Substitutability - Publications - Faculty & Research

16 Apr 2007
Research & Ideas

Delivering the Digital Goods: iTunes vs. Peer-to-Peer

companies have attempted to renegotiate with Apple to set higher prices for new, more popular content. Our analysis suggests that this may be a bad idea because it is precisely for popular content that p2p is a better substitute for... View Details

Keywords: by Sean Silverthorne; Music

16 Mar 2003
Research & Ideas

At the Center of Corporate Scandal Where Do We Go From Here?

markets have become more pervasive, firms have used them badly. Two, we have seen leaders substitute market-based incentives for judgment and for standards where they shouldn't. Three, we have seen governance institutions compromising... View Details

Keywords: by Kim B. Clark

24 Oct 2017
Research & Ideas

Tax Reform is on the Front Burner Again. Here’s Why You Should Care

used in combination or in substitute for some kind of a consumption tax but has a variety of benefits that we should certainly explore in addition to raising revenue and has all the other benefits you'd associate with the externalities... View Details

Keywords: by Sean Silverthorne

12 Sep 2006
First Look

First Look: September 12, 2006

transactions—through which information is transmitted. We argue that this network serves as a governance mechanism that substitutes for other forms of control in inter-firm transactions. To test our hypothesis, we examine how equity... View Details

Keywords: Sean Silverthorne

04 Dec 2012
First Look

First Look: December 4

agents, imitation or substitution by third parties, and the withdrawal of IP by agents or third-party owners. For each threat, we consider the impact of modularity in the presence or absence of an effective legal system. The models permit... View Details

Keywords: Carmen Nobel

18 Sep 2018
First Look

New Research and Ideas, September 18, 2018

data, is computationally light and allows for flexible substitution patterns. We apply the model to a data set containing browsing and purchase information from a retailer stocking over 500 products, recover the elasticity matrix, and... View Details

Keywords: Dina Gerdeman

03 Mar 2009
First Look

First Look: March 3, 2009

Strategic Interactions in Two-Sided Market Oligopolies (revised) Authors:Emmanuel Farhi and Andrei Hagiu Abstract Strategic interactions between two-sided platforms depend not only on whether their decision variables are strategic complements or View Details

Keywords: Martha Lagace

01 Apr 1996
News

Stewards of the Seventh Generation

company's aerosol products - three years before the U.S. government banned CFC propellants from aerosols. "That was a classic example of making a 'green' decision and creating a win-win situation. When we substituted the naturally... View Details

Keywords: Marguerite Rigoglioso, Garry Emmons, Linda Goodspeed, and Elaine Gottlieb

15 Jan 2013
First Look

First Look: January 15

led to widespread VAT adoption worldwide, but there is surprisingly little evidence. I find that the paper trail acts as a substitute to a firm's own audit risk. A message announcing increased tax enforcement has a much smaller effect on... View Details