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Experts Convene to Share the Latest Research in Network Economics at 2012 NET Institute Conference

Executive Director of the NET Institute Nicholas Economides at the 2012 NET Inst
Scholars from across the country and around the world gathered to share the latest research in the field of network economics at the 2012 Networks, Electronic Commerce and Telecommunications (NET) Institute conference, held in partnership with NYU Stern’s Center for Global Economy and Business.

As a global focal point of research in network industries, e-commerce, telecommunications, the Internet and virtual networks, the NET Institute has awarded approximately $200K in grants per year for the past nine years to support promising young researchers who are advancing the field.

Led by Executive Director of the NET Institute Nicholas Economides, professor of economics at NYU Stern, the conference addressed topics including pricing and value in network markets; platforms and exclusive contracts; and advertising, search and matching. Scholars from top institutions, including Georgia Tech, Harvard Business School, Stanford University, Toulouse School of Economics, University of Cambridge and the University of Chicago, presented and discussed their research.

Edward Felten, professor at Princeton University and chief technologist for the

Morning keynote speaker Edward Felten, professor at Princeton University and chief technologist for the Federal Trade Commission, delivered remarks on privacy and security of the Internet, underscoring several concerns:
  • Asymmetric information – companies have a better understanding than consumers of the value of consumer information, how it can be used and the possible implications
  • Lack of vocabulary – “anonymous,” for example, is not precise
Rick Whitt, of Google, shared a “Public Policy Framework for the Internet Era" a

Afternoon keynote speaker Rick Whitt, of Google, shared a “Public Policy Framework for the Internet Era.” He outlined several challenges facing policy makers today, including outdated tools and the lack of a useful roadmap. He emphasized that regulators need to practice restraint, avoiding actions that would hamper the functional elements of the Internet.

Find out more on the NET Institute website and on Facebook

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