Now showing items 1-9 of 9
Improving Learning Performance by Applying Economic Knowledge
(2004)
Digital information economies require information goods producers to learn how to position themselves within a potentially vast product space. Further, the topography of this space is often nonstationary, due to the ...
Model Selection in an Information Economy: Choosing what to Learn
(2002-11)
In an economy in which a producer must learn the preferences of a consumer population, it is faced with a classic decision problem: when to explore and when to exploit. If the producer has a limited number of chances to ...
Information Bundling in a Dynamic Environment
(2001-10)
Markets for digital information goods provide the possibility of exploring new and more complex pricing schemes, due to information goods' flexibility and negligible marginal cost. In this paper we compare the dynamic ...
System Design, User Cost and Electronic Usage of Journals
(2000-09)
Dramatic increases in the capabilities and decreases in the costs of computers and communi-cation networks have fomented revolutionary thoughts in the scholarly publishing community. In one dimension, traditional pricing ...
Endogenous Differentiation of Information Goods Under Uncertainty
(2001)
Information goods can be reconfigured at low cost. Therefore, firms can choose how to differentiate their products at a frequency comparable to price changes. However, doing so effectively is complicated by uncertainty ...
User cost, usage and library purchasing of electronically-accessed journals
(University of Michigan Scholarly Publishing Office, 2008)
Pricing and Bundling Electronic Information Goods: Experimental Evidence
(MIT Press, 2000)
Dramatic increases in the capabilities and decreases in the costs of computers and communication networks have fomented revolutionary thoughts in the scholarly publishing community. In one dimension, traditional pricing ...
Pricing Information Bundles in a Dynamic Environment
(2001)
We explore a scenario in which a monopolist producer of information goods seeks to maximize its profits in a market where consumer demand shifts frequently and unpredictably. The producer is free to set an arbitrarily ...
User cost, usage and library purchasing of electronically-accessed journals
(University of Michigan Scholarly Publishing Office, 2008)