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How does lie detection constrain the potential for one person to persuade another to change her action? We consider a model of Bayesian persuasion in which the Receiver can detect lies with positive probability. We show that the Sender lies more when the lie detection probability increases. As...
Persistent link: https://www.econbiz.de/10013210093
This paper estimates consumer demand for firearms with the aim of predicting the likely impacts of firearm regulations on the number and types of guns in circulation. We first conduct a stated-choice-based conjoint analysis and estimate an individual-level demand model for firearms. We validate...
Persistent link: https://www.econbiz.de/10014226131
With the rise of social media and streaming platforms, firms and brand-owners increasingly depend on influencers to attract consumers, who care about both common product quality and consumer-influencer interaction. Sellers thus compete in both influencer and product markets. As outreach and...
Persistent link: https://www.econbiz.de/10014287344
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
Recent models and empirical work on network formation emphasize the importance of propinquity in producing strong …
Persistent link: https://www.econbiz.de/10013477279
A network/search view of international trade in differentiated products is proposed. It is shown that this view can …
Persistent link: https://www.econbiz.de/10012473227
I propose a network/search view of international trade in differentiated products. I present evidence that supports the …
Persistent link: https://www.econbiz.de/10012473228
assumption that the process starts with every node in the network having a signal. We study a natural extension of the DeGroot … agent. This characterization result then allows us to relate network geometry to information aggregation. We identify an … example of a network structure where essentially only the signal of a single agent is aggregated, which helps us pinpoint a …
Persistent link: https://www.econbiz.de/10012479453
organising its national road systems. I then construct a novel dataset of local network inefficiency and I find that colonial …
Persistent link: https://www.econbiz.de/10012479901
for their legislative activity. We propose a novel equilibrium concept for the network formation game that allows for a …
Persistent link: https://www.econbiz.de/10012479937