Showing 1 - 10 of 483
less educated consumers with lower savings are most affected. Our findings highlight the important role of competition …
Persistent link: https://www.econbiz.de/10012118754
How important is Google for scientific research? This paper exploits the exogenous shock represented by Google's sudden withdrawal of its services from mainland China to assess the importance of access to information for the knowledge production function of scientific scholars in the field of...
Persistent link: https://www.econbiz.de/10014504787
We study the interplay between quality provision and consumer search in a search market where firms may design products of inferior quality to promote them to naive consumers who fail to fully understand product characteristics. We derive an equilibrium in which both superior and inferior...
Persistent link: https://www.econbiz.de/10014476771
A large literature studies subjective beliefs about economic facts using unincentivized survey questions. We devise randomized experiments in a representative online survey to investigate whether incentivizing belief accuracy affects stated beliefs about average earnings by professional degree...
Persistent link: https://www.econbiz.de/10012033460
Platforms often display their products ahead of third-party products in search. Is this due to consumers preferring platform-owned products or platforms engaging in self-preferencing by biasing search towards their own products? What are the welfare implications? I develop a structural model of...
Persistent link: https://www.econbiz.de/10014495178
correlated with its quality. Open source may weaken or invert this relationship by giving Bertrand competition losers a second … chance. It however follows that though open source leads to more competition and more standardization, the chosen standard …
Persistent link: https://www.econbiz.de/10012502981
on actual competition and contract outcomes are ambiguous. We pool a decade of US federal procurement data to shed light …
Persistent link: https://www.econbiz.de/10013282669
We investigate the impact of product market competition on firms’ automation investments. We use a rich combination of … micro-data on Portuguese exporters and exploit a novel source of variation in the degree of competition they face – a tariff … competition in export markets tend to reduce investments in automation technologies. These average negative effects are driven by …
Persistent link: https://www.econbiz.de/10014487176
We analyze platform competition where user data is collected to improve adtargeting. Considering that users incur … overall competition is weak or if targeting benefits are low, too much private data is collected, and vice-versa. Further, we … find that softer competition on either market side leads to more data collection, which implies substitutability between …
Persistent link: https://www.econbiz.de/10011897071
How does antitrust enforcement against patent-based monopolies affect innovation? I address this question by empirically studying the US antitrust case against Xerox, the monopolist in the market for plain-paper copiers. In 1975, Xerox was ordered to license all its copier-technology patents in...
Persistent link: https://www.econbiz.de/10014479185