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Data brokers collect, manage, and sell customer data. We propose a simple model, in which data brokers sell data to downstream firms. We characterise the optimal strategy of data brokers and highlight the role played by the data structure for co-opetition. If data are “sub-additive”, with...
Persistent link: https://www.econbiz.de/10012891572
We analyze price dispersion using panel data from a large price comparison site. We use past pricing behavior to instrument for potential endogeneity that might result from the selection of firms to certain product markets. We find that greater price adjustment costs result in greater price...
Persistent link: https://www.econbiz.de/10012892080
We study competition among market designers who create new trading platforms, when boundedly rational traders learn to select among them. We ask whether efficient platforms, leading to market - clearing trading outcomes, will dominate the market in the long run. If several market designers are...
Persistent link: https://www.econbiz.de/10013317023
This paper studies the investment decision by a monopolistic internet service provider (ISP) in different regulatory …
Persistent link: https://www.econbiz.de/10012841934
We study the Gilets jaunes movement, which blocked most of France off in November 2018. We first analyze the complementarity/substitutability between the different forms of mobilization and find that blockades were planned online and later reinforced online activism. Second, we do textual...
Persistent link: https://www.econbiz.de/10012832184
We study the effect of internet diffusion on childbirth procedures performed in England between 2000 and 2011. We … exploit an identification strategy based on geographical discontinuities in internet access generated by technological factors …. We show that broadband internet access increased Cesarean-sections: mothers living in areas with better internet access …
Persistent link: https://www.econbiz.de/10013314858
The object of this paper is to discuss on-line intermediation from the perspective of two-sided markets. It builds a … simple model of the intermediation activity when trading partners are involved in a commercial relationship and uses it to … part concentrates on a monopoly intermediation service and discusses both efficient pricing and monopoly pricing. The …
Persistent link: https://www.econbiz.de/10010261092
Asymmetric information can distort market outcomes. I study how the online disclosure of information affects consumers’ behavior and firms’ incentives to upgrade product quality in markets where information is traditionally limited. I first build a model of consumer search with firms’...
Persistent link: https://www.econbiz.de/10014080609
Tourism accounts for around one tenth of global GDP. We analyze the impact of entertainment media in drawing tourists to filming locations (media multiplier ) and, in turn, the effect of tourism on local economic development (tourism multiplier ). To assess the media multiplier, we employ a...
Persistent link: https://www.econbiz.de/10013228867
Management research has long focused on the theory of the firm, studying for-profit organizations that produce … organizational theory, innovation economics, and industrial organization should therefore be critically examined. …
Persistent link: https://www.econbiz.de/10010274756