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The Power of Asking : How Communication Affects Selfishness, Empathy, and Altruism
Andreoni, James - 2010
communication between subjects. In reality, however, altruism usually requires interaction between givers and receivers, which … altruism are built on human sociality. We experimentally examine communication in which one subject allocates $10 between … other condition. When empathy was heightened by putting allocators "in the receivers shoes," altruism appeared as if …
Persistent link: https://www.econbiz.de/10013138083
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Narrative Economics
Shiller, Robert J. - 2017
This address considers the epidemiology of narratives relevant to economic fluctuations. The human brain has always been highly tuned towards narratives, whether factual or not, to justify ongoing actions, even such basic actions as spending and investing. Stories motivate and connect activities...
Persistent link: https://www.econbiz.de/10012964904
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Does Monetary Policy Matter? Narrative Versus Structural Approaches
Fair, Ray C. - 2021
This paper compares results from the narrative approach of Romer and Romer (1989) to those from the structural approach regarding the effects of monetary policy on real output. The results from both approaches lead to the conclusions that monetary policy matters and that the effects build slowly...
Persistent link: https://www.econbiz.de/10013230989
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Do Mood Swings Drive Business Cycles and is it Rational?
Beaudry, Paul - 2011
This paper provides new evidence in support of the idea that bouts of optimism and pessimism drive much of US business cycles. In particular, we begin by using sign-restriction based identification schemes to isolate innovations in optimism or pessimism and we document the extent to which such...
Persistent link: https://www.econbiz.de/10013117561
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The Effect of Privacy Regulation on the Data Industry : Empirical Evidence from Gdpr
Aridor, Guy; Che, Yeon-Koo; Salz, Tobias - 2022
Utilizing a novel dataset from an online travel intermediary, we study the effects of EU’s General Data Protection Regulation (GDPR). The opt-in requirement of GDPR resulted in 12.5% drop in the intermediary-observed consumers, but the remaining consumers are trackable for a longer period of...
Persistent link: https://www.econbiz.de/10014100575
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Search Engines and Data Retention : Implications for Privacy and Antitrust
Chiou, Lesley - 2017
This paper investigates whether larger quantities of historical data affect a firm's ability to maintain market share in Internet search. We study whether the length of time that search engines retained their server logs affected the apparent accuracy of subsequent searches. Our analysis...
Persistent link: https://www.econbiz.de/10012947653
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The Digital Privacy Paradox : Small Money, Small Costs, Small Talk
Athey, Susan - 2017
'Notice and Choice' has been a mainstay of policies designed to safeguard consumer privacy. This paper investigates distortions in consumer behavior when faced with notice and choice which may limit the ability of consumers to safeguard their privacy using field experiment data from the MIT...
Persistent link: https://www.econbiz.de/10012954461
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The Short-Run Effects of Gdpr on Technology Venture Investment
Jia, Jian - 2018
The General Data Protection Regulation (GDPR) came into effect in the European Union in May 2018. We study its short-run impact on investment in new and emerging technology firms. Our findings indicate negative post-GDPR effects on EU ventures, relative to their US counterparts. The negative...
Persistent link: https://www.econbiz.de/10012908155
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Privacy and Innovation
Goldfarb, Avi - 2014
Information and communication technology now enables firms to collect detailed and potentially intrusive data about …
Persistent link: https://www.econbiz.de/10013067852
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Privacy and Data-Based Research
Heffetz, Ori - 2013
What can we, as users of microdata, formally guarantee to the individuals (or firms) in our dataset, regarding their privacy? We retell a few stories, well-known in data-privacy circles, of failed anonymization attempts in publicly released datasets. We then provide a mostly informal...
Persistent link: https://www.econbiz.de/10013076177