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PhD Reading List for Economics of Digitization

Overview and Facts about the Economy

Brynjolfsson, Erik and Andrew McAfee. 2011. “Race Against the Machine: How the Digital Revolution is Accelerating Innovation, Driving Productivity and Irreversibly Transforming

Employment and the Economy." Digital Frontier Press.

Brynjolfsson, Erik and Adam Saunders. 2009. “Wired for Innovation: How Information Technology is Reshaping the Economy." MIT Press.

Ellison, Glenn and Sara Fisher Ellison. “Lessons from the Internet." Journal of Economic Perspectives, 19(2): 139-158.

Hall, Robert Ernest. 2002. "Digital Dealing: How e-Markets are Transforming the Economy." Norton.

Levin, Jon. 2012. "Internet Markets."

Varian, Hal. 2010. "Computer Mediated Transactions." AER: Papers & Proceedings.

Data Sources:

Greenstein, Shane. 2012. “The absence of data for measuring the economic impact of IT in the US," in Gary Madden, Gerry Faulhaber, and Jeffery Petchey (eds.), Regulation and Performance of Communications and Information Networks, Edward Elgar Press; Cheltenham, UK, 328-344.

Shiller, Ben. 2012. "Internet and the Economy." A list of data sources maintained on the NBER data archive.

Digitization data hackWired for Innovation: How Information Technology is Reshaping the Economy pad (please contribute). This is a comprehensive list of data about the economics of digitization.

Basics of Information Economics

Arrow, Kenneth. 1974. "The Limits of Organization." Norton.

Gans, Joshua and Scott Stern. 2010. “Is there a Market for Ideas?" Industrial and Corporate Change.

Machlup, Fritz. 1962. "The Production and Distribution of Knowledge in the United States." Princeton University Press.

Peitz, Martin and Joel Waldfogel. 2012. "Handbook of Digital Economics", Oxford University Press; New York, NY.

Shapiro, Carol and Hal R. Varian. 1999. "Information Rules: A Strategic Guide to the Network Economy." Harvard Business School Press.

Stiglitz, Joseph. 2000. “The Contributions of the Economics of Information to Twentieth Century Economics." Quarterly Journal of Economics, 115(4): 1441-78.

Varian, Hal. 2001. "High-Technology Industries and Market Structure." prepared for the Federal Reserve Bank of St. Louis, Jackson Hole Symposium, August 2001.

Varian, Hal, Joe Farrell, and Carl Shapiro. 2004. "The Economics of Information Technology." Cambridge University Press.

Pricing and Bundling

Background on Price Discrimination and Bundling

Board, Simon and Andy Skrzypacz. 2010. “Revenue Management with Forward Looking Buyers." Stanford University, Working Paper.

Deneckere, Raymond and Preston McAfee. 1996. “Damaged Goods." Journal of Economics and Management Strategy, Vol. 5, 149-174.

Ellison, Glenn. 2005. “A Model of Add-on Pricing." Quarterly Journal of Economics, 120: 585-637.

Ellison, Glenn. 2006. “Bounded Rationality in Industrial Organization," in Richard Blundell, Whitney Newey, and Torsten Persson (eds.) Advances in Economics and Econometrics: Theory and Applications, Ninth World Congress, Cambridge University Press, Cambridge, 2006.

Gabaix, Xavier and David Laibson. 2006. "Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets." Quarterly Journal of Economics, 121(2): 505-540.

Nalebuff, B. R. 2003. “Bundling & Barriers to Entry." Yale Economics, Working Paper.

Varian, Hal. 1996. "Differential Pricing and Efficiency." First Monday, Vol. 1, Number 2-5.

Pricing and Demand for Digital Goods

Bakos, Yannis and Erik Brynjolfsson. 2000. “Bundling and Competition on the Internet." Marketing Science, 19(1): 63-82.

Bakos, Yannis and Erik Brynjolfsson. 2000. “Aggregation and Disaggregation of Information Goods: Implications for Bundling, Site Licensing and Micropayment Systems," in Internet Publishing and Beyond: The Economics of Digital Information and Intellectual Property. Edited by Hal Varian, and Brian Kahin. Cambridge, MA: MIT Press, ISBN: 9780262611596.

Bakos, Yannis and Erik Brynjolfsson. 1999. “Bundling Information Goods: Pricing, Profits and Efficiency." Management Science, 45(12): 1613-1630.

Benkler,Yochai, “Voluntary Payment Models." Harvard Business School.

Bresnahan, Timothy F., Pai-Ling Yin, and Tim Landvoigt. 2011. "Information Acquisition and Consumer Choice."

Bresnahan, Timothy F. and Pai-Ling Yin. 2006. “Economic and Technical Drivers of Technology Choice: Browsers," Annales d'Economie et de Statistique, November, 2006, Special Issue from the Zvi Griliches Memorial Conference, Jacques Mairesse and Manuel Trajtenberg, editors. Pdf

Bresnahan, Timothy, Scott Stern, and Manuel Trajtenberg. 1997. “Market Segmentation and the Sources of Rents from Innovation: Personal Computers in the Late 1980's." RAND Journal of Economics, Vol.28-0, 17-44.