2,964 research outputs found
Did Computer Technology Diffuse Quickly?: Best and Average Practice in Mainframe Computers, 1968-1983
An economy benefits from advances in technical frontiers only when new technology comes into general use. This paper measures the diffusion of computing equipment at a time when computing technology underwent dramatic technical improvement. These data shed light on the long lag between advances in computing technology and advances in economic performance of users. There is little evidence that long lags were produced by the 'slow diffusion' of new technology embodied in new hardware. 'Average practice' in computing advanced as rapidly as 'best practice,' lagging it by a maximum of 6 to 7 years.
Estimating the Welfare Effects of Digital Infrastructure
While much economic policy presumes that more information infrastructure yields higher economic returns, little empirical work measures the magnitudes of these returns. We examine investment by local exchange telephone companies in fiber optic cable, ISDN lines and signal seven software, infrastructure which plays an essential role in bringing digital technology to local telephone networks. We estimate the elasticity of the derived demand for infrastructure investment faced by local exchange companies, controlling for factors such as local economic activity and the political disposition of state regulators. Our model postulates a regulated profit maximizing local exchange firm and a regulatory agency with predetermined political leanings in favor of consumer prices or firm profits. The model accounts for variation in state regulation and local economic conditions. In all our estimates we find that consumer demand is sensitive to investment in modern infrastructure, particularly as represented by fiber optic cable. Our estimates imply that infrastructure investment is responsible for a substantial fraction of the recent growth in consumer surplus and business revenue in local telecommunication services.
Centaur AC-8 Postflight Guidance Analysis
Centaur AC-8 postflight guidance and control analysi
Did installed base give an incumbent (measureable) advantages in federal computer procurement / 1718
Includes bibliographical references
Net neutrality: a fast lane to understanding the trade-offs
The “net neutrality” principle has triggered a heated debate and advocates have proposed policy interventions. In this paper, we provide perspective by framing issues in terms of the positive economic factors at work. We stress the incentives of market participants, and highlight the economic conflicts behind the arguments put forward by the different parties. We also identify several key open questions
Indistinguishability and Interference in the Coherent Control of Atomic and Molecular Processes
The subtle and fundamental issue of indistinguishability and interference
between independent pathways to the same target state is examined in the
context of coherent control of atomic and molecular processes, with emphasis
placed on possible "which-way" information due to quantum entanglement
established in the quantum dynamics. Because quantum interference between
independent pathways to the same target state occurs only when the independent
pathways are indistinguishable, it is first shown that creating useful
coherence (as defined in the paper) between nondegenerate states of a molecule
for subsequent quantum interference manipulation cannot be achieved by
collisions between atoms or molecules that are prepared in momentum and energy
eigenstates. Coherence can, however, be transferred from light fields to atoms
or molecules. Using a particular coherent control scenario, it is shown that
this coherence transfer and the subsequent coherent phase control can be
readily realized by the most classical states of light, i.e., coherent states
of light. It is further demonstrated that quantum states of light may suppress
the extent of phase-sensitive coherent control by leaking out some which-way
information while "incoherent interference control" scenarios proposed in the
literature have automatically ensured the indistinguishability of multiple
excitation pathways. The possibility of quantum coherence in photodissociation
product states is also understood in terms of the disentanglement between
photodissociation fragments. Results offer deeper insights into quantum
coherence generation in atomic and molecular processes.Comment: 26 pages, based on one Chapter from first author's Ph.D thesis in
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Dynamic Modeling of the Product Life Cycle in the Commercial Mainframe Computer Market, 1968-1982
This research investigates product life cycles in the commercial mainframe computer market. We show that empirical studies conducted at the product level are useful for investigating processes underlying product life cycles. We use hazard models with time-varying covariates to estimate the probability of product exit and Poisson models to estimate the probability of introduction. We measure the importance of different aspects of market structure, such as the degree of competitiveness, cannibalization, vintage, product niche and firm effects. We find some evidence of a relationship between the determinants of product exit and product entry.
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