How are business schools thinking about developing leaders for the emerging digital economy? To answer this question, we interviewed 45 business school deans about whether knowledge about IT in business should be a part of core MBA education, and if so, how this knowledge should be delivered. A...

On-demand computing provides a new way for companies to manage and use their ITinfrastructure. This model of corporate computing radically changes the way companies pay for theirIT infrastructure, basing it on quot;pay per usequot; rather than on the fixed infrastructure investments...

This paper presents a model of local network effects in which agents in a social network each value the adoption of a product by a heterogeneous subset of other agents in their quot;neighborhoodquot;, and have incomplete information about the structure and strength of adoption complementarities...

We study how electronic markets that facilitate broader inter-firm transactions affect the vertical scope of emerging IT-enabled extended enterprises. We do so by modeling firms in a three-tier value chain who are each connected to a common electronic market that facilitates direct business...

This paper analyzes optimal pricing for information goods under incomplete information,when both unlimited-usage (fixed-fee) pricing and usage-based pricing are feasible. For ageneral set of customer characteristics, it is shown that in the presence of contract administrationcosts, offering...

We present a model of dynamic monopoly pricing for a good that displaysnetwork effects. In contrast with the standard notion of arational-expectations equilibrium, we model consumers as boundedlyrational, and unable either to pay immediate attention to each pricechange, or to make accurate...

As people share more of their lives on social media, their consumption and purchase behaviors become increasingly visible to their peers, spawning a new form of digitally-enabled conspicuous consumption. We examine how the ensuing dynamics of social commerce affect these visibility choices. We...

Digital technologies have made networks ubiquitous. A growing body of research is examining these networks to gain a better understanding of how firms interact with their consumers, how people interact with each other, and how current and future digital artifacts will continue to alter business...

We investigate the relationship between on-demand ridesharing via platforms like Uber and Lyft and the use of public transit systems. Our study uses trip count data on ridesharing, taxi, shared bike, and subway usage in New York City. Exploiting a series of exogenous shocks to the system — the...