Memory is biased. People, for instance, privilege recalling information that confirms preexisting beliefs. This paper examines how selective memory shapes how people search for information. I propose a bandit model, in which different signal are recalled at different rates of probability....

How do successive, forward-looking agents experiment with interdependent and endogenous technologies? In this paper, trying a radically new technology not only is informative of the value of similar technologies, but also reduces the cost of experimenting with them, in effect expanding the space...

The video games industry has been subject to a number of significant transitions in its short history. The current transition, however, has the potential to restructure more fundamentally the technological, competitive and market dynamics with a growing share of revenues attributed to...

The impact of information technology (IT) on the stability of market equilibrium is explained from a simple microeconomic standpoint. Attributes of a dynamically stable “virtual” market equilibrium are described assuming consumer rationality, an elastic supply curve, and minimum static...

The Gen-Z, who are deemed digital natives, have shown interest in the metaverse. The emergence of augmented reality (AR), virtual reality (VR), and mixed reality (XR) technologies in recent years has fuelled the increased interest in metaverse gaming. However, extant literature is yet to...

Providers of free-to-play games often gain revenue by monetizing players' playtime, e.g., through ingame advertising, and by selling premium module of the game. One emerging strategy to sell the premium module, known as the virtual selling strategy, is to set the module price based on an amount...

The present paper develops a new institutional perspective of intellectual property right (IPR) enforcement dilemmas in developing countries, focusing on the case of software protection in Egypt. Transplanting western made IPR rules and enforcement strategies to developing countries without any...