Internet-based educational resources are proliferating rapidly. One concern associated with these (potentially …

firm's marginal production costs. We test the theory by exploiting the opening of a high-speed (Shinkansen) train line in …

We present a theory of the organization of work in an economy where knowledge is an essential input in production: a … may produce on their own or in organizations. Our theory generates an assignment of workers to positions, a wage structure … referral markets. We use our theory to study the impact of information and communication technology, and contrast its …

question we propose a theory of the assignment of heterogeneous agents into hierarchical teams, where less skilled agents …

To identify the determinants of cross-country disparities in personal computer and Internet penetration, we examine a … significant in most specifications for computer use. A similar pattern holds true for Internet use, except that telephone density … differentials. For computers, telephone density and regulatory quality are of second and third importance, while for the Internet …

In this paper, we study the changes in transaction costs from the introduction of the Internet in transactions between … transaction costs that are likely to result when a transaction is transferred from a physical marketplace to an Internet-based one … informational asymmetries. We implement this framework by analyzing detailed internal data from one Internet-based firm to measure …