The primary purpose of this chapter is to demonstrate how a framework developed from data embodied in surveys of households’ consumer expenditures can be used to calculate complete arrays of own- and cross-price elasticities. The procedure is illustrated for simulated changes of ±10% in the...

This study explores the causal relationships between information and communications technology (ICT) and economic growth. It spans the post-Great Recession period of 2008-2017, which is both a period of economic tumult and slow recovery but also significant pathbreaking developments in ICT...

E-commerce penetration rates are distant among those groups of individuals with the lowest and the highest levels of online shopping adoption. This is an indicator of digital-divide, having negative effects in terms of untapped opportunities for people, companies, and the whole economy. Key...

This chapter investigates whether predictions of future economic growth can be improved by using standard measures of broadband infrastructure. The investigation is carried out by comparing the predictive accuracy of dynamic panel models of economic growth estimated with and without measures of...

This study investigates the Bass Diffusion model. Bass' parameters of innovation (p) and imitation (q) help explain adoption, and the ratio of these parameters sheds insights on critical mass. This study compares the parameters p and q across 13 internet diffusion datasets in five tourism...

Using a sample of internet users across the European Union, this chapter investigates the drivers of citizens' online political activities from an integrated resources approach which accounts for the effects of both traditional political participation-related resources and three types of...

The proliferation of business data and on-demand computing have propelled the use of artificial intelligence methods in quantitative forecasting. Machine learning has a prominent role in solving clustering and classification problems as well as dimensionality reduction. Nevertheless, traditional...

A key aspect in the design of stated preference (SP) surveys is the determination of the matrix of attributes. Traditionally, practitioners have used orthogonal and similar methods to optimize these design matrices in linear and nonlinear settings. Recent research, however, has raised several...

Two-sided platforms coordinate two types of users in order to increase the value of the whole system surrounding the platform. Users of a platform have different outside opportunities, and these influence their behavior on the platform. Platforms often limit these outside projects through...

This chapter provides a simple theoretical framework to analyze optimal provision of quality-of-service of the internet by a monopolistic internet service provider (ISP) in the presence of vertical integration. There are two vertically differentiated content providers (CPs), and one of them is...