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An Empirical Study of Pricing Strategies in an Online Market with High-Frequency Price Information
Ellison, Sara Fisher - 2014
We study competition among a score of firms participating in an online market for a commodity computer component. Firms … were able to adjust prices continuously; prices determined how the firms were ranked and listed (lowest price listed first …), with better ranks contributing to firms' sales. Using a year's worth of hourly data for individual firms, we estimate a …
Persistent link: https://www.econbiz.de/10013057184
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Borders and Distance in Knowledge Spillovers : Dying over Time or Dying with Age? - Evidence from Patent Citations
Li, Yao Amber - 2012
This paper uses a gravity framework to investigate the effects of distance as well as subnational and national borders in knowledge spillovers. Drawing on the NBER Patent Citations Database, we examine patent citations data at metropolitan level within the U.S. and the 38 largest patent-cited...
Persistent link: https://www.econbiz.de/10013117109
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How Antitrust Enforcement Can Spur Innovation : Bell Labs and the 1956 Consent Decree
Watzinger, Martin - 2017
We study the 1956 consent decree against the Bell System to investigate whether patents held by a dominant firm are harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an antitrust lawsuit that charged Bell with having...
Persistent link: https://www.econbiz.de/10012960483
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Using the Salop Circle to Study Scale Effects in Schumpeterian Growth Models : Why Inter-Sectoral Knowledge Diffusion Matters
Gray, Elie - 2016
This paper analyzes the link between the fact that fully endogenous growth models exhibit (or not) the non-desirable scale effects property and assumptions regarding the intensity of knowledge diffusion. In that respect, we extend a standard Schumpeterian growth model by introducing explicitly...
Persistent link: https://www.econbiz.de/10012984503
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Borders and Distance in Knowledge Spillovers: Dying over Time or Dying with Age? - Evidence from Patent Citations
Li, Yao - CESifo - 2009
This paper uses a gravity framework to investigate the effects of distance as well as subnational and national borders in knowledge spillovers. Drawing on the NBER Patent Citations Database, we examine patent citations data at metropolitan level within the U.S. and the 38 largest patent-cited...
Persistent link: https://www.econbiz.de/10005000385
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Firm-Level Human Capital and Innovation : Evidence from China
Sun, Xiuli - 2017
development and growth. In this paper, we examine the role of human capital in firms' innovation by using a large sample of … manufacturing firms from China. We use two firm-level datasets from China: one from metropolitan cities, and one from provincial …'s education and age. We find that skilled human capital has a significant positive effect on firms' innovation, while the …
Persistent link: https://www.econbiz.de/10012960108
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Abatement Innovation in a Cournot Oligopoly : Emission Versus Output Tax Incentives
Aoyama, Naoto - 2016
technological change for sufficiently small fixed costs of adoption. In the presence of economies of scope, firms may adopt the …
Persistent link: https://www.econbiz.de/10012979600
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The Digital Services Tax as a Tax on Location-Specific Rent
Cui, Wei - 2019
In 2018, the European Council and the UK and Spanish governments each proposed to introduce a Digital Services Tax (DST), to be levied on the revenue of large digital platform companies earned from advertising, online intermediation, and/or the transmission of data. We offer a rationalization of...
Persistent link: https://www.econbiz.de/10012894237
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Net Neutrality and Internet Fragmentation : The Role of Online Advertising
D'Annunzio, Anna - 2015
We investigate the relation between Net Neutrality regulation and Internet fragmentation. We model a two-sided market, where Content Providers (CPs) and consumers interact through Internet Service Providers (ISPs), and CPs sell consumers' attention to advertisers. Under Net Neutrality, a...
Persistent link: https://www.econbiz.de/10013017710
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How Social Reputation Networks Interact with Competition in Anonymous Online Trading : An Experimental Study
Bolton, Gary E. - 2014
Many Internet markets rely on quot;feedback systemsquot;, essentially social networks of reputation, to facilitate trust and trustworthiness in anonymous transactions. Market competition creates incentives that arguably may enhance or curb the effectiveness of these systems. We investigate how...
Persistent link: https://www.econbiz.de/10012751561