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Some Estimates of the Contribution of Information Technology to Consumer Welfare

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Excerpt from Some Estimates of the Contribution of Information Technology to Consumer Welfare

The next section discusses the various approaches to estimating IT value with particular attention to the theory of consumer surplus which will be applied. Section three describes the features and limitations of data and the econometric methods used. The results are presented in section 4, including some sensitivity estimates. In section 5, we conclude with a summary and discussion of future directions for the work.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

37 pages, Paperback

First published August 5, 2015

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About the author

Erik Brynjolfsson

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6,935 reviews24 followers
March 26, 2020
Virtual bean counting. Something vaguely defined, put into the future, and here's the numbers some bureaucrat has seen when he hit his head hard enough to see the burning bush of the government.
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