Showing 1 - 10 of 121
Prosumers are becoming increasingly important in global energy consumption and production. We partner with an energy service provider in Sweden to explore the economics facing such agents by conducting a natural field experiment over a 32-month period. As a policy instrument, we explore how...
Persistent link: https://www.econbiz.de/10015056163
This chapter examines the multifaceted interactions between top digital platforms and technology ventures across capital, labor, innovation, and product markets. Exploring how venture investments, talent flows, strategic alliances, and competitive behaviors can shape the innovation ecosystem,...
Persistent link: https://www.econbiz.de/10015195016
This paper studies the effect of nonlinear pricing on markups and misallocation. We develop a general equilibrium model of firms that are allowed to set a quantity-dependent pricing schedule--contrary to the typical assumption in macroeconomic models. Without the restriction to linear pricing,...
Persistent link: https://www.econbiz.de/10015145095
Adverse selection is a classic market failure known to limit or "unravel"' trade in high-quality insurance and many other economic settings. While the standard theory emphasizes quality distortions, we argue that selection has another big-picture implication: it unravels competition among...
Persistent link: https://www.econbiz.de/10015145138
We present several empirical facts about trends in marketing investment in the US. We also present estimates of the private value of brands to firms and aggregate intangible brand capital stocks created by these investments. These investments include the creation and maintenance of a brand name...
Persistent link: https://www.econbiz.de/10013334364
Over the past decade, an increasing number of firms have delegated pricing decisions to algorithms in consumer markets such as travel, entertainment, and retail; business markets such as digital advertising; and platform markets such as ride-sharing. This trend, driven primarily by the increased...
Persistent link: https://www.econbiz.de/10014576568
For birth cohorts 1935-44, 1945-62, and 1964-74, we estimate the contribution of education; permanent heterogeneity in …, fertility, and nonlabor income. We find that education and employment heterogeneity are key sources of the rise in the variance …
Persistent link: https://www.econbiz.de/10015145073
whether education influences adults' preferences regarding the attributes they wish to instill in children is missing. This … paper seeks to fill that gap. Utilizing compulsory education reforms implemented in 19 European countries and data from the …--we demonstrate that women who acquired additional education due to these reforms are more likely to prioritize imagination …
Persistent link: https://www.econbiz.de/10015145086
-economic effects in terms of living standards, education, health, and gender equality, which appear to be unprecedented in depth and …
Persistent link: https://www.econbiz.de/10012660017
on preschool blood lead levels (BLLs) matched to education data for all students in North Carolina public schools. We …
Persistent link: https://www.econbiz.de/10012533331