Antitrust Divestiture in Network Industries Howarda
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Eliciting Informative Feedback: the Peer$Prediction Method
Eliciting Informative Feedback: The Peer-Prediction Method Nolan Miller, Paul Resnick, and Richard Zeckhauser January 26, 2005y Abstract Many recommendation and decision processes depend on eliciting evaluations of opportu- nities, products, and vendors. A scoring system is devised that induces honest reporting of feedback. Each rater merely reports a signal, and the system applies proper scoring rules to the implied posterior beliefs about another rater’s report. Honest reporting proves to be a Nash Equilibrium. The scoring schemes can be scaled to induce appropriate e¤ort by raters and can be extended to handle sequential interaction and continuous signals. We also address a number of practical implementation issues that arise in settings such as academic reviewing and on-line recommender and reputation systems. 1 Introduction Decision makers frequently draw on the experiences of multiple other individuals when making decisions. The process of eliciting others’information is sometimes informal, as when an executive consults underlings about a new business opportunity. In other contexts, the process is institution- alized, as when journal editors secure independent reviews of papers, or an admissions committee has multiple faculty readers for each …le. The internet has greatly enhanced the role of institu- tionalized feedback methods, since it can gather and disseminate information from vast numbers of individuals at minimal cost. To name just a few examples, eBay invites buyers and sellers to rate Miller and Zeckhauser, Kennedy School of Government, Harvard University; Resnick, School of Information, University of Michigan. yWe thank Alberto Abadie, Chris Avery, Miriam Avins, Chris Dellarocas, Je¤ Ely, John Pratt, Bill Sandholm, Lones Smith, Ennio Stachetti, Steve Tadelis, Hal Varian, two referees and two editors for helpful comments. -
IDC Marketscape IDC Marketscape: Worldwide Mobile Threat Management Software 2018–2019 Vendor Assessment
IDC MarketScape IDC MarketScape: Worldwide Mobile Threat Management Software 2018–2019 Vendor Assessment Phil Hochmuth IDC MARKETSCAPE FIGURE FIGURE 1 IDC MarketScape Worldwide Mobile Threat Management Software Vendor Assessment Source: IDC, 2018 Please see the Appendix for detailed methodology, market definition, and scoring criteria. December 2018, IDC #US44521018 IDC OPINION As mobile security and governance frameworks mature, mobile threat management (MTM) software tools are filling a major security gap many enterprises are discovering across one of their most pervasive technology deployments: smartphones and tablets used by employees. Many organizations see enterprise mobility management (EMM; technology which manages, configures, and monitors mobiles) as the beginning and end of their mobile endpoint security strategy. While many EMM platforms support security functions (compliance checking, VPN connectivity, data security/encryption, and device certificate management, etc.), most EMMs do not actively scan for mobile-related threats on devices. This is where MTM technology comes in, with its ability to address actively misbehaving or malicious apps, as well as OS and network-based attacks on devices. Driving many MTM early adoptions, and among more mature deployments, is the desire to deploy another layer of security to mobile end-user computing in addition to EMM. Among the more than two- dozen MTM customer interviews conducted for this document, 100% of these enterprises deployed their respective MTM products with an EMM platform; nearly all said that meeting existing or potential future compliance requirements was among the top 3 drivers behind their adoption of the technology. These requirements are driving much of the direction of the market from an MTM feature set and overall go-to-market strategy for MTM vendors. -
Annual Report 2018
