Showing 1 - 10 of 464
By reducing the costs of environmental protection, technological change is important for promoting green growth. This entails both the creation of new technologies and more widespread deployment of existing green technologies. This paper reviews the literature on environmentally friendly...
Persistent link: https://www.econbiz.de/10013065135
predict would have responded more to algorithmic advice were less likely to demand it.Institutional subscribers to the NBER …
Persistent link: https://www.econbiz.de/10012867905
We interpret recent developments in the field of artificial intelligence (AI) as improvements in prediction technology. In this paper, we explore the consequences of improved prediction in decision-making. To do so, we adapt existing models of decision-making under uncertainty to account for the...
Persistent link: https://www.econbiz.de/10012929013
In numerous high stakes markets skilled experts play a key role in facilitating consumer choice of complex products. New artificial intelligence (AI) technologies are increasingly being used to augment expert decisions. We study the role of technology and expertise in the market for health...
Persistent link: https://www.econbiz.de/10013315315
competitors. We formulate a model of newspaper demand, entry, and political affiliation choice in which newspapers compete for … novel data on newspaper circulation, costs, and revenues. The estimated model implies that competition enhances ideological … diversity, that the market undersupplies diversity, and that optimal competition policy requires accounting for the two …
Persistent link: https://www.econbiz.de/10013103522
productivity gaps, but rather differences in demand-side fundamentals. We document and explore patterns in plants' idiosyncratic … demand levels by estimating a dynamic model of plant expansion in the presence of a demand accumulation process (e … passive demand accumulation, and that within-firm spillovers affect demand levels but not growth …
Persistent link: https://www.econbiz.de/10013066598
The impact of insurer competition on welfare, negotiated provider prices, and premiums in the U.S. private health care … industry is theoretically ambiguous. Reduced competition may increase the premiums charged by insurers and their payments made … hospital-insurer bargaining over premiums and reimbursements, household demand for insurance, and individual demand for …
Persistent link: https://www.econbiz.de/10013076578
. Equilibrium price dispersion is derived in a setting with costly capacity and demand uncertainty where different fares can be … find evidence that strongly supports both predictions of the models. After controlling for the effect of aggregate demand …
Persistent link: https://www.econbiz.de/10012776963
We develop theory and present a suite of theoretically consistent empirical measures to explore the extent to which market intervention inadvertently alters resource allocation in a sequentialmove principal/agent game. We showcase our approach empirically by exploring the extent to which the...
Persistent link: https://www.econbiz.de/10012778096
Crop biodiversity has the potential to enhance resistance to strains due to biotic and abiotic factors and to improve … crop production and farm revenues. To investigate the effect of crop biodiversity on crop productivity, we build a …
Persistent link: https://www.econbiz.de/10012954450