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There are clear benefits associated with a particular consumer choice for many current markets. For example, as we consider here, some products might carry environmental or `green' benefits. Some consumers might value these benefits while…
This position paper argues that there is an urgent need to restructure markets for the information that goes into AI systems. Specifically, producers of information goods (such as journalists, researchers, and creative professionals) need…
The creation of open archives i.e. archives where access is regulated by open licensing models (content, source, data), should be seen as part of a broader socio-economic phenomenon that finds legal expression in specific organizational and…
This paper studies the switching of trading strategies and its effect on the market volatility in a continuous double auction market. We describe the behavior when some uninformed agents, who we call switchers, decide whether or not to pay…
A monopolist faces a partially uninformed population of consumers, interconnected through a directed social network. In the network, the monopolist offers rewards to informed consumers (influencers) conditional on informing uninformed…
As popular demand for digital information increases, public libraries are increasingly turning to commercial digital content distribution services to save curation time and costs. These services let libraries subscribe to pre-configured…
The private sector is playing an increasingly important role in basic Artificial Intelligence (AI) R&D. This phenomenon, which is reflected in the perception of a brain drain of researchers from academia to industry, is raising concerns…
Firms strategically disclose product information in order to attract consumers, but recipients often find it costly to process all of it, especially when products have complex features. We study a model of competitive information disclosure…
Most refereed journal articles today are published in subscription journals, accessible only to subscribing institutions, hence losing considerable research impact. Making articles freely accessible online ("Open Access," OA) maximizes…
The machine learning publication process is broken, of that there can be no doubt. Many of these flaws are attributed to the current workflow: LaTeX to PDF to reviewers to camera ready PDF. This has understandably resulted in the desire for…
In this article we revisit the classic problem of tatonnement in price formation from a microstructure point of view, reviewing a recent body of theoretical and empirical work explaining how fluctuations in supply and demand are slowly…
Artificial Intelligence (AI) is poised to enable a new leap in the creation of scholarly content. New forms of engagement with AI systems, such as collaborations with large language models like GPT-3, offer affordances that will change the…
In many markets, like electricity or cloud computing markets, providers incur large costs for keeping sufficient capacity in reserve to accommodate demand fluctuations of a mostly fixed user base. These costs are significantly affected by…
Academic and scientific publishing practices have changed significantly in recent years. This paper presents an analysis of 17 million research papers published since 2000 to explore changes in authorship and content practices. It shows a…
This article is a critique of: "The 'Green' and 'Gold' Roads to Open Access: The Case for Mixing and Matching" by Jean-Claude Guedon (in Serials Review 30(4) 2004). Open Access (OA) means: free online access to all peer-reviewed journal…
Open Access to particle physics literature does not sound particularly new or exciting, since particle physicists have been reading preprints for decades, and arXiv.org for 15 years. However new movements in Europe are attempting to make…
We study the problem of fairly allocating indivisible goods to agents in an online setting, where goods arrive sequentially and must be allocated irrevocably. Focusing on the popular fairness notions of envy-freeness, proportionality, and…
We introduce and study online conversion with switching costs, a family of online problems that capture emerging problems at the intersection of energy and sustainability. In this problem, an online player attempts to purchase…
There has been a generalization in the use of two publication practices by scientific journals during the past decade: 1. 'article in press' or early view, which allows access to the accepted paper before its formal publication in an issue;…
Top-tier academic conferences are failing under the strain of two irreconcilable roles: (1) rapid dissemination of all sound research and (2) scarce credentialing for prestige and career advancement. This conflict has created a reviewer…