Showing 1 - 10 of 185
This paper analyzes the extent to which the Internet's global domain name resolution (DNS) system has preserved its distributed resilience given the rise of cloud-based hosting and infrastructure. We explore trends in the concentration of the DNS space since at least 2011. In addition, we...
Persistent link: https://www.econbiz.de/10012453397
We build a model of online behavioral manipulation driven by AI advances. A platform dynamically offers one of n …
Persistent link: https://www.econbiz.de/10014437003
E-Commerce represents a rapidly growing share of consumer spending in the U.S. We use transactions-level data on credit and debit cards from Visa, Inc. between 2007 and 2017 to quantify the resulting consumer surplus. We estimate that E-Commerce spending reached 8% of consumption by 2017,...
Persistent link: https://www.econbiz.de/10012479563
The emergence of third-party online platforms in intermediating financial products has been a new and exciting development in FinTech. In China, the platforms are allowed to distribute mutual funds since 2012, and have quickly grown into a formidable presence. Examining the economic impact of...
Persistent link: https://www.econbiz.de/10012480520
online, implies roughly 2 percentage points lower inflation than in a matched model/CPI-style index …
Persistent link: https://www.econbiz.de/10012453070
This paper estimates the magnitude and distribution of surplus from the knowledge worker gig economy using data from an online labor market. Labor demand elasticities determine workers' wages, and buyers' past market experience shapes both their job posting frequency and hiring rates. We find...
Persistent link: https://www.econbiz.de/10012696386
In the world of omnichannel retail, some brands open a flagship store at online marketplaces, while others avert it. Focusing on a large e-commerce platform, we empirically study how flagship entry affects consumers, the platform, and various sellers on the platform
Persistent link: https://www.econbiz.de/10012629459
We study e-commerce across 47 economies and 26 industries during the COVID-19 pandemic using aggregated and anonymized transaction-level data from Mastercard, scaled to represent total consumer spending. The share of online transactions in total consumption increased more in economies with...
Persistent link: https://www.econbiz.de/10012938698
general equilibrium model of international trade with heterogeneous firms and non-homothetic consumer preferences that … positively links prices of tradables to consumer income. Guided by the model's testable prediction, I estimate the elasticity of …
Persistent link: https://www.econbiz.de/10012462422
switch to purchasing products online. We specify a general industry model involving consumers with differing search costs … the model using U.S. data for three industries in which e-commerce has arguably decreased consumers' search costs … model. Interestingly, while the industries experienced similar changes, the specific mechanisms through which e …
Persistent link: https://www.econbiz.de/10012464481