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) bilateral exports to the United States. The patterns in the data are consistent with the theory. The mean and the variance of …
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We present several empirical facts about trends in marketing investment in the US. We also present estimates of the private value of brands to firms and aggregate intangible brand capital stocks created by these investments. These investments include the creation and maintenance of a brand name...
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High-speed internet has increased the amount of information available in health care markets. Online information may improve health outcomes if it reduces information frictions and helps patients choose higher quality providers or causes providers to improve quality. We examine how health...
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Although fake online customer reviews have become prevalent on platforms such as Amazon, Google, and Facebook, little is known about how these reviews influence consumer behavior. This paper provides the first experimental estimates of the effects of fake reviews on individual demand and...
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This paper investigates the link between product quality and price setting for central processing units (CPUs). Using … thousands of price quotes from a popular price-comparison website, we find that market fundamentals, such as the number of … sellers, median price, share of convenient prices and level of seller stability, are important factors for explaining price …
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In principle, firms in developing countries benefit from the fact that advanced technologies and products have already been developed in industrialized countries and can simply be adopted, a process often referred to as industrial upgrading. But for many firms this advantage remains elusive....
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