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Date: Tue, 10 Aug 1999 09:19:25 -0400
To: [EMAIL PROTECTED], [EMAIL PROTECTED]
From: Robert Hettinga <[EMAIL PROTECTED]>
Subject: DCSB: Andrew Odlyzko; So, Where's All the Digital Cash?
Cc: Eben Moglen <[EMAIL PROTECTED]>
Sender: [EMAIL PROTECTED]
Reply-To: Robert Hettinga <[EMAIL PROTECTED]>
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The Digital Commerce Society of Boston
Presents
Dr. Andrew Odlyzko
Head of the Mathematics and Cryptography Research
AT&T Laboratories
Why digital cash has not taken off (yet)
Tuesday, September 7th, 1999
12 - 2 PM
The Downtown Harvard Club of Boston
One Federal Street, Boston, MA
The arrival of digital cash has been predicted for a long time, but
progress has been disappointing. To fully understand what has
happened, and what the future will bring, it appears to be necessary
to consider the important economic and psychological factors that
have hampered acceptance of digital money. Content producers can
usually get more revenues through various bundling strategies
(subscriptions, site licensing, etc.) than through sales a la carte.
Further, consumers have a strong preference for flat-rate pricing
schemes. These factors suggest which methods might be most productive
in speeding up penetration of electronic money.
Andrew Odlyzko is Head of the Mathematics and Cryptography Research
Department at AT&T Labs, and also Adjunct Professor at the University
of Waterloo. He has done extensive research in technical areas such
as computational complexity, cryptography, number theory, combinatorics,
coding theory, analysis, and probability theory. In recent years he
has also been working on electronic publishing, electronic commerce,
and economics of data networks. He is the authors of such widely
cited papers as "Tragic loss or good riddance? The impending demise
of traditional scholarly journals," "The decline of unfettered
research," and "The bumpy road of electronic commerce." He is also
a coinventor of a micropayment system. His home page is
<http://www.research.att.com/~amo>.
This meeting of the Digital Commerce Society of Boston will be held
on Tuesday, September 7, 1999, from 12pm - 2pm at the Downtown Branch of
the Harvard Club of Boston, on One Federal Street. The price for
lunch is $35.00. This price includes lunch, room rental, various A/V
hardware, and the speakers' lunch. The Harvard Club *does* have
dress code: jackets and ties for men (and no sneakers or jeans), and
"appropriate business attire" (whatever that means), for women. Fair
warning: since we purchase these luncheons in advance, we will be
unable to refund the price of your lunch if the Club finds you in
violation of the dress code.
We need to receive a company check, or money order, (or, if we
*really* know you, a personal check) payable to "The Harvard Club of
Boston", by Saturday, September 4th, or you won't be on the list for
lunch. Checks payable to anyone else but The Harvard Club of Boston
will have to be sent back.
Checks should be sent to Robert Hettinga, 44 Farquhar Street, Boston,
Massachusetts, 02131. Again, they *must* be made payable to "The
Harvard Club of Boston", in the amount of $35.00. Please include your
e-mail address so that we can send you a confirmation
If anyone has questions, or has a problem with these arrangements
(We've had to work with glacial A/P departments more than once, for
instance), please let us know via e-mail, and we'll see if we can
work something out.
We are actively searching for future speakers. If you are in Boston
on the first Tuesday of the month, and you are a principal in digital
commerce, and would like to make a presentation to the Society,
please send e-mail to the DCSB Program Committee, care of Robert
Hettinga, <mailto: [EMAIL PROTECTED]>.
For more information about the Digital Commerce Society of Boston,
send "info dcsb" in the body of a message to <mailto:
[EMAIL PROTECTED]> . If you want to subscribe to the DCSB e-mail
list, send "subscribe dcsb" in the body of a message to <mailto:
[EMAIL PROTECTED]> .
We look forward to seeing you there!
Cheers,
Robert Hettinga
Moderator,
The Digital Commerce Society of Boston
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Robert A. Hettinga <mailto: [EMAIL PROTECTED]>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
For help on using this list (especially unsubscribing), send a message to
"[EMAIL PROTECTED]" with one line of text: "help".
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Robert A. Hettinga <mailto: [EMAIL PROTECTED]>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
