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The use of file-sharing technologies, so-called Peer-to-Peer (P2P) networks, to copy music files has become common since the arrival of Napster. P2P networks may actually improve the matching between products and buyers - we call this the matching effect. For a label the downside of P2P networks...
Persistent link: https://www.econbiz.de/10010333838
The use of file-sharing technologies, so-called Peer-to-Peer (P2P) networks, to copy music files has become common since the arrival of Napster. P2P networks may actually improve the matching between products and buyers - we call this the matching effect. For a label the downside of P2P networks...
Persistent link: https://www.econbiz.de/10005835223
The use of file-sharing technologies, so-called Peer-to-Peer (P2P) networks, to copy music files has become common since the arrival of Napster. P2P networks may actually improve the matching between products and buyers - we call this the matching effect. For a label the downside of P2P networks...
Persistent link: https://www.econbiz.de/10010366574
Despite a general agreement that piracy poses a significant threat to maritime shipping, empirical evidence regarding … customs data with information on pirate attacks to investigate how exporting firms respond to maritime piracy. It finds that … overall exports along a particular shipping route fall following an increase in pirate activity. In addition, piracy induces …
Persistent link: https://www.econbiz.de/10011962189
We investigate the effect of delay on prices in bargaining situations using a data set containing thousands of captives ransomed from Barbary pirates between 1575 and 1692. Plausibly exogenous variation in the delay in ransoming provides ev- idence that negotiating delays decreased the size of...
Persistent link: https://www.econbiz.de/10011884461
Maritime transport has been historically susceptible to piracy. While broad assessments suggest the impact of modern … piracy causes large economic losses, the literature lacks quantification of the magnitude of the costs and the behavioral …
Persistent link: https://www.econbiz.de/10014521173
It is common knowledge that Next Generation Access (NGA) networks require significant investments and that for many regions, especially in more rural areas, there is no viable business case. Taking note of the broadband strategies formulated by European governments the deployment cost is...
Persistent link: https://www.econbiz.de/10010307286
We study the determinants of borrowers' default in P2P lending with a new data set consisting of 70,673 loan observations from Lending Club. Previous research identified a number of default determining variables but did not distinguish between different loan risk levels. We define four loan risk...
Persistent link: https://www.econbiz.de/10011580464
Not since Marx identified the manufacturing plants of Manchester as the blueprint for the new capitalist society has there been a more profound transformation of the fundamentals of our social life. As capitalism faces a series of structural crises, a new social, political and economic dynamic...
Persistent link: https://www.econbiz.de/10012099796
Decision making is a tough process. It involves dealing with a lot of uncertainty and projecting what the final outcome might be. Depending on the projection of the uncertain outcome, a decision has to be made. In a peer-to-peer financial interaction the trusting agent, in order to analyse the...
Persistent link: https://www.econbiz.de/10009434916