new ways of acquiring information, economists have come to play an increasingly central role in tech companies – tackling problems such as platform design, strategy, pricing, and policy. Over the past five years, hundreds of PhD economists...
Persistent link: https://www.econbiz.de/10012910663
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Gdp-B : Accounting for the Value of New and Free Goods in the Digital Economy
Brynjolfsson, Erik - 2019
The welfare contributions of the digital economy, characterized by the proliferation of new and free goods, are not well-measured in our current national accounts. We derive explicit terms for the welfare contributions of these goods and introduce a new metric, GDP-B which quantifies their...
Persistent link: https://www.econbiz.de/10012889499