Some Estimates of the Contribution of Information Technology to Consumer Welfare (Classic Reprint) - Softcover

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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