September 1, 2004 - August 31, 2004
Daniel Lehmann (The Hebrew University of Jerusalem)
Motty Perry (The Hebrew University of Jerusalem)
The group will conduct a program of interdisciplinary research on one of the most important new possibilities opened up by the internet: electronic commerce. Which much practical work has been done on the "mechanics" of electronic conmmerce (communication protocols, security, software tools, cash transfers, etc.), less attention has been paid to understand the nature of the content that is is supposed to be delivered by these "mechanics". In other words, what are the economic mechanisms that will or should be implemented by such "mechanics"?
We believe that there are theoretical foundations for electronic commerce and that the time is ripe to start formulating them.