Economics paper on Free online markets
“Priced and Unpriced Online Markets” by Harvard Business School professor Benjamin Edelman. Discusses tradeoffs in market such as email, IP addresses, search and dial-up Internet. “Reminiscent of the old adage about losing money on every unit but making it up in volume, online markets challenge norms about who should pay, when, and why.” I found this typically academic: dated, dry and pretty unilluminating. But it got published in The Journal of Economic Perspectives.
