Showing 1 - 10 of 6,331
and to what extent the Internet will affect the location of economic activity. Even after the very substantial … making agglomeration more important. We argue that the Internet will produce more of the same forces for deagglomeration, but …. This is not likely to be affected by the Internet, which allows long distance 'conversations' but not 'handshakes.' …
Persistent link: https://www.econbiz.de/10013217194
aggregate moments from a panel of Internet users. We evaluate the fit of the model to key features of the data and use it to … compute the predictions of the supply model. We discuss how such a model can inform debates about the effects of the Internet …
Persistent link: https://www.econbiz.de/10013034676
Mediating transactions through the Internet removes important cues that salespeople can use to assess a consumer …'s willingness to pay. We analyze whether dealers' difficulty in identifying consumer characteristics on the Internet and consumers … discrimination. The second part of the paper turns to the role of the Internet. Online minority buyers who use the Internet Referral …
Persistent link: https://www.econbiz.de/10013242893
We correct and extend the results of Gans (2015) regarding the effects of net neutrality regulation on equilibrium outcomes in settings where a content provider sells its services to consumers for a fee. We examine both pricing and investment effects. We extend the earlier paper's result that...
Persistent link: https://www.econbiz.de/10012997888
Internet-based educational resources are proliferating rapidly. One concern associated with these (potentially …
Persistent link: https://www.econbiz.de/10013057833
This paper defines and analyzes a "sparse max" operator, which is a less than fully attentive and rational version of the traditional max operator. The agent builds (as economists do) a simplified model of the world which is sparse, considering only the variables of first-order importance. His...
Persistent link: https://www.econbiz.de/10013127754
This paper discusses and illustrates identification problems in personality psychology. The measures used by psychologists to infer traits are based on behaviors, broadly defined. These behaviors are produced from multiple traits interacting with incentives in situations. In general, measures...
Persistent link: https://www.econbiz.de/10013127766
We test empirically for evidence that government tariff-setting behavior depends on the degree of discretion with which policy-makers are endowed. We do this by studying government tariff choices under two distinct environments. One environment is that of tariffs set under the Escape Clause...
Persistent link: https://www.econbiz.de/10013127832
We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth. The model for firm growth is a partial equilibrium model drawing on the quality ladder models in the macro growth literature, but also on the literature on patent races and the...
Persistent link: https://www.econbiz.de/10013127899
A vibrant literature has emerged that suggests willingness to pay and willingness to accept measures of value are quite different for inexperienced consumers but that value differences erode with market experience. One potential shortcoming of this literature is that market experience is...
Persistent link: https://www.econbiz.de/10013127977