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The infrastructure of the Internet is evolving from that of a public network to interconnected private networks that are selective in terms and conditions for connectivity to others. The connectivity, reach, and bandwidth of the Internet in the next century will depend on its infrastructure, which in turn depends on the economics and forms of the(More)
Several information goods, such as movie distribution rights or newspapers, are sold either at spot prices, or through forward subscription buying. Our paper considers a firm that offers an information good through spot buying, or through forward buying at a reduced price, or a combination of the two. We propose a consumer decision-making model that(More)
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