Showing 1 - 10 of 87
Natural-resource taxation and investment exhibit cycles in a vast number of countries, driving political turmoil and power shifts. Using a rational-expectations model, we show cycles result from governments' inability to commit to future taxes and firms' inability to credibly exit a country...
Persistent link: https://www.econbiz.de/10012986681
The invention of new applications based on information and communications technologies (ICTs) has had two economic effects up to now. These applications have transformed production, creating value for applications-inventing companies and their customers and increasing economic growth through...
Persistent link: https://www.econbiz.de/10012988517
A growing number of surveys elicit respondents' expectations for future events on a 0-100 scale of percent chance. These data reveal substantial heaping at multiples of 10 and 5 percent, suggesting that respondents round their reports. This paper studies the nature of rounding by analyzing...
Persistent link: https://www.econbiz.de/10012920364
Online advertising offers unprecedented opportunities for measurement. A host of new metrics, clicks being the leading example, have become widespread in advertising science. New data and experimentation platforms open the door for firms and researchers to measure true causal effects of...
Persistent link: https://www.econbiz.de/10013034927
We combine national administrative data on earnings and participation in subsidized housing to study how the demolition of 160 public housing projects—funded by the HOPE VI program—affected the adult labor market outcomes for 18,500 children. Our empirical strategy compares children exposed...
Persistent link: https://www.econbiz.de/10014090433
Because consumer reviews leverage the wisdom of the crowd, the way in which they are aggregated is a central decision faced by platforms. We explore this "rating aggregation problem" and offer a structural approach to solving it, allowing for (1) reviewers to vary in stringency and accuracy, (2)...
Persistent link: https://www.econbiz.de/10013097277
We investigate the causal impact of broadband Internet on political participation using data from Italy. We show that … emergence of new political entrepreneurs who used the Internet to convert the initial "exit" back into "voice". Overall, these … nuanced effects underscore the general equilibrium dynamic induced by the Internet …
Persistent link: https://www.econbiz.de/10013082159
The internet has dramatically reduced the cost of varying prices, displays and information provided to consumers …
Persistent link: https://www.econbiz.de/10013092391
The internet has facilitated the creation of new markets characterized by large scale, increased customization, rapid …-commerce, internet job matching and financial exchanges, and other internet platforms. I also discuss the empirical evidence on … competition and consumer behavior in internet markets and some directions for future research …
Persistent link: https://www.econbiz.de/10013068482
The innovations that became the foundation for the Internet originate from two eras that illustrate two distinct models …
Persistent link: https://www.econbiz.de/10013070006