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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
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The digital layer : how innovative firms relate on the web
Krüger, Miriam; Kinne, Jan; Lenz, David; Resch, Bernd - 2020
In this paper, we introduce the concept of a Digital Layer to empirically investigate inter-firm relations at any geographical scale of analysis. The Digital Layer is created from large-scale, structured web scraping of firm websites, their textual content and the hyperlinks among them. Using...
Persistent link: https://www.econbiz.de/10012150751
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Price competition and reputation in markets for experience goods : an experimental study
Huck, Steffen; Lünser, Gabriele K.; Tyran, Jean-Robert - 2015 - September 2013, revised March 2015
We experimentally examine the effects of price competition in markets for expe-rience goods where sellers can build up reputations for quality. We compare price competition to monopolistic markets and markets where prices are exogenously fixed (somewhere between the endogenous oligopoly and...
Persistent link: https://www.econbiz.de/10010498486
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Price competition and reputation in markets for experience goods : an experimental study
Huck, Steffen; Lünser, Gabriele K.; Tyran, Jean-Robert - 2013
We experimentally examine the effects of price competition in markets for experience goods where sellers can build up reputations for quality. We compare price competition to monopolistic markets and markets where prices are exogenously fixed (somewhere between the endogenous oligopoly and...
Persistent link: https://www.econbiz.de/10010188722
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Antiquity and capitalism : the finance-growth perspective
Dombi, Akos; Grigoriadis, Theocharis; Zhu, Junbing - 2020
This paper explores the impact of antiquity on capitalism through the finance-growth nexus. We define antiquity as the length of established statehood (i.e., state history) and agricultural years. We argue that extractive institutions and deeply entrenched interest groups may prevail in...
Persistent link: https://www.econbiz.de/10012214952
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Impacts of ownership changes on emissions and industrial production : evidence from Europe
Chlond, Bettina; Germeshausen, Robert - 2023
facilities in Europe jointly with their output, productivity, and other key economic outcomes. To disentangle the influence of … and productivity do not change suggesting that reductions in emissions follow proportional reductions in output rather … productivity and profits of other facilities and firms owned by the acquiring parent company after a change in ownership. …
Persistent link: https://www.econbiz.de/10014311914
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Layoffs and productivity at a Bangladeshi sweater factory
Akerlof, Robert; Ashraf, Anik; Macchiavello, Rocco; … - 2023
Conflicts between management and workers are common and can have significant impacts on productivity. Combining … mass layoff resulted in a large and persistent reduction in the productivity of surviving workers. Moreover, it is …
Persistent link: https://www.econbiz.de/10014479174
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Exit options and the allocation of authority
Bester, Helmut; Krähmer, Daniel - 2013
We analyze the optimal allocation of authority in an organization whose members have conflicting preferences. One party has decision-relevant private information, and the party who obtains authority decides in a self-interested way. As a novel element in the literature on decision rights, we...
Persistent link: https://www.econbiz.de/10009752337
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Bit by bit : colocation and the death of distance in software developer networks
Goldbeck, Moritz - 2023
Digital work settings potentially facilitate remote collaboration and thereby decrease geographic frictions in knowledge work. Here, I analyze spatial collaboration patterns of some 191 thousand software developers in the United States on the largest code repository platform GitHub. Despite...
Persistent link: https://www.econbiz.de/10014496404
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An information metric of similarity of expectations
Cotter, Kevin D. - 1983
Persistent link: https://www.econbiz.de/10003518841