2018Annual Report Annual Report July 1, 2017–June 30, 2018 Council on Foreign Relations 58 East 68th Street, New York, NY 10065 tel 212.434.9400 1777 F Street, NW, Washington, DC 20006 tel 202.509.8400 www.cfr.org [email protected] OFFICERS DIRECTORS David M. Rubenstein Term Expiring 2019 Term Expiring 2022 Chairman David G. Bradley Sylvia Mathews Burwell Blair Effron Blair Effron Ash Carter Vice Chairman Susan Hockfield James P. Gorman Jami Miscik Donna J. Hrinak Laurene Powell Jobs Vice Chairman James G. Stavridis David M. Rubenstein Richard N. Haass Vin Weber Margaret G. Warner President Daniel H. Yergin Fareed Zakaria Keith Olson Term Expiring 2020 Term Expiring 2023 Executive Vice President, John P. Abizaid Kenneth I. Chenault Chief Financial Officer, and Treasurer Mary McInnis Boies Laurence D. Fink James M. Lindsay Timothy F. Geithner Stephen C. Freidheim Senior Vice President, Director of Studies, Stephen J. Hadley Margaret (Peggy) Hamburg and Maurice R. Greenberg Chair James Manyika Charles Phillips Jami Miscik Cecilia Elena Rouse Nancy D. Bodurtha Richard L. Plepler Frances Fragos Townsend Vice President, Meetings and Membership Term Expiring 2021 Irina A. Faskianos Vice President, National Program Tony Coles Richard N. Haass, ex officio and Outreach David M. Cote Steven A. Denning Suzanne E. Helm William H. McRaven Vice President, Philanthropy and Janet A. Napolitano Corporate Relations Eduardo J. Padrón Jan Mowder Hughes John Paulson Vice President, Human Resources and Administration Caroline Netchvolodoff OFFICERS AND DIRECTORS, Vice President, Education EMERITUS & HONORARY Shannon K. O’Neil Madeleine K. Albright Maurice R. Greenberg Vice President and Deputy Director of Studies Director Emerita Honorary Vice Chairman Lisa Shields Martin S. -
Impact of Bundling of Telecommunications Services on Consumers, Industry and Competition
UNIVERSITY OF CANBERRA Impact of Bundling of Telecommunications Services on Consumers, Industry and Competition Franco Papandrea, Natalie Stoeckl and Anne Daly Communication and Media Policy Institute University of Canberra Working Paper March 2001 Impact of Bundling of Telecommunications Services on Consumers, Industry and Competition Franco Papandrea, Natalie Stoeckl and Anne Daly Working Paper March 2001 Communication and Media Policy Institute University of Canberra The Authors Franco Papandrea is Associate Professor of Communication and Director of the Communication and Media Policy Institute at the University of Canberra. Anne Daly is Senior Lecturer in Economics in the Division of Management and Technology at the University of Canberra and a Member of the Communication and Media Policy Institute. Natalie Stoeckl is a Member of the Communication and Media Policy Institute. During the course of this study she was also a Lecturer in Economics in the Division of Management and Technology at the University of Canberra. Contact Details: Associate Professor Franco Papandrea Director, Communication and Media Policy Institute Division of Communication and Education University of Canberra ACT 2601 (Australia) Tel: +61 (0)2 6201 5083; Fax: +61 (0)2 6201 2630 e-mail: [email protected] Acknowledgments The University of Canberra’s telecommunications research project Impact of Bundling of Telecommunications Services on Consumers Industry and Competition was supported by the Commonwealth through the ‘Grants to Fund Telecommunications Consumer representation and Research’ program of the Department of Communications, Information Technology and the Arts’. The authors are grateful to David Luck, Flavio Menezes and John Asman for comments and useful suggestions on an earlier draft of this Paper. -
The Information Revolution Reaches Pharmaceuticals: Balancing Innovation Incentives, Cost, and Access in the Post-Genomics Era
RAI.DOC 4/13/2001 3:27 PM THE INFORMATION REVOLUTION REACHES PHARMACEUTICALS: BALANCING INNOVATION INCENTIVES, COST, AND ACCESS IN THE POST-GENOMICS ERA Arti K. Rai* Recent development in genomics—the science that lies at the in- tersection of information technology and biotechnology—have ush- ered in a new era of pharmaceutical innovation. Professor Rai ad- vances a theory of pharmaceutical development and allocation that takes account of these recent developments from the perspective of both patent law and health law—that is, from both the production side and the consumption side. She argues that genomics has the po- tential to make reforms that increase access to prescription drugs not only more necessary as a matter of equity but also more feasible as a matter of innovation policy. On the production end, so long as patent rights in upstream genomics research do not create transaction cost bottlenecks, genomics should, in the not-too-distant future, yield some reduction in drug research and development costs. If these cost re- ductions are realized, it