Showing 1 - 10 of 430
I generalize the "noisy search" model of Burdett and Judd (1983) to settings where individual buyers have preferences over the number of other buyers who visit the same seller as them. I consider a version in which buyers have a preference for social distancing derived from the risk of...
Persistent link: https://www.econbiz.de/10012824914
For much of 2020, the COVID-19 epidemic upended social and economic life globally. In an effort to reduce COVID-19 risks in the U.S., state and local governments issued many recommendations and regulations to induce social distancing, adding to voluntary reductions in interpersonal contact. The...
Persistent link: https://www.econbiz.de/10013227054
We study the effect of price salience on whether a product is purchased and, conditional on purchase, the quality purchased. Consistent with our theoretical predictions, we find that making the full purchase price salient to consumers reduces both the quality and quantity of goods purchased. The...
Persistent link: https://www.econbiz.de/10012909112
This paper analyzes weekly scanner data collected for 108 groups at the county level between 2006 and 2014. The data display multi-dimensional weekly seasonal effects that are not exactly periodic but are cross-sectionally dependent. Existing univariate procedures are imperfect and yield...
Persistent link: https://www.econbiz.de/10013324622
One of the most common policy prescriptions to reduce the spread of COVID-19 has been to legally enforce social distancing through state or local shelter-in-place orders (SIPOs). This paper is the first to explore the comparative effectiveness of early county-level SIPOs versus later statewide...
Persistent link: https://www.econbiz.de/10012833074
Little is known about individual beliefs concerning the Coronavirus Disease 2019 (COVID-19). Still less is known about how these beliefs influence the spread of the virus by determining social distancing behaviors. To shed light on these questions, we conduct an online experiment (n = 3,610)...
Persistent link: https://www.econbiz.de/10012833113
This short note constructs Mobility Zones to facilitate the discussion on the geographic extent of individual mobility restrictions to control the spread of Covid-19. Mobility Zones are disjoint sets of counties where a given level of individual mobility directly or indirectly connects all...
Persistent link: https://www.econbiz.de/10012833114
This study quantifies the effect of state reopening policies on daily mobility, travel, and mixing behavior during the COVID-19 pandemic. We harness cell device signal data to examine the effects of the timing and pace of reopening plans in different states. We quantify the increase in mobility...
Persistent link: https://www.econbiz.de/10012833116
South Korea publicly disclosed detailed location information of individuals that tested positive for COVID-19. We quantify the effect of public disclosure on the transmission of the virus and economic losses in Seoul. The change in commuting patterns due to public disclosure lowers the number of...
Persistent link: https://www.econbiz.de/10012833121
This paper examines the determinants of social distancing during the COVID-19 epidemic. We classify state and local government actions, and we study multiple proxies for social distancing based on data from smart devices. Mobility fell substantially in all states, even ones that have not adopted...
Persistent link: https://www.econbiz.de/10012835761