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While existing research on peer-to-peer (P2P) file-sharing services has increased our understanding in many respects, it has not yet supplied a comprehensive theoretical framework that explains business failures of P2P file-sharing network service models. We develop such an analytical model and...
Persistent link: https://www.econbiz.de/10014047568
This paper uses modified economic growth theory to compare and contrast two currently available ways of digital content distribution: the client-server model and the peer-to-peer (P2P) model. We describe a monopolistic pricing scheme for distributing digital content over P2P networks that...
Persistent link: https://www.econbiz.de/10014048007
Digital culture products are easily reproduced, easily distributed, and subject to boundless modification, extension and recombination. This sets the stage for the emergence of markets for co-production of cultural content. This paper studies two new market structures using two different...
Persistent link: https://www.econbiz.de/10014048045
New forms of implicit consumer collaborations in online communities and social networks influence demand preferences as consumers (1) increasingly exchange information about products and providers (thus reducing information asymmetry) and (2) increasingly participate in the creation of cultural...
Persistent link: https://www.econbiz.de/10014046033
Several studies have shown that Consumer-to-consumer (C2C) auctions operate below their revenue and efficiency potential. From a theoretical perspective, most auction researchers agree that dynamic prices should improve the performance of these auctions, but it is still unclear whether dynamic...
Persistent link: https://www.econbiz.de/10014046389
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Human experts are being increasingly required to work with artificial intelligence and machine learning (AI/ML) in organizational decision-making. Using a large-scale historic dataset, we design and run an economic experiment where financially incentivized participants evaluate loan applications...
Persistent link: https://www.econbiz.de/10012842588
The qualitative reasoning (QR) field has developed various representation and reasoning methods for the modeling with incomplete information or incomplete knowledge. While most uncertain reasoning approaches describe uncertain or imprecisely known information as probability distribution...
Persistent link: https://www.econbiz.de/10012773192