may be possible to scale back certain features of the pharmaceutical patent regime that cause patent protection for pharmaceuticals to be significantly stronger than patent protection for other innovation. On the consumption side, genomics should make drug therapy even more important in treating illness. This reality, coupled with empirical data revealing that cost and access problems are particularly severe for those individuals who are not able to secure favorable price discrimination through insurance, militates in favor of government subsidies for such insurance. As contrasted with patent buyouts, the approach favored by many patent scholars, subsidies * Associate Professor of Law, University of San Diego Law School; Visiting Associate Profes- sor, Washington University, St. -
Participants List
Workshop on methods to address uncertainty in forecasting future values of key social, economic and resource variables Revelle Conference Room, 2nd floor, AAAS Building 1200 New York Avenue, NW Washington, DC 20005 March 18-19, 2013 PARTICIPANTS Inês Azevedo Francisco de la Chesnaye Executive Director, Center for Climate and Senior Economist Energy Decision Making Electric Power Research Institute Assistant Research Professor 2000 L Street, NW – Suite 805 Department of Engineering and Public Policy Washington, DC 20036 Carnegie Mellon University 202-293-6347 5000 Forbes Avenue [email protected] Pittsburgh, PA 15213 412-268-3754 Hadi Dowlatabadi [email protected] Canada Research Chair Professor of Applied Mathematics and Global Sam Baldwin Change Chief Science Officer IRES and Liu Institute for Global Issues Office of Energy Efficiency and Renewable University of British Columbia Energy 2202 Main Mall Department of Energy Vancouver, BC, V6T 1Z4, CANADA 1000 Independence Avenue, SW 778-863-0103 Washington, DC 20585 [email protected] 202-586-0927 [email protected] Cheryl Eavey Program Director Paul Craig National Science Foundation Professor Emeritus 4201 Wilson Blvd. Department of Applied Science Arlington, VA 22203 University of California, Davis 703-292-7269 623 Lafayette Street [email protected] Martinez, CA 94553 925-370-9729 James Edmonds [email protected] Battelle Fellow and Chief Scientist Joint Global Change Research Institute Alexander Davis Pacific Northwest National Laboratory Post-doctoral Researcher 5825 University Research -
The Dynamic Effects of Bundling As a Product Strategy
The Dynamic Effects of Bundling as a Product Strategy The Harvard community has made this article openly available. Please share how this access benefits you. Your story matters Citation Derdenger, Timothy, and Vineet Kumar. "The Dynamic Effects of Bundling as a Product Strategy." Marketing Science (forthcoming). Citable link http://nrs.harvard.edu/urn-3:HUL.InstRepos:11148069 Terms of Use This article was downloaded from Harvard University’s DASH repository, and is made available under the terms and conditions applicable to Open Access Policy Articles, as set forth at http:// nrs.harvard.edu/urn-3:HUL.InstRepos:dash.current.terms-of- use#OAP The Dynamic Effects of Bundling as a Product Strategy Timothy Derdenger & Vineet Kumar⇤ Abstract Several key questions in bundling have not been empirically examined: Is mixed bundling more effective than pure bundling or pure components? Does correlation in consumer valuations make bundling more or less effective? Does bundling serve as a complement or substitute to network effects? To address these questions, we develop a consumer-choice model from micro-foundations to capture the essentials of our setting, the hand- held video game market. We provide a framework to understand the dynamic, long-term impacts of bundling on demand. The primary explanation for the profitability of bundling relies on homogenization of consumer valuations for the bundle, allowing the firm to extract more surplus. We find bundling can be effective through anovelandpreviouslyunexaminedmechanismofdynamic consumer segmentation,whichoperatesindependent of the homogenization effect, and can in fact be stronger when the homogenization effect is weaker. We also find that bundles are treated as separate products (distinct from component products) by consumers. -
Ei-Report-2013.Pdf
