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We investigate the causal impact of broadband Internet on political participation using data from Italy. We show that … emergence of new political entrepreneurs who used the Internet to convert the initial "exit" back into "voice". Overall, these … nuanced effects underscore the general equilibrium dynamic induced by the Internet. …
Persistent link: https://www.econbiz.de/10010950872
In a model of evolution driven by conflict between societies more powerful states have an advantage. When the influence of outsiders is small we show that this results in a tendency to hegemony. In a simple example in which institutions differ in their "exclusiveness" we find that these...
Persistent link: https://www.econbiz.de/10010950707
We jointly measure the persuasive effects of slanted news and tastes for like-minded news. The key ingredient is using channel positions as exogenous shifters of cable news viewership. Local cable positions affect viewership by cable subscribers. They do not correlate with viewership by local...
Persistent link: https://www.econbiz.de/10011105922
The goal of this paper is to examine the implied penalty policies underlying the remedies created by the National Labor Relations Act (NLRA) in terms of the policies' impact on employer and union behaviors. We present a simple model of deterrence as a means of evaluating workplace penalty...
Persistent link: https://www.econbiz.de/10008764664
We seek to determine the causes and magnitudes of network externalities for the automated clearinghouse (ACH) electronic payments system. We construct an equilibrium model of customer and bank adoption of ACH. We structurally estimate the parameters of the model using an indirect inference...
Persistent link: https://www.econbiz.de/10005248692
This paper evaluates changes in fuel procurement practices by coal- and gas-fired power plants in the United States following state-level legislation that ended cost-of-service regulation of electricity generation. I find that deregulated plants substantially reduce the price paid for coal (but...
Persistent link: https://www.econbiz.de/10011123620
The Internet has radically transformed the way we live our lives. The net changes in consumer surplus and economic …
Persistent link: https://www.econbiz.de/10011264928
This paper investigates how the destabilizing of a social network may increase the scope of network externalities, using data on sales of a video-calling system made to an investment bank's employees and subsequent usage by these customers. The terrorist attacks of 2001 led potential customers...
Persistent link: https://www.econbiz.de/10009223325
experiments were important for value creation in Internet access markets. In general, industry-wide returns from economic …
Persistent link: https://www.econbiz.de/10005830574
groups), show a type of path dependence in politics resulting from radicals coming to power, and identify a novel strategic …
Persistent link: https://www.econbiz.de/10010950976