Economics of Information Systems
In today’s economy, information technology (IT) has fundamentally transformed information availability, changing the economics and business practices in a wide range of industries. Dramatic changes in information technology and the nature of economic competition are forcing firms to come up with new ways of organizing work. Ever since the beginning of research into information systems (IS), economics has been recognized as one of the most important reference disciplines. Economics provides a useful and important perspective into the management of and government policy towards information technology and has made useful contributions to the understanding of IS research and applications. Some examples include the theory of information, decision analysis, game theory, and econometric methodologies. At the NUS School of Computing, as in many other leading universities, there is a growing interest in the application of economics to numerous new research aspects of information-based products, information-based industries, and the use of information and IT in business and society.
Specific research interests include
- Economics of Intellectual Property
- Economics of (Outsourcing) Contract Design
- Pricing of Information Goods
- Interactive Marketing
- Economics of Information Security
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