Showing 1 - 10 of 137
, we assess the potential of three types of quality signaling to increase demand for high-quality solar lamps. We find no … remains unachieved because of persistently low demand for high-quality products. In a randomized field experiment in Senegal … that the effective quality signals in our setting stimulate demand for low-quality products by creating product …
Persistent link: https://www.econbiz.de/10014544676
A sender sends a signal about a state to a receiver who takes an action that determines a payoff. A moderator can block some or all of the sender's signal before it reaches the receiver. When the moderator's policy is transparent to the receiver, the moderator can improve the payoff by blocking...
Persistent link: https://www.econbiz.de/10014486247
This paper surveys the relevant existing literature that can help researchers and policy makers understand the drivers of competition in markets that constitute the provision of artificial intelligence products. The focus is on three broad markets: training data, input data, and AI predictions....
Persistent link: https://www.econbiz.de/10014512124
Why do low income patients tend to go to lower quality health care providers, even when they are free? We show that … differential information about provider quality is an important determinant of this disparity. Our empirical strategy exploits the … patients having better private information about quality. We incorporate our estimates into a structural model of demand that …
Persistent link: https://www.econbiz.de/10014247954
The elegant economic picture of rational consumers achieving Pareto optimality through trade in decentralized self-organized markets is blurred by market imperfections and choices inconsistent with consumer self-interest. Behavioral economics has documented these errors in choice, and considered...
Persistent link: https://www.econbiz.de/10014250182
comparable clinical quality across hospital types. How specialty hospitals can maintain such a price premium remains an open …
Persistent link: https://www.econbiz.de/10013388780
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...
Persistent link: https://www.econbiz.de/10013334364
We study whether Amazon engages in self-preferencing on its marketplace by favoring its own brands (e.g., Amazon Basics) in search. To address this question, we collect new micro-level consumer search data using a custom browser extension installed by a panel of study participants. Using this...
Persistent link: https://www.econbiz.de/10013537786
This paper shows that product design shapes search frictions and that intermediaries leverage this channel to increase their rents in the context of the U.S. municipal bond market. The majority of bonds are designed via negotiations between a local government and its underwriter. They are then...
Persistent link: https://www.econbiz.de/10013477267
Health insurers often tie payments to providers' quality of care. Although payers do this to elicit more effort from … providers, some providers may game the system by avoiding patients who would cause their quality scores to fall. We use annual … variation in the criteria for Medicare's Quality Incentive Program in dialysis to distinguish strategic patient dropping from …
Persistent link: https://www.econbiz.de/10014322741