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Tap: Unlocking the Mobile Economy (The MIT Press) PDF

242 Pages·2017·3.44 MB·English
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Preview Tap: Unlocking the Mobile Economy (The MIT Press)

Tap Tap Unlocking the Mobile Economy Anindya Ghose The MIT Press Cambridge, Massachusetts London, England © 2017 Massachusetts Institute of Technology All rights reserved. No part of this book may be reproduced in any form by any electronic or mechanical means (including photocopying, recording, or information storage and retrieval) without permission in writing from the publisher. Set in ITC Stone Serif Std by Toppan Best-set Premedia Limited. Printed and bound in the United States of America. Library of Congress Cataloging-in-Publication Data Names: Ghose, Anindya, author. Title: Tap : unlocking the mobile economy / Anindya Ghose. Description: Cambridge, MA : MIT Press, [2017] | Includes bibliographical references and index. Identifiers: LCCN 2016043788 | ISBN 9780262036276 (hardcover : alk. paper) Subjects: LCSH: Mobile commerce. | Cell phone advertising. | Consumer behavior. | World Wide Web--Security measures. Classification: LCC HF5548.34 .G46 2017 | DDC 381/.142--dc23 LC record available at https://lccn.loc.gov/2016043788 ISBN: 978-0-262-03627-6 10 9 8 7 6 5 4 3 2 1 Contents Acknowledgments vii Introduction 1 I Human Behavior and the Mobile Phone Journey So Far 1 Mobile Phones: A Truly Transformative Technology 17 2 What the Smartphone Has Changed 25 3 Striking a Balance 33 II The Forces Shaping the Mobile Economy 4 Context: What’s Going On? 47 5 Location: Why Geography Matters 59 6 Time: It’s On Your Side 79 7 Saliency: Can You See Me Now? 95 8 Crowdedness: Why Scarcity of Space Matters 107 9 Trajectory: Watch Where You’re Walking 119 10 Social Dynamics: You Are Who You’re With 135 11 Weather: Creating the Perfect Storm 147 12 Tech Mix: Solving Wanamaker’s Riddle 159 III Next-Generation Technology Forces 13 The Growing Intimacy between Us and Our Devices 181 14 The Next-Generation Technologies 183 Epilogue 195 Notes 205 Index 227 Acknowledgments A c k n o w l e d g m e n t s I am grateful to my co-authors on the core research that anchors the book. I have learned an extraordinary amount from my interactions with them: Panos Adamopoulos, Michelle Andrews, Jason Chan, Avi Goldfarb, Xitong Guo, Sangpil Han, Hyeokkoo Eric Kwon, Dongwon Lee, Beibei Li, Siyuan Liu, Xueming Luo, Dominik Molitor, Wonseok Oh, Sung-Hyuk Park, Philip Reichart, Martin Spann, Paramvir Singh, Vilma Todri, Kaiquan Xu, Sha Yang, and Zheng Fang. It has been a ton of fun to work with them. I would like to thank my NYU Stern colleagues as well as current and past doctoral students with whom I have benefited from various formal and informal scholarly interactions and academic collaborations. I am particularly indebted to Batia Wiesenfeld for being an incredible mentor for the past twelve years at NYU and for always being there for me. I especially thank Mike Pinedo, Alex Tuzhilin, Peter Henry, Elizabeth Morrison, Russ Winer, and Eitan Zemel for their support in recent years. I also thank Arun Sundararajan for sharing important insights over the years that have helped shape my thinking on various fronts. It has also been wonderful to get to know so many outstanding NYU Stern undergraduate and graduate students from the MBA, MSBA, EMBA, and TRIUM programs. I am grateful to my PhD advisors, Ramayya Krishnan and Tridas Mukhopadhyay, and to other members of my dissertation committee— Uday Rajan, Michael D. Smith, and Rahul Telang—for guiding me during my four wonderful years at Carnegie Mellon. I especially thank Uday for being the most incredible coach and mentor that any doctoral student can hope for. Most of what I have learned about research was learned from him. I would also like to thank several others from whom I have benefited through numerous scholarly discussions and collaborations: Sinan Aral, viii Acknowledgments Susan Athey, Nikolay Archak, Ravi Bapna, Sofia Bapna, Erik Brynjolfsson, Ram Chellappa, V. Choudhary, Chris Forman, Esther Gal-Or, Bin Gu, Ke-Wei Huang, Yan Huang, Amit Mehra, Vallabh Sambamurthy, Ramesh Shankarnarayanan, Yong Tan, Hal Varian, Sunil Wattal, Yuliang (Oliver) Yao, Sam Jeon, Yuqian Xu, Xuan Ye, Qiang Ye, Byungjoon Yoo, and Rong Zheng. During my very memorable stint at the Wharton School in 2011 and 2012, I benefited from my interactions with David Bell, Eric Bradlow, Gerard Cachon, Peter Fader, Lorin Hitt, Kartik Hosanagar, and Raghu Iyengar. In the industry and corporate world, I have benefited immensely from my interactions with Nic Baddour, Akshay Chaturvedi, John Blankenbaker, Alejandro Cremades, Andrada Comanac, Rahul Guha, Jack Hanlon, Shankar Iyer, Nadia Neytcheva, George Pappachen, Ross Rizley, Craig Stacey, Wally Wang, and Andrew Wong. Of these I am especially indebted to Shankar Iyer for opening for me one of the most fascinating doors in my career so far: the world of data-driven litigation consulting. Working on these litigation cases has significantly enhanced the breadth and depth of my understanding of the digital economy, and has been a very fulfilling and enriching experience. I thank Michael (Mike) Smith for making some invaluable connections. First and foremost, he connected me to his outstanding literary agent, Rafe Sagalyn. I am grateful to Rafe for sharing insights about the book publish- ing process and for navigating discussions with the MIT Press. Mike also connected me to Jane MacDonald, who was my first acquisitions editor. She believed in the thesis of this book and I am grateful to her for that. Midway through the process, the wonderful Emily Taber started to handle my man- uscript and became my acquisitions editor. I am deeply grateful to Emily for being the beacon that eventually lit my path to publication. She guided me through the publishing process, shared invaluable insights throughout the process, and provided excellent editorial comments. I thank the following folks for giving excellent feedback that helped improve the manuscript: Panos Adamopoulos, Amitabh Bose, Gordon Burtch, Beibei Li, Martin Spann, Vilma Todri, and David Verchere. I am thankful to Jessica Neville of Neville Communications and to Frank Luby and Elana Duffy of Present Tense for editorial support and feedback. Over the years, the NYU Stern Public Relations team has been a terrific source of support in taking my research and helping to disseminate it

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Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.