Text Box: WISE 2006 December 9-10, Evanston, IL
Workshop on Information Systems and Economics

Donald P. Jacobs Center, 2001 Sheridan Road (intersection with Foster Street)

Kellogg School of Management, Northwestern University

Saturday, December 9th

7:45–8:45 a.m.               Breakfast and registration table open

8:45–9:00 a.m.               Welcome: Philipp Afeche, Erik Brynjolfsson, Shane Greenstein, Michael D. Smith, Bruce Weber – Workshop Co-chairs

Sessions are (A) Presentations - 20 minutes per paper, followed by (B) Discussion of 20-30 minutes at the end for all session papers.  http://ebusiness.mit.edu/wise2006/

9:00–10:30 a.m.                                   Parallel Sessions

1A: Security

Pei-yu Chen, Gaurav Kataria, Ramayya Krishnan

"An Economic Analysis of the Strategic Interaction among Computer Security Attackers"

Vineet Kumar, Rahul Telang, Tridas Mukhopadhyay

"Optimally securing interconnected information systems and assets"

Ashish Arora, Chris Forman, Anand Nandkumarl, Rahul Telang

"Competition and quality restoration: An empirical analysis of vendor response to software vulnerabilities"

Discussant:  Ramnath Chellappa

1B:  Value

Kim Huat Goh, Robert J. Kauffman           

"Measuring the Potential and Realized Value of IT"

Chris Forman, Avi Goldfarb, Shane Greenstein

"Understanding the Inputs into Innovation:  Do Cities Substitute for Internal Firm Resources?"

Pankaj Setia, Shawnee K. Vickery, V. Sambamurthy, Cornelia Droge

"Higher Order vs. Lower Order Complementarities: Assessment of their Relative Impact on Organizational Agility"

Discussant:  MS Krishnan or Ravi Bapna

10:30–11:00 a.m. Break

11:00–12:30 p.m.

2A:  Markets

David Easley, Terrence Hendershott, Tarun Ramadorai

"Evidence on the Impact of Information Technology at the NYSE"

Wenjing Duan, Bin Gu, Andrew B. Whinston

"Delivering Liquidity: An Analysis of the Impact of Dealers in Electronic Markets"

Bin Gu, Prabhudev Konana, Alex Liu, Balaji Rajagopalan, Joydeep Ghosh

"Identifying Information in Stock Message Boards and Its Implications for Stock Market Efficiency"

Discussant:  Bruce Weber

2B:  Reviews

Gordon Gao, Bin Gu, Mingfeng Lin

"The Dynamics Of Online Consumer Reviews"

Neveen Awad, Hila Etzion

"Stay Out of My Forum! Evaluating Firm Involvement in Online Ratings Communities"

Chrysanthos Dellarocas, Ritu Narayan

"What motivates consumers to review a product online? A study of the product-specific antecedents of online movie reviews"

Discussant:  Andy Whinston

Saturday, December 9th, (continued)

12:30–1:30 p.m. Lunch

1:30–3:00 p.m.

3A:  Networks

Xiaoquan (Michael) Zhang and Feng Zhu

"Intrinsic Motivation of Open Content Contributions: The Case of Wikipedia"

Arun Sundararajan

"Network Seeding"

Sinan Aral, Erik Brynjolfsson, Marshall Van Alstyne

"Network Structure & Information Advantage: Structural Determinants of Access to Novel Information"

Discussant:  Yannis Bakos

3B:  Piracy

Michael D. Smith, Rahul Telang

"Competing with Free: The Impact of Movie Broadcasts on DVD Sales and Internet Piracy"

Terrence August, Tunay I. Tunca

"Let the Pirates Patch? An Economic Analysis of Network Software Security Patch Restrictions"

Ramnath K. Chellappa, Yuanyuan Chen, V. Sriram

"An Empirical Examination of Global Software Piracy: Implications for Pricing and Public Policy"

Discussant:  Rajiv Dewan

3:00–3:30 p.m.   Break

3:30–4:30 p.m.

