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Do Digital Platforms Reduce Moral Hazard? The Case of Uber and Taxis
Liu, Meng - 2018
Digital platforms like Uber can enhance market transparency and mitigate moral hazard via ratings of buyers and sellers, real-time monitoring, and low-cost complaint channels. We compare driver choices at Uber with taxis by matching trips so they are subject to the same optimal route. We also...
Persistent link: https://www.econbiz.de/10012911461
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Consumer Protection in an Online World : An Analysis of Occupational Licensing
Farronato, Chiara - 2020
We study the effects of occupational licensing on consumer choices and market outcomes in a large online platform for residential home services. We exploit exogenous variation in the time at which licenses are displayed on the platform to identify the causal effects of licensing information on...
Persistent link: https://www.econbiz.de/10012844298
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Content Aggregation by Platforms : The Case of the News Media
Chiou, Lesley - 2015
The digitization of content has led to the emergence of platforms that draw information from multiple sources. Policymakers are concerned that these new platforms threaten incentives for the production of original content. As a result, policymakers are contemplating regulations that would force...
Persistent link: https://www.econbiz.de/10013018713
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Consumer Price Search and Platform Design in Internet Commerce
Dinerstein, Michael - 2015
Search frictions can explain why the "law of one price" fails in retail markets and why even firms selling commodity products have pricing power. In online commerce, physical search costs are low, yet price dispersion is common. We use browsing data from eBay to estimate a model of consumer...
Persistent link: https://www.econbiz.de/10013032706
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The Limits of Reputation in Platform Markets : An Empirical Analysis and Field Experiment
Nosko, Chris - 2015
We argue that reputation mechanisms used by platform markets suffer from two problems. First, buyers may draw conclusions about the quality of the platform from single transactions, causing a reputational externality across sellers. Second, for a variety of reasons we discuss, reputations will...
Persistent link: https://www.econbiz.de/10013030621
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Can Financial Incentives Help People Trying to Establish New Habits? Experimental Evidence with New Gym Members
Carrera, Mariana - 2017
We conducted a randomized controlled trial testing the effect of modest incentives to attend the gym among new members of a fitness facility, a population that is already engaged in trying to change a health behavior. Our experiment randomized 836 new members of a private gym into a control...
Persistent link: https://www.econbiz.de/10012951892
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The Consumption Response to Seasonal Income : Evidence from Japanese Public Pension Benefits
Stephens, Melvin - 2010
two identification strategies to monthly household panel data, we find that consumption significantly responds to …
Persistent link: https://www.econbiz.de/10013138326
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Getting to the Top of Mind : How Reminders Increase Saving
Karlan, Dean S. - 2010
fully attend to consumption in all periods but fail to attend to some future lumpy expenditure opportunities. This asymmetry …
Persistent link: https://www.econbiz.de/10013139968
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Consumption and the Great Recession
De Nardi, Mariacristina - 2011
We document some key facts about aggregate consumption and its subcomponents over time. We then document the behavior … of some important determinants of consumption, such as consumers' expectations about their future income, and changes in … consumption during the Great Recession can be explained by the observed drops in wealth and income expectations …
Persistent link: https://www.econbiz.de/10013117210
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Nonparametric Identification of Multinomial Choice Demand Models with Heterogeneous Consumers
Berry, Steven - 2010
We consider identification of nonparametric random utility models of multinomial choice using "micro data," i.e., observation of the characteristics and choices of individual consumers. Our model of preferences nests random coefficients discrete choice models widely used in practice with...
Persistent link: https://www.econbiz.de/10013151134