Narrow search
Showing 1 - 10 of 811
Cover Image
A Model of Behavioral Manipulation
Acemoglu, Daron; Makhdoumi, Ali; Malekian, Azarakhsh; … - National Bureau of Economic Research - 2023
We build a model of online behavioral manipulation driven by AI advances. A platform dynamically offers one of n products to a user who slowly learns product quality. User learning depends on a product's "glossiness,' which captures attributes that make products appear more attractive than they...
Persistent link: https://www.econbiz.de/10014437003
Cover Image
You Can Lead a Horse to Water : Spatial Learning and Path Dependence in Consumer Search
Hodgson, Charles; Lewis, Gregory - National Bureau of Economic Research - 2023
We develop and estimate a model of consumer search with spatial learning. Consumers make inferences from previously searched objects to unsearched objects that are nearby in attribute space, generating path dependence in search sequences. The estimated model rationalizes patterns in data on...
Persistent link: https://www.econbiz.de/10014372454
Cover Image
Steering in Online Markets : The Role of Platform Incentives and Credibility
Barach, Moshe A. - 2019
Platform marketplaces can potentially steer buyers to certain sellers by recommending or guaranteeing those sellers. Money-back guarantees--which create a direct financial stake for the platform in seller performance--might be particularly effective at steering, as they align buyer and platform...
Persistent link: https://www.econbiz.de/10012479867
Cover Image
Economists (and Economics) in Tech Companies
Athey, Susan - 2018
As technology platforms have created new markets and new ways of acquiring information, economists have come to play an increasingly central role in tech companies - tackling problems such as platform design, strategy, pricing, and policy. Over the past five years, hundreds of PhD economists...
Persistent link: https://www.econbiz.de/10012480716
Cover Image
Search and Information Frictions on Global E-Commerce Platforms : Evidence from AliExpress
Bai, Jie - 2020
Global e-commerce platforms present new export opportunities for small and medium-sized enterprises in developing countries by significantly lowering the entry barriers of exporting. However, the lack of market selection can lead to a large number of online firms competing for consumers'...
Persistent link: https://www.econbiz.de/10012482319
Cover Image
Who Benefits from Online Gig Economy Platforms?
Stanton, Christopher T.; Thomas, Catherine - National Bureau of Economic Research - 2021
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
Cover Image
Designing Quality Certificates : Insights from eBay
Hui, Xiang; Jin, Ginger Zhe; Liu, Meng - National Bureau of Economic Research - 2022
Quality certification is a common tool to reduce asymmetric information and enhance trust in marketplaces. Should the certificate focus on seller inputs such as fast shipping, or include output measures such as consumer ratings? In theory, incorporating output measures makes the certificate more...
Persistent link: https://www.econbiz.de/10012814449
Cover Image
Consumer Price Search and Platform Design in Internet Commerce
Dinerstein, Michael - 2014
Search frictions can explain why the "law of one price" fails in retail markets and why even firms selling commodity products have pricing power. In online commerce, physical search costs are low, yet price dispersion is common. We use browsing data from eBay to estimate a model of consumer...
Persistent link: https://www.econbiz.de/10012458251
Cover Image
Digitization and the Contract Labor Market : A Research Agenda
Agrawal, Ajay - 2013
of inquiry in this market setting that are central to the broader digitization research agenda: 1) How will the … digitization of this market influence the distribution of economic activity (geographic distribution of work, income distribution … acquisition, machine-aided recommendations)?; 3) How will the digitization of this market affect social welfare (increased …
Persistent link: https://www.econbiz.de/10012459138
Cover Image
Platform Information Provision and Consumer Search : A Field Experiment
Fang, Lu; Chen, Yanyou; Farronato, Chiara; Yuan, Zhe; … - National Bureau of Economic Research - 2024
consumer search and purchasing behavior. We collaborate with one of the largest e-commerce platforms in China and study its …
Persistent link: https://www.econbiz.de/10014486191