When our pollution control statutes were drafted in the 1970s, smokestack sources sat squarely in these laws' regulatory cross hairs. Over the past few decades, however, manufacturing's relative importance has declined while the service sector has ascended to the point where services now...

"Corporate governance deals with the ways in which suppliers of finance to corporations assure themselves of getting a return on their investment". This to our mind is an extremely narrow definition of corporate governance, especially in banks. Our approach to corporate governance in general is...

This paper advances theory on the process of collaboration between entities and its implications on the quality of services, information, and/or products (SIPs) that the collaborating entities provide to each other. It investigates the scenario of outsourced IS projects (such as custom software...

The paper proposes an analytical framework for comparing different business models for producing information goods and digital services. It is based on three dimensions that also refer to contrasted literature: the economics of matching, the economics of assembling and the economics of knowledge...

Like many other media services, internet search services provide two-sided platforms that coordinate interactions between media consumers and media advertisers. As with other media services, especially newspapers, the possibility has been raised that positive feedback between the consumer and...

We study wealth management products (WMPs) issued by banks and find higher prices online than offline. The explanation is: banks must charge lower prices at physical branches to compensate customers for traveling costs. The online-offline price gaps decrease with the share of online-banking...

This paper surveys a variety of topics related to network economics. Topics covered include: consumer demand under network effects, compatibility decisions and standardization, technology advances in network industries, two-sided markets, information networks and intellectual property, and...

This paper analyses the extent of inter-format retail competition between supermarkets, discounters and drugstores in Germany, using data from the German market for diapers. We estimate a random coefficient logit model at the individual household level. Based on consumer substitution patterns,...

Given various recent antitrust investigations on the retail sector, we deal with uncovering demand systems substitution patterns for a particular market (diapers) to investigate the inter-format competition (supermarkets vs. discounters vs. drugstores). Using the uncovered demand system we...