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This is a set for frequently asked questions (and answers) about the economic, institutional, and technological structure of the Internet. The authors describe the current state of the Internet, discuss some of the pressing economic and regulatory problems, and speculate about future developments.
Persistent link: https://www.econbiz.de/10005560872
This is a set of Frequently Asked Questions (and answers) about the economic, institutional, and technological structure of the Internet. We describe the history and current state of the Internet, discuss some of the pressing economic and regulatory problems, and speculate about future developments.
Persistent link: https://www.econbiz.de/10005561459
This paper was prepared for the conference ``Public Access to the Internet,'' JFK School of Government, May 26--27 , 1993. We describe some of the technology and costs relevant to pricing access to and usage of the Internet, and discuss the components of an efficient pricing structure. We...
Persistent link: https://www.econbiz.de/10005134570
This is a preliminary version of a paper prepared for the Tenth Michigan Public Utility Conference at Western Michigan University March 25--27, 1992. We describe the history, technology and cost structure of the Internet. We also describe a possible smart-market mechanism for pricing traffic on...
Persistent link: https://www.econbiz.de/10005134577
Persistent link: https://www.econbiz.de/10005281454
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We consider the problem of short-term time series forecasting (nowcasting) when there are more possible predictors than observations. Our approach combines three Bayesian techniques: Kalman filtering, spike-and-slab regression, and model averaging. We illustrate this approach using search engine...
Persistent link: https://www.econbiz.de/10011264930
Persistent link: https://www.econbiz.de/10005013107
I show that the Pigovian solution to a simple externalities problem and a particular Coasian solution can be viewed as competitive equilibria from different initial endowments. I also describe the ``compensation mechanism,'' a mechanism that implements either the Coasian or Pigovian solution as...
Persistent link: https://www.econbiz.de/10005077060