How did the diffusion of the Internet affect performance and product quality in the airline industry? We argue that the … growth patterns in Internet access, we find a positive relationship between Internet access and scheduled flight times. The …. We also find that despite longer scheduled flight times, flight delays increased as passengers gained Internet access …

The digital revolution has dramatically reduced search costs for information. Consumers can now access information that …

show that the increase in efficiency holds even when controlling for the search intensity of guests, the change in the … composition of transactions and aggregate market conditions at the time of search I demonstrate that guests are elastic with …

Paid placement, where advertisers bid payments to a search engine to have their products appear next to keyword search … results, has emerged as a predominant form of advertising on the Internet. This paper studies a product-di¤erentiation model … learn about a seller?s product through a costly search. In equilibrium, a seller bids more for placement when his product is …

assortments. Consumers face a search problem within an assortment of horizontally differentiated products supplied by a monopolist …. They may search for a product match by drawing products from the assortment or by seeking word of mouth recommendations …

Sponsored search mechanisms, where advertisers bid for placement to be as close to the top in the listing of search … results, are the fastest growing among online search models. Sponsored search in popular search services such as Google and … Yahoo! employ an auction mechanism wherein firms can bid, for a better placement in the (sponsored) search results, on …

The Internet has drastically altered the nature of competition in the news industry. This article develops a model of … that aggregators, such as Google and Digg.com, allow consumers to search amongst articles and direct consumers towards high …

We examine the geography of early stage entrepreneurial finance in the context of an internet marketplace for funding … limited reputations. At the same time, however, observers of the spatial effects of the internet and related technologies … report that many economic activities have become much less geographically dependent. At an aggregate level, the internet …

providing information and communications. This has prompted a search for ways to increase Internet adoption and narrow its …A country’s human capital and economic productivity increasingly depend on the Internet due to its expanding role in … determinants of Internet access difficult to change in the short run. Internet content increases adoption and can be changed more …

Pricing of Internet access has been characterized by two properties. Parties are directly billed only by the Internet … Service Provider (ISP) through which they connect to the Internet and the ISP charges them on the basis of the amount of …