Showing 1 - 10 of 14
Many have argued that digital technologies such as smartphones and social media are addictive. We develop an economic model of digital addiction and estimate it using a randomized experiment. Temporary incentives to reduce social media use have persistent effects, suggesting social media are...
Persistent link: https://www.econbiz.de/10012585420
We investigate whether Donald Trump's "Chinese Virus" tweets contributed to the rise of anti-Asian incidents. We find that the number of incidents spiked following Trump's initial "Chinese Virus" tweets and the subsequent dramatic rise in internet search activity for the phrase....
Persistent link: https://www.econbiz.de/10013435150
Using a new comprehensive survey of adults in large U.S. media markets we show that minority and low-skill individuals, who are heavily exposed to shocks to the local economy, typically have stronger preferences for and stronger ex- posure to local news than high-skill and white individuals. At...
Persistent link: https://www.econbiz.de/10014322823
define asymptotic learning as the fraction of agents taking the correct action converging to one in probability as a society … grows large. Under truthful communication, we show that asymptotic learning occurs if (and under some additional conditions … receive and distribute a large amount of information. Asymptotic learning therefore requires information to be aggregated in …
Persistent link: https://www.econbiz.de/10012462246
Persistent link: https://www.econbiz.de/10001562754
In modern knowledge driven economies, firms are increasingly aware that individual and collective knowledge is a major factor of economic performance. The larger the firms and the stronger their connection with technology intensive industries, the more are they likely to set up knowledge...
Persistent link: https://www.econbiz.de/10012468456
There is growing public interest in alternatives to intellectual property including, but not limited to, prizes and government grants. We argue that there is no single best mechanism for supporting research. Rather, mechanisms can only be compared within specific creative environments. We...
Persistent link: https://www.econbiz.de/10012468794
Research on intellectual property has focused on formal legally recorded rights that we call deeded, most often measured by granted patents. Meanwhile, other "defacto" IP (mainly purposive secrecy and natural excludability) has become more important because of the increasing closeness of...
Persistent link: https://www.econbiz.de/10012458417
The pace of innovation is related both to the level of investment in innovation and the pool of knowledge from which innovators can draw. Both of these are endogenous: Investments in innovations are affected by the pool of knowledge and the ability of firms to appropriate the returns to their...
Persistent link: https://www.econbiz.de/10012458650
This paper directs attention at the globalization of knowledge and knowledge creation as the fundamental global driver of economic outcomes in today's information economy. It documents the globalization of knowledge and spread of scientific research from advanced to developing countries and...
Persistent link: https://www.econbiz.de/10012459360