4A:  Pricing

Il-Horn Hann, Oliver Hinz, Martin Spann

"Dynamic Pricing in Name-Your-Own-Price Channels:  Bidding Behavior, Seller Profit and Price Acceptance"

Sanjog Misra, Edieal Pinker, Alan Rimm-Kaufman

"An Empirical Study of search engine advertising effectiveness"

Discussant:  Chuck Wood

4B:  Online Purchase Behavior

Neveen F. Awad, Joni L. Jones, Jian Zhang

"Does Search Matter? : Using Online Click Stream Data To Examine the Relationship between Online Search and Purchase Behavior"

Yannis Bakos, Florencia Marotta-Wurgler

"Do Online Sellers Hide Bad Terms? Evidence from Software License Agreements"

Discussant:  Vijay Gurbaxani


4:30–5:30 p.m. Plenary Panel

Publishing at disciplinary interfaces:

                Challenges of I.S. research using economic methodologies?

                Improving the publishing process for WISE participants?  As submitters?  As reviewers/AEs?

                Will e-publishing (SSRN, Berkeley e-Press) and new peer-review approaches change the landscape?   (Tunay Tunca, panel organizer

                Avi Seidmann (JMIS, Production and Operations Management), panel chair and moderator

                Barrie Nault (Management Science)

                Rob Kauffman (MISQ)

                Sanjeev Dewan (ISR)

                Shane Greenstein (Journal of Regulatory Economics, Information and Economic Policy)

5:45 p.m.           Depart for dinner

6:00 p.m.           Gala Dinner:

The Stained Glass, 1735 Benson Avenue, Evanston, IL 60201

Telephone (847) 864-8600

Keynote talk:  Robert Gordon
"Will Diminishing Returns in Technology Turn out the Lights on Future Productivity Growth?"

Vegetarian option, dressy-casual, 100% non-smoking environment, 100% handicap accessible

Sunday, December 10th

8:00–8:45 a.m.               Breakfast

9:00–10:30 a.m.

5A: Long Tail

Daniel Fleder, Kartik Hosanagar

"Blockbuster culture’s next rise or fall: The effect of recommender systems on sales diversity"

Eric K. Clemons, Gordon Gao, Lorin M. Hitt

"Consumer Informedness and Diverse Consumer Purchasing Behaviors: Traditional Mass Market, Trading Down, and Trading Out into the Long Tail"

Anindya Ghose, Bin Gu

"Search Costs, Demand Structure and Long Tail in Electronic Markets: Theory and Evidence"

Discussant:  Michael D. Smith

5B: Value

Fei Ren, Sanjeev Dewan

"Information Technology and Firm Boundaries: Impact on Risk-Return Profile"

Shutao Dong, Kevin Zhu

"The Business Value of CRM Systems: Productivity, Profitability, and Time Lag"

Michael G. Housman, Lorin M. Hitt

"The Effect of IT Capital on Hospital Efficiency"

Discussant:  Andrew McAfee

10:30–11:00 a.m.            Break

11:00–12 noon

6A:  Pricing

Vivian Zhong, D.J. Wu

"Supplier Learning in Repeated Online Procurement Auctions"

Adib Bagh, Hemant K. Bhargava

"Information Structures, Price Discrimination and Demand Uncertainty"

Discussant: Vidyanand Choudhary 

6B:  Software

Sandra Slaughter, Li Shang

"The Economic Value of Software Firms’ Strategies and Capabilities in the Internet Boom and Bust: An Empirical Study"

Mingxi Xin

"From Product- to Service-Oriented Strategies in the Enterprise Software Market"

Discussant:  Siva Viswanathan

12:00–1:30 p.m. Lunch and WISE Administration (WISE 2007 information & election for WISE 2008)

1:30–2:30 p.m.

7A:  Auctions

De Liu, Jianqing Chen, Andrew B. Whinston

"Keyword Auctions as Weighted Unit-Price Auctions"

Abhishek Bapna, Thomas A. Weber

"Efficient Allocation of Online Advertising Resources"

Discussant: G. Anand Anandalingam

7B:  Outsourcing

David Fitoussi, Vijay Gurbaxani

"IT Outsourcing Contracts and Performance Measurement"

Krishnan S. Anand, Ravi Aron

"Quality, Incentives and Inspection Regimes in Offshore Service Production: Theory & Evidence"

Discussant:  Eric Clemons

2:45–4:00 p.m.     Ph.D. Session - Lingfang Ivy Li (UCI); Eric Overby (Emory); Ke-Wei Huang (NYU); Hoon Cha (Arizona); Charles Liu (Pittsburgh).  Chair: Lorin Hitt

4:30 p.m.          Departure by chartered bus to Hyatt Regency Milwaukee, 333 W. Kilbourn– (from Midwest Transit System: “55 passenger deluxe over the road touring coaches.  All are washroom equipped, have stereo sound and VCR.  Some have tables in the back, individual air units and reading lights.”)


