In our model, market consists of two types of consumers who receive some common utility from the basic functionality of the information good but have heterogeneous valuation for other value enhancing functionalities. We show that in absence of piracy, versioning is optimal when the proportion of...

With the advent of Groupon.com in 2008, daily deal platforms have seen phenomenal growth. Surprisingly there is very sparse analytical research that has studied the economics of the daily deal platforms which are two-sided in the sense that they connect merchants on the one side to consumers on...

A third-party-online-promotion marketplace allows merchants to reach out to consumers who are uninformed about merchants' offering, and charges commission from them. We consider a market that has two types of merchants who are heterogeneous in the proportion of consumers who are informed about...

Online personalization services belong to a class of economic goods with "no-free-disposal" (NFD) property, where due to privacy concerns more services is not always preferred to less. We examine vendor strategies for a market with heterogeneous consumers and where the vendor can also "buy"...

Reduced sizes of music files due to compression technologies has allowed for piracy to become a rampant problem on the Internet even in the absence of significant bandwidth. However given the large sizes of video files, movies are still largely pirated by duplicating DVDs, VCDs and other...

This paper models the pricing of digital experience goods such as online video in a vertically segmented market under threat of piracy. By definition consumers know the true fit of an experience good only after they have consumed it and piracy offers an illegal consumption method. We develop a...

Recent research has found evidence of bias in algorithms used for hiring. Though recent literature on algorithmic fairness focused on improving fairness in selection algorithms, little work has focused on algorithms used in the resume sourcing phase. Algorithmic fairness in the selection phase...

The pervasiveness of the Internet and digitization has revolutionized the delivery and consumption of information goods. In this paper, we study the impact of digitization and the shift in consumers' preferences for the digital medium on outcomes including social welfare in content markets. We...