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We study the question of whether a software vendor should allow users of unlicensed (pirated) copies of a software product to apply security patches. We present a joint model of network software security and software piracy and contrast two policies that a software vendor can enforce: (i)...
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Online market places have an unprecedented power of bringing together a large number of buyers and sellers and aggregating information. Despite its benefits, this scale of aggregation of private information may bring about adverse effects that can cause inefficiencies, which can be ignored by...
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Small suppliers often face challenges to obtain financing for their operations. Especially in developing economies, traditional financing methods can be very costly or unavailable to such suppliers. To reduce channel costs, large buyers have recently begun implementing their own financing...
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We empirically study the two-sided market for ride-hailing services and the effects of pricing policies and regulation on the value generated by these platforms. We first develop a discrete choice model for the formation of mutually dependent demand (consumer side) and supply (driver side) that...
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In recent years decentralized Ride Hailing companies have gained significant market share at the expense of vertically-integrated Taxi companies. Yet, Ride Hailing companies also experienced substantial setbacks, and it is not clear what the endgame between these two competing business models...
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