External links
| General | |
|---|---|
| National libraries | |
| Scientific databases | |
Yannis Bakos is a professor at the Leonard N. Stern School of Business at New York University. His primary area of expertise is the economic and business implications of information technology, the Internet, and online media. He is the co-founder (with Chris F. Kemerer) of the Workshop on Information Systems and Economics (WISE), and the co-inventor of Flexplay DVDs.
Bakos holds a Ph.D. in Management and an MBA in Finance from the MIT Sloan School of Management. He also received a master's degree in Electrical Engineering and Computer Science and a B.S. in Computer Engineering from MIT's Department of Electrical Engineering and Computer Science. Before coming to NYU, Professor Bakos was on the faculty of the Merage School of Business at the University of California, Irvine and the Sloan School of Management at MIT.
Bakos' early work showed that the internet would reduce the search costs of buyers and sellers, and that the resulting electronic marketplaces would result in lower prices and more competition among the sellers. He has more recently studied pricing strategies for information. For example, his work with Erik Brynjolfsson showed that Product bundling can be particularly effective for "digital information goods" with very low or zero marginal cost. 1 In other recent work, he has been studying how reputation mechanisms, like the ones used by eBay, offer an alternative to traditional litigation as a way to settle disputes.
Bakos is the co-inventor of Flexplay DVDs, which are limited play DVDs that expire a preset period after the package is opened. Expiration is triggered when a special chemical layer in the DVD is exposed to oxygen in the air, and thus does not depend on the electronics of the DVD player. This invention received several U.S. and international patents. Dr. Bakos co-founded Flexplay Technologies, where he was chairman of the board from 2001 until the company was sold to the Convex Group in 2004. Disney released about 100 movies in the U.S. using this technology under the ez-D trade name, and the technology was used in Japan until 2010.
| General | |
|---|---|
| National libraries | |
| Scientific databases | |
The MIT Sloan School of Management is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts, United States. MIT Sloan offers bachelor's, master's, and doctoral degree programs, as well as executive education. Its degree programs are among the most selective in the world. MIT Sloan emphasizes innovation in practice and research. Many influential ideas in management and finance originated at the school, including the Black–Scholes model, the Solow–Swan model, the random walk hypothesis, the binomial options pricing model, and the field of system dynamics. The faculty has included numerous Nobel laureates in economics and John Bates Clark Medal winners.
In marketing, product bundling is offering several products or services for sale as one combined product or service package. It is a common feature in many imperfectly competitive product and service markets. Industries engaged in the practice include telecommunications services, financial services, health care, information, and consumer electronics. A software bundle might include a word processor, spreadsheet, and presentation program into a single office suite. The cable television industry often bundles many TV and movie channels into a single tier or package. The fast food industry combines separate food items into a "meal deal" or "value meal".
Robert Melancton Metcalfe is an engineer and entrepreneur from the United States who helped pioneer the Internet starting in 1970. He co-invented Ethernet, co-founded 3Com and formulated Metcalfe's law, which describes the effect of a telecommunications network. Since January 2011, he has been Professor of Innovation and Entrepreneurship at The University of Texas at Austin. He is also the Murchison Fellow of Free Enterprise.
Information economics or the economics of information is a branch of microeconomic theory that studies how information and information systems affect an economy and economic decisions. Information has special characteristics: It is easy to create but hard to trust. It is easy to spread but hard to control. It influences many decisions. These special characteristics complicate many standard economic theories.
The productivity paradox, also referred to as the Solow paradox, could refer either to the slowdown in productivity growth in the United States in the 1970s and 1980s despite rapid development in the field of information technology (IT) over the same period, or to the slowdown in productivity growth in the United States and Developed World from the 2000s to modern day 2020s; sometimes the newer slowdown is referred to as the productivity slowdown, the productivity puzzle, or the productivity paradox 2.0. The 1970s to 1980s productivity paradox inspired many research efforts at explaining the slowdown, only for the paradox to disappear with renewed productivity growth in the Developed World in the 1990s. However, issues raised by those research efforts remain important in the study of productivity growth in general, and became important again when productivity growth slowed around the world again from the 2000s to the present day.
