ist weltweit spürbar und Roboter und Maschinen sind in vielen Ländern bereits Realität. Es wird jedoch die These vertreten …

-related aspects. Labor market pressures are felt around the globe, and robots and automation increasingly become reality. However …

determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … efficiency, we find that liability has a crucial, but verifiability only a minor effect. Allowing sellers to build up reputation … higher efficiency as long as liability is violated. …

robot use with a measure of workers' replaceability by robots, which is based on the tasks prevalent in industries before …Despite ubiquitous discussions of robots' potential impact, there is almost no systematic empirical evidence on their … economic effects. In this paper we analyze for the first time the economic impact of industrial robots, using new data on a …

How do firms respond to technological advances that facilitate the automation of tasks? Which tasks will they automate …