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Heterogeneity in migration network effects across cultures
Bogatzki, Tamara - 2021
I empirically assess the importance of socially interdependent origin cultures as opposed to socially independent ones for network effects in inter-national migration. I propose that societies that emphasise collectivist behaviour accumulate larger levels of communityspecific social capital than...
Persistent link: https://www.econbiz.de/10012589738
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Video killed the radio star? : online music videos and digital music sales
Kretschmer, Tobias; Peukert, Christian - 2014
Persistent link: https://www.econbiz.de/10010356333
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Video killed the radio star? : online music videos and digital music sales ; conference paper
Kretschmer, Tobias; Peukert, Christian - 2014
digital music where consumers can sample the horizontal quality of songs by watching free music videos online. Identifi cation … comes from a natural experiment in Germany, where virtually all videos that contain music are blocked on a popular video … cancel out in the sales performance of songs, whereas online music videos trigger sales of albums. …
Persistent link: https://www.econbiz.de/10010488558
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The essential ranking of decision rules in small panels of experts
Karotkin, Drora; Nitsan, Shemuʾel; Paroush, Jacob - 1988
Persistent link: https://www.econbiz.de/10000783966
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Why do people pay for useless advice?
Powdthavee, Nattavudh; Riyanto, Yohanes Eko - 2012
Persistent link: https://www.econbiz.de/10009554805
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Over-caution of large committees of experts
Midjord, Rune; Rodríguez Barraquer, Tomás; Valasek, Justin - 2013
We provide an explanation for why committees may behave over-cautiously. A committee of experts makes a decision on a … evidence and the best practices of the experts' common discipline, which is only indirectly related to the true state of the … dieser Innovation durch jeden Experten erfolgt auf der Grundlage dessen, was in der gemeinsamen Disziplin als allgemein …
Persistent link: https://www.econbiz.de/10010195361
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Credence goods, costly diagnosis, and subjective evaluation
Bester, Helmut; Dahm, Matthias - 2014
We study contracting between a consumer and an expert. The expert can invest in diagnosis to obtain a noisy signal about whether a low-cost service is sufficient or whether a high-cost treatment is required to solve the consumerś problem. This involves moral hazard because diagnosis effort and...
Persistent link: https://www.econbiz.de/10010429934
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First impressions matter : signalling as a source of policy dynamics
Hansen, Stephen; McMahon, Michael - 2011
Persistent link: https://www.econbiz.de/10009298215
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Can a bonus overcome moral hazard? : an experiment on voluntary payments, competition, and reputation in markets for expert services
Angelova, Vera; Regner, Tobias - 2017
Interactions between players with private information and opposed interests are often prone to bad advice and inefficient outcomes, e.g. markets for financial or health care services. In a deception game we investigate experimentally which factors could improve advice quality. Besides advisor...
Persistent link: https://www.econbiz.de/10011697162
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Algorithmic advice as a credence good
Biermann, Jan; Horton, John J.; Walter, Johannes - 2022
Actors in various settings have been increasingly relying on algorithmic tools to support their decision-making. Much of the public debate concerning algorithms - especially the associated regulation of new technologies - rests on the assumption that humans can assess the quality of algorithms....
Persistent link: https://www.econbiz.de/10013499021