Economic Impact United States 2013 Stavroulla Kokkinis, Athina Kohilas, Stella Koukides, Andrea Ploutis, Co-owners The Lucky Knot Alexandria,1 Virginia The web is working for American businesses. And Google is helping. Google’s mission is to organize the world’s information and make it universally accessible and useful. Making it easy for businesses to find potential customers and for those customers to find what they’re looking for is an important part of that mission. Our tools help to connect business owners and customers, whether they’re around the corner or across the world from each other. Through our search and advertising programs, businesses find customers, publishers earn money from their online content and non-profits get donations and volunteers. These tools are how we make money, and they’re how millions of businesses do, too. This report details Google’s economic impact in the U.S., including state-by-state numbers of advertisers, publishers, and non-profits who use Google every day. It also includes stories of the real business owners behind those numbers. They are examples of businesses across the country that are using the web, and Google, to succeed online. Google was a small business when our mission was created. We are proud to share the tools that led to our success with other businesses that want to grow and thrive in this digital age. Sincerely, Jim Lecinski Vice President, Customer Solutions 2 Economic Impact | United States 2013 Nationwide Report Randy Gayner, Founder & Owner Glacier Guides West Glacier, Montana The web is working for American The Internet is where business is done businesses. -
Proceedings of the Annual Meeting of the Association for Education in Journalism and Mass Communication (84Th, Washington, DC, August 5-8, 2001)
DOCUMENT RESUME ED 459 497 CS 510 715 TITLE Proceedings of the Annual Meeting of the Association for Education in Journalism and Mass Communication (84th, Washington, DC, August 5-8, 2001). Communication Technology and Policy Division. INSTITUTION Association for Education in Journalism and Mass Communication. PUB DATE 2001-08-00 NOTE 187p.; For other sections of the 2001 proceedings, see CS 510 704-724. PUB TYPE Collected Works Proceedings (021) EDRS PRICE MF01/PC08 Plus Postage. DESCRIPTORS Cognitive Processes; Content Analysis; Higher Education; Hypermedia; Internet; *Journalism Education; Legal Problems; *Mass Media Use; News Media; *Organizational Communication; Use Studies IDENTIFIERS Dialogic Communication; Electronic Commerce; Electronic Newspapers; Media Government Relationship ABSTRACT The Communication Technology and Policy section of the proceedings contains the following 6 selected papers: "Interactivity as a Cognitive Process" (Mark Tremayne and Sharon Dunwoody); "Breaking Up News--An Investment in the Future? Correlations among Hypertext Comfort, User Satisfaction and Perceived Credibility" (Stephanie Berger); "Cybernewsers, Deserters and Includers: An Analysis of Internet News Users and the Effect on Traditional News Media Use" (Mike Conway); "The Pros and Cons of Using a Media Web Site To Publish Subpoenaed Information" (Anthony L. Fargo); "Investigating Dialogic Communication: A Content Analysis of Top Chinese Corporate Web Pages" (Shu Peng); and "Predicting Online Shopping Behavior" (Michael G. Elasmar, Kumiko Aoki, and Kathryn Bennett). (RS) Reproductions supplied by EDRS are the best that can be made from the original document. Proceedings of the Annual Meeting of the Association for Education in Journalism and Mass Communication (84th, Washington, DC, August 5-8, 2001): Communications Technology and Policy Division. -
The Next Frontier for Innovation, Competition, and Productivity
McKinsey Global Institute June 2011 Big data: The next frontier for innovation, competition, and productivity The McKinsey Global Institute The McKinsey Global Institute (MGI), established in 1990, is McKinsey & Company’s business and economics research arm. MGI’s mission is to help leaders in the commercial, public, and social sectors develop a deeper understanding of the evolution of the global economy and to provide a fact base that contributes to decision making on critical management and policy issues. MGI research combines two disciplines: economics and management. Economists often have limited access to the practical problems facing senior managers, while senior managers often lack the time and incentive to look beyond their own industry to the larger issues of the global economy. By integrating these perspectives, MGI is able to gain insights into the microeconomic underpinnings of the long-term macroeconomic