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This review article, which was solicited by the Geneva Risk and Insurance Review, surveys work that has been done using an empirical framework for analyzing selection in insurance markets developed by Einav, Finkelstein, and Cullen (2010). We briefly review that framework, and then describe a...
Persistent link: https://www.econbiz.de/10014250164
Mediating transactions through the Internet removes important cues that salespeople can use to assess a consumer …'s willingness to pay. We analyze whether dealers' difficulty in identifying consumer characteristics on the Internet and consumers … discrimination. The second part of the paper turns to the role of the Internet. Online minority buyers who use the Internet Referral …
Persistent link: https://www.econbiz.de/10012470047
and to what extent the Internet will affect the location of economic activity. Even after the very substantial … making agglomeration more important. We argue that the Internet will produce more of the same forces for deagglomeration, but …. This is not likely to be affected by the Internet, which allows long distance 'conversations' but not 'handshakes.' …
Persistent link: https://www.econbiz.de/10012470269
We correct and extend the results of Gans (2015) regarding the effects of net neutrality regulation on equilibrium outcomes in settings where a content provider sells its services to consumers for a fee. We examine both pricing and investment effects. We extend the earlier paper's result that...
Persistent link: https://www.econbiz.de/10012456634
aggregate moments from a panel of Internet users. We evaluate the fit of the model to key features of the data and use it to … compute the predictions of the supply model. We discuss how such a model can inform debates about the effects of the Internet …
Persistent link: https://www.econbiz.de/10012458987
, provides a distinct benefit. Steam provided a new power source. The internet facilitated communication. The differences between … GPTs are important for understanding adoption patterns. Using the examples of the internet and artificial intelligence, we …
Persistent link: https://www.econbiz.de/10014226173
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