Showing 1 - 10 of 332
Might firms' use of data create market power? To explore this hypothesis, we craft a model in which economies of scale … in data induce a data-rich firm to invest in producing at a lower marginal cost and larger scale. However, the model … uncovers much richer interactions between data, welfare and market power. Data affects risk, firm size and the composition of …
Persistent link: https://www.econbiz.de/10013210050
the covariates are observed in two different datasets that cannot be linked. This type of data combination problem arises …
Persistent link: https://www.econbiz.de/10013191048
research landscape is the nature and extent to which scholars generate data. Today, in nearly every field the experimental …
Persistent link: https://www.econbiz.de/10012479325
This paper analyzes weekly scanner data collected for 108 groups at the county level between 2006 and 2014. The data … suggest augmenting the univariate adjustments with a panel data step that pools information across counties. Machine learning … cooking away from non-essential goods. The adjusted data also reveal changes in spending to unanticipated shocks at the local …
Persistent link: https://www.econbiz.de/10012479848
Data is nonrival: a person's location history, medical records, and driving data can be used by any number of firms … should own data? What restrictions should apply to the use of data? We show that in equilibrium, firms may not adequately …, there may be large social gains to data being used broadly across firms, even in the presence of privacy considerations …
Persistent link: https://www.econbiz.de/10012480204
Equal access to voting is a core feature of democratic government. Using data from millions of smartphone users, we …. We shed light on the mechanism for these results and discuss how geospatial data can be an effective tool to both measure …
Persistent link: https://www.econbiz.de/10012480430
Cross-sectional or panel studies have joined time series techniques as an important element in empirical macroeconomists' toolkit. The econometric best practices for these studies and their aggregate implications remain active topics of research. In this paper, I offer several pieces of advice...
Persistent link: https://www.econbiz.de/10012480445
This chapter will cover recent research in historical economics that uses ethnographic data and data from surveys and … availability of historical data. However, recent work incorporates data and tools from other fields and sub-fields to fill this gap …. For example, economists are increasingly taking advantage of ethnographic data sets compiled by anthropologists. There is …
Persistent link: https://www.econbiz.de/10012482138
The use of historical data has become a standard tool in economics, serving three main purposes: to examine the … comprehensive analysis of the types of historical data most commonly used in economic research and discuss a variety of issues that …
Persistent link: https://www.econbiz.de/10012482187
The rise of information technology and big data analytics has given rise to "the new economy." But are its economics … new? This article constructs a growth model where firms accumulate data, instead of capital. We incorporate three key … features of data: 1) Data is a by-product of economic activity; 2) data is information used for prediction, and 3) uncertainty …
Persistent link: https://www.econbiz.de/10012482643