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...

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...

Online portals provide personalization for "free" since the information acquired from consumers' usage of these services is valuable for advertising and targeted marketing purposes. Consumers' usage of services is determined by the tradeoff between their marginal value for personalized services...

The efficacy of boards of directors as a critical governance institution has attracted increasing scrutiny in the wake of the recent financial meltdown. CEO compensation which consequentially determines overall management compensation in a firm, is a key governance decision entrusted with the...