Some Estimates of the Contribution of Information Technology to Consumer Welfare (Classic Reprint) by Erik Brynjolfsson

by Erik Brynjolfsson

Excerpt from Some Estimates of the Contribution of Information Technology to Consumer Welfare Tim Bresnahan, Vijay Gurbaxani, Lorin Hitt, Tom Malone, Michael Piore and participants at the MIT Information Technology Seminar, the MIT Industrial Performance Seminar, the National Bureau of Economic Research (NBER) Workshop on Productivity and the Workshop on Information Systems and Economics (WISE) contributed valuable comments on this research. David Cartwright and Allan Young at the Bureau of Economic Analysis were helpful in providing essential data and advice. Funding by the Center for Coordination Science, the International Financial Services Research Center and the Industrial Performance Center at MIT is gratefully acknowledged. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com 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.

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First published August 5, 2015

Reviews

[Ietrio · Rating 1 out of 5]

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.