West and Courtney [18] rely on industrial organization economics in ge
neral, and the economics of uncertainty in particular, for insights in
to the benefits of overcoming information constraints through informat
ion systems (IS) and improved information technologies (IT). This Comm
ent argues that the IS researcher who looks to the economics of uncert
ainty to make a case for improved IT will only find support from a sel
ective reading of a constantly expanding literature whose aims and inf
erences ate easily misunderstood.