trends affecting business strategy and policy making. For nearly two decades, MGI has utilized this “micro-to-macro” approach in research covering more than 20 countries and 30 industry sectors. MGI’s current research agenda focuses on three broad areas: productivity, competitiveness, and growth; the evolution of global financial markets; and the economic impact of technology. Recent research has examined a program of reform to bolster growth and renewal in Europe and the United States through accelerated productivity growth; Africa’s economic potential; debt and deleveraging and the end of cheap capital; the impact of multinational companies on the US economy; technology-enabled business trends; urbanization in India and China; and the competitiveness of sectors and industrial policy. MGI is led by three McKinsey & Company directors: Richard Dobbs, James Manyika, and Charles Roxburgh. -
Big Data: New Tricks for Econometrics†
Journal of Economic Perspectives—Volume 28, Number 2—Spring 2014—Pages 3–28 Big Data: New Tricks for Econometrics† Hal R. Varian oomputersmputers aarere nnowow iinvolvednvolved iinn mmanyany eeconomicconomic ttransactionsransactions aandnd ccanan ccaptureapture ddataata aassociatedssociated wwithith tthesehese ttransactions,ransactions, whichwhich ccanan thenthen bbee manipulatedmanipulated C aandnd aanalyzed.nalyzed. CConventionalonventional sstatisticaltatistical aandnd econometriceconometric techniquestechniques suchsuch aass rregressionegression ooftenften wworkork well,well, bbutut ttherehere aarere iissuesssues uuniquenique ttoo bbigig datasetsdatasets thatthat maymay rrequireequire ddifferentifferent ttools.ools. FFirst,irst, tthehe ssheerheer ssizeize ooff tthehe ddataata iinvolvednvolved mmayay rrequireequire mmoreore ppowerfulowerful ddataata mmanipulationanipulation ttools.ools. SSecond,econd, wewe maymay hhaveave mmoreore ppotentialotential ppredictorsredictors tthanhan aappro-ppro- ppriateriate fforor eestimation,stimation, ssoo wwee needneed toto dodo somesome kindkind ofof variablevariable selection.selection. Third,Third, llargearge ddatasetsatasets mmayay aallowllow fforor mmoreore fl eexiblexible relationshipsrelationships tthanhan simplesimple linearlinear models.models. MMachineachine llearningearning ttechniquesechniques ssuchuch aass ddecisionecision ttrees,rees, ssupportupport vvectorector machines,machines, nneuraleural nnets,ets, ddeepeep llearning,earning, aandnd soso onon maymay allowallow forfor moremore effectiveeffective -
The Impact of Digitization on Information Goods Pricing Strategy
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by AIS Electronic Library (AISeL) Digitization on Information Goods Pricing The Impact of Digitization on Information Goods Pricing Strategy Full paper Shivendu Shivendu Ran Zhang University of South Florida University of California, Irvine [email protected] [email protected] Abstract The widespread adoption of the Internet and digital technologies has transformed the distribution and consumption of information goods. We develop a parsimonious model to study pricing strategies of a publisher who offers information good in dual medium (physical, digital) as well as in bundled medium. Consumers are heterogeneous in both valuation for content and preference for medium. We develop optimal pricing strategies and identify the interactive effect of different market characteristics on optimal pricing schemes. We show that offering digital medium only (single component) is optimal under some market conditions, while offering bundle of mediums and digital medium only (partial mixed bundling) is optimal under other market conditions. We find that offering information good in physical medium and in digital medium (pure component) is not optimal when the two mediums are partial substitutes. Moreover, offering only the bundle of mediums (pure bundling) is not optimal as long as physical medium has non-negligible marginal cost. Interestingly, it is always profit enhancing to offer digital medium, even if most consumers in the market prefer physical medium. Keywords Information goods pricing, digitization, dual medium access, bundling, heterogeneous preferences of mediums, partial substitutability of mediums Introduction The advent of the Internet and information technology has led to digitization of content industries and, in turn, has transformed the distribution and consumption of information goods.