WISE is an invited workshop for researchers working at the intersection of information systems and economics. It is a two day workshop held each year in December and scheduled to coincide with the International Conference on Information Systems.  Participants submit extended abstracts of work they wish to present.  Preference is given to work in progress that can benefit from the feedback provided by workshop participants.  The program is designed to maximize small group discussion around specific research projects. 

Registration:  The fee is $250 for faculty and $200 for PhD students available at http://ebusiness.mit.edu/wise2006/.  After December 2nd the fees are $300 and $250.  On-site registration is $325 payable by check only.  The WISE2006 souvenir is guaranteed only for the first 135 registrants.

Accommodation: We have arranged for the Northwestern University rate at a nearby hotel (All are walking distance to the Jacobs Center)

Hilton Garden Inn Evanston (Special arrangement - rate cutoff date: November 8)

1818 Maple Avenue, Evanston, Illinois, United States 60201

Tel: (847) 475-6400  Fax: (847) 475-6460   http://www.hiltongardeninn.com

* $119 (single occupancy), +$10 for extra person.

* 13.5% room tax.

* Valid for Friday December 8 and Saturday December 9

Additional hotels to contact (no special arrangements)

Hotel Orrington, 1710 Orrington Ave, Evanston, IL 60201 (very convenient, max 5 walking minutes from conference location)   http://www.hotelorrington.com

1710 Orrington Avenue

Evanston, Illinois 60201

(847) 866-8700 or (888) 677-4648 (Reservations)

Holiday Inn Evanston (A few extra walking minutes relative to Hilton & Orrington) www.holidayinn.com

1501 Sherman Ave

Evanston, IL 60201

(847) 491-6400

WISE 2008:  Self-nominations are sought from individuals who would like to co-chair the 2008 Workshop on Information Systems and Economics (WISE08).  In 2008, ICIS will be in Paris, France.  Workshops and their co-chairs are:

1989-Cambridge, MA / Yannis Bakos, Chris Kemerer

1990-Copenhagen, Denmark / Vijay Gurbaxani, Jin Whang 

1991-New York, NY / Rob Kauffman, Tridas Mukhopadhyay 

1992-Dallas, TX / Anitesh Barua, Andy Whinston 

1993-Orlando, FL / Erik Brynjolfsson, Avi Seidmann

1994-Vancouver, BC / Al Dexter, Barrie Nault 

1995-London, England / Eric Clemons, Bruce Weber

1996-Cleveland, OH / Yannis Bakos, Chris Kemerer 

1997-Atlanta, GA / Rob Kauffman, Fred Riggins 

1998-New York, NY / Eric Clemons, Bruce Weber 

1999-Charlotte, NC / Rajiv Banker, Sandra Slaughter

2000-Brisbane, Australia / Chris Westland, Ted Clark 

2001-New Orleans, LA / Jin Whang, M.S. Krishnan, Don Harter

2002-Barcelona, Spain / Marshall Van Alstyne, Geoff Parker

2003-Seattle, WA / Rajiv Dewan, Edieal Pinker, Abraham Seidmann

2004-College Park, MD / Eric Clemons, Chris Dellarocas, Lorin Hitt

2005-Irvine, CA / Vidyanand Choudhary, Sanjeev Dewan, David Fitoussi, Vijay Gurbaxani, Ken Kraemer, Kevin Zhu

2006-Evanston, IL / Philipp Afeche, Erik Brynjolfsson, Shane Greenstein, Michael Smith, Bruce Weber

2007-ICIS is in Montreal - dates TBD / Anand Anandalingam, Joe Bailey, Siva Viswanathan

2008-ICIS is in Paris - dates TBD

2009-20th Anniversary of WISE