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Persistent link: https://www.econbiz.de/10003499563
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...
Persistent link: https://www.econbiz.de/10012383676
Technological innovations facilitating e-commerce have well-documented effects on consumer behavior and firm organization in the retail sector, but the effects of these new transaction technologies on fiscal systems remain unknown. By extending models of commodity tax competition to include...
Persistent link: https://www.econbiz.de/10012033135
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/10011973911
In second price internet auctions with a fixed end time, such as those on eBay, many bidders snipe , i.e., they submit their bids in the closing minutes or seconds of an auction. Late bids of this sort are much less frequent in auctions that are automatically extended if a bid is submitted very...
Persistent link: https://www.econbiz.de/10011508091
In March 1999, a small number of Californians discovered a new world called "Norrath", populated by an exotic but … the United States. Perhaps the most interesting thing about the new world is its location. Norrath is a virtual world that …
Persistent link: https://www.econbiz.de/10011408437
inception in 1996; significantly, each world also seems to grow its own economy, with production, assets, and trade with Earth …, if they do grow, how will that affect real-world economies and governments? To shed light on the first question, the … suggests that the desire to live in a game world is deep-rooted and driven by game technology. The model reveals a certain …
Persistent link: https://www.econbiz.de/10011410451
Public authorities in many jurisdictions are concerned about the proliferation of illegal content and products on online platforms. In this paper, we provide an economic appraisal of platform liability that highlights the effects of a stricter liability rule on several key variables such as...
Persistent link: https://www.econbiz.de/10012438368
This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first discuss the most crucial features of digital markets such as network effects, multi-sidedness, big data, and rapid innovation that create important challenges for competition...
Persistent link: https://www.econbiz.de/10012138666
Persistent link: https://www.econbiz.de/10003498643