Showing 1 - 10 of 2,054
We study the incentives of a streaming platform to bias consumption when products are vertically differentiated. The … incentive to bias consumption in equilibrium: the platform being active represents a Pareto-improvement compared to the case in …-ante unaware of the existence of the sellers the platform can bias recommendations more freely, but joining the platform encourages …
Persistent link: https://www.econbiz.de/10014331542
We examine the relation between consumer search and equilibrium prices when collusion is endogenously determined. We develop a theoretical model and show that average price is a U-shaped function of the measure of searchers: prices are highest when there are no searchers (local monopoly power)...
Persistent link: https://www.econbiz.de/10012007152
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lives for three periods. Our results show how a paternalistic government may correct for the effects of anticipation-bias … ; adaptation ; habit-formation ; anticipation-bias ; paternalism …
Persistent link: https://www.econbiz.de/10009559801
tax evasion is subject to a self-serving bias. We find that tax morale is egoistically biased: Subjects with the …
Persistent link: https://www.econbiz.de/10010403224
equilibrium, inattention leads to inefficiently high tax rates and a taxation bias emerges. Combining structural and sufficient … find that the taxation bias is large, alters the progressivity of income taxes, and significantly reduces social welfare …
Persistent link: https://www.econbiz.de/10013193793
I derive a social planner's optimal information design in an environment with quasi-hyperbolic discounting consumers without commitment. Consumption induces instantaneous utility, but unknown delayed cost. Consumers may or may not acquire additional costless information on the cost parameter....
Persistent link: https://www.econbiz.de/10011902726
degree of bias due to selection neglect increases when other decision makers become more informed, or become more rational …
Persistent link: https://www.econbiz.de/10011982107
We study the inference and experimentation problem of an agent in a situation where the outcomes depend on the individual's intrinsic ability and on an external variable. We analyze the mistakes made by decision-makers who hold inaccurate prior beliefs about their ability. Overconfident...
Persistent link: https://www.econbiz.de/10011930663
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