Erik Brynjolfsson is an American academic, author and inventor. He is the Jerry Yang and Akiko Yamazaki Professor and a Senior Fellow at Stanford University where he directs the Digital Economy Lab at the Stanford Institute for Human-Centered AI, with appointments at SIEPR, the Stanford Department of Economics and the Stanford Graduate School of Business. He is also a Research Associate at the National Bureau of Economic Research and a best-selling author of several books. He is known for his contributions to the world of IT productivity research and work on the economics of information and the digital economy more generally.
José Manuel Nunes Salvador (José) Tribolet is a Portuguese engineer, and Professor of Information Systems at the Instituto Superior Técnico - University of Lisbon, Portugal, who became known for his work on speech coding in the late 1970s.
Thomas W. Malone is an American organizational theorist, management consultant, and the Patrick J. McGovern Professor of Management at the MIT Sloan School of Management.
Stuart E. Madnick is an American computer scientist, and professor of information technology at the MIT Sloan School of Management and the Massachusetts Institute of Technology school of engineering. He is the director of Cybersecurity at MIT Sloan (CAMS), formerly called the MIT Interdisciplinary Consortium for Improving Critical Infrastructure Cybersecurity ( ³).
The 'MIT Center for Digital Business' is an industry-funded research center headquartered at the MIT Sloan School of Management.
Amar Gupta is a computer scientist, originally from Gujarat, India and now based in the United States. Gupta has worked in academics, private companies, and international organizations in positions that involved analysis and leveraging of opportunities at the intersection of technology and business, as well as the design, development, and implementation of prototype systems that led to widespread adoption of new techniques and technologies. He has surmounted several strategic, business, technical, economic, legal, and public policy barriers related to several innovative products and services.
Marshall W. Van Alstyne is a professor at Boston University and research associate at the MIT Initiative on the Digital Economy. His work focuses on the economics of information. Van Alstyne earned a B.A. in computer science from Yale University, and an M.S. and Ph.D. in information systems from the MIT Sloan School of Management. From 1997 to 2004 he was an assistant professor at the University of Michigan.
AlphaIC is a method for assessing the value of information technology (IT) investments that surpasses banal ROI analyses and looks at how IT affects an organization's intellectual capital.
Yu Jeffrey Hu is a professor at Georgia Institute of Technology’s Scheller College of Business. He is a Digital Fellow at MIT's Initiative on Digital Economy.
Michael D. Smith is an American academic who is the J. Erik Jonsson Professor of Information Technology and Marketing at the Heinz College of Carnegie Mellon University with joint-appointment at the Tepper School of Business.
George Schussel is an American businessman and entrepreneur. In 1942, Schussel's father brought the family out of German-occupied territory into Spain, and subsequently into the United States. Educated at UCLA on the west coast and at Harvard on the east coast, Schussel became best known as the founder and chairman of Digital Consulting Institute (DCI). By 1998 DCI had become one of the most significant American conference and expo companies in the field of technology. Schussel's expertise on database, computing architectures, the internet and information management issues also inspired him to travel to many countries presenting lectures that gave his views on the latest computer technologies and probable directions for the future of computer technology. As of 2004, Schussel had given over 1,000 seminars for other technology professionals in countries such as France, UK, Belgium, Venezuela, Canada, Mexico, South Africa, Japan, and Australia.
Xiaoquan (Michael) Zhang is Associate Dean of Innovation and Impact and Professor of Decision Sciences and Managerial Economics at the Business School, Chinese University of Hong Kong (CUHK). He serves as a Senior Editor at Information Systems Research and an Associate Editor at Management Science, two of the most prestigious management journals.
Geoffrey G Parker is a scholar whose work focuses on distributed innovation, energy markets, and the economics of information. He co-developed the theory of two-sided markets with Marshall Van Alstyne.
Andrew Paul McAfee, a principal research scientist at MIT, is cofounder and codirector of the MIT Initiative on the Digital Economy at the MIT Sloan School of Management. He studies how digital technologies are changing the world.
