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Bassi, Vittorio; Muoio, Raffaela; Porzio, Tommaso; Sen, … - National Bureau of Economic Research - 2021

This paper argues that rental market interactions allow small firms to increase their effective scale and mechanize production, even when each individual firm would be too small to invest in expensive machines. We conduct a novel survey of manufacturing firms in Uganda, which uncovers an active...

Persistent link: https://www.econbiz.de/10012585412

Human Decisions and Machine Predictions

Kleinberg, Jon - 2017

We examine how machine learning can be used to improve and understand human decision-making. In particular, we focus on … released. This is a promising machine learning application because it is a concrete prediction task for which there is a large … results suggest that while machine learning can be valuable, realizing this value requires integrating these tools into an …

Persistent link: https://www.econbiz.de/10012455502

Quality report on national and regional accounts : 2017 data

Europäische Kommission / Statistisches Amt - 2018 - 2018 edition

Persistent link: https://www.econbiz.de/10011983637

Quality report on national and regional accounts : ... data

Europäische Kommission / Statistisches Amt - Luxembourg : Publications Office of the European Union - 2018 edition-

Persistent link: https://www.econbiz.de/10012209535

Evolving Standards for Academic Publishing : A q-r Theory

Ellison, Glenn - 2000

This paper develops a model of evolving standards for academic publishing. It is motivated by the increasing tendency of academic journals to require multiple revisions of articles and by changes in the content of articles. Papers are modeled as varying along two quality dimensions: q and r. The...

Persistent link: https://www.econbiz.de/10012470945

Designing Quality Certificates : Insights from eBay

Hui, Xiang; Jin, Ginger Zhe; Liu, Meng - National Bureau of Economic Research - 2022

Quality certification is a common tool to reduce asymmetric information and enhance trust in marketplaces. Should the certificate focus on seller inputs such as fast shipping, or include output measures such as consumer ratings? In theory, incorporating output measures makes the certificate more...

Persistent link: https://www.econbiz.de/10012814449

Collusive Investments in Technological Compatibility : Lessons from U.S. Railroads in the Late 19th Century

Gross, Daniel P. - 2019

Collusion is widely condemned for its negative effects on consumer welfare and market efficiency. In this paper, I show that collusion may also in some cases facilitate the creation of unexpected new sources of value. I bring this possibility into focus through the lens of a historical episode...

Persistent link: https://www.econbiz.de/10012480205

Quality Disclosure and Certification : Theory and Practice

Dranove, David - 2010

This essay reviews the theoretical and empirical literature on quality disclosure and certification. After comparing quality disclosure with other quality assurance mechanisms and describing a brief history of quality disclosure, we address three key theoretical issues: (i) Why don't sellers...

Persistent link: https://www.econbiz.de/10012463006

Tiebreaker : Certification and Multiple Credit Ratings

Bongaerts, Dion - 2009

This paper explores the economic role credit rating agencies play in the corporate bond market. We consider three existing theories about multiple ratings: information production, rating shopping and regulatory certification. Using differences in rating composition, default prediction and credit...

Persistent link: https://www.econbiz.de/10012463319

Competing on Standards? Entrepreneurship, Intellectual Property and the Platform Paradox

Simcoe, Timothy S. - 2007

This paper studies the intellectual property strategy of firms that participate in the formal standards process. Specifically, we examine litigation rates in a sample of patents disclosed to thirteen voluntary Standard Setting Organizations (SSOs). We find that SSO patents have a relatively high...

Persistent link: https://www.econbiz.de/10012465007

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