Showing 1 - 10 of 193
National industrial concentration in the U.S. has risen sharply since the early 1980s, but there remains dispute over whether local geographic concentration has followed a similar trend. Using near population data from the Economic Censuses, we confirm and extend existing evidence on national...
Persistent link: https://www.econbiz.de/10014250148
We study changes in markups across 72 product markets from 2006 to 2018. A growing literature has documented a rise in markups over time using a production function approach; we instead employ the standard microeconomic method, which is to estimate demand and then invert firms' first-order...
Persistent link: https://www.econbiz.de/10014287331
inputs, and product characteristics with plausibly exogenous variation in the availability and adoption of broadband internet …, this paper provides causal evidence on how the internet affected the traditional print media market. Household adoption of … broadband internet triggered large reductions in print readership and circulation and equally large increases in online news …
Persistent link: https://www.econbiz.de/10014226136
With the rise of social media and streaming platforms, firms and brand-owners increasingly depend on influencers to attract consumers, who care about both common product quality and consumer-influencer interaction. Sellers thus compete in both influencer and product markets. As outreach and...
Persistent link: https://www.econbiz.de/10014287344
The economic literature on online auctions is rapidly growing because of the enormous amount of freely available field data. Moreover, numerous innovations in auction-design features on platforms such as eBay have created excellent research opportunities. In this article, we survey the...
Persistent link: https://www.econbiz.de/10012465877
We examine the competition between a group of Internet retailers that operate in an environment where a price search …
Persistent link: https://www.econbiz.de/10012468123
This paper surveys recent studies of Internet auctions. Four main areas of research are summarized. First, economists …'s curse. Third, we explore research about the role of reputation in online auctions. Finally, we discuss what Internet …
Persistent link: https://www.econbiz.de/10012468618
We study the tendency to connect to the Internet, and the online and offline shopping behavior of connected persons, to … draw inferences about whether the Internet is a substitute or a complement for cities. We document that larger markets have … content, suggesting the Internet is a complement to cities. Yet, holding local online content constant, people are less likely …
Persistent link: https://www.econbiz.de/10012468670
dataset on 1998-99 Internet shopping behavior and use of information intermediaries by over 30,000 households to examine … strategy and the evolution of market structure. If information weakens the pull of brand, then Internet retailing may grow less …
Persistent link: https://www.econbiz.de/10012468755
This paper explores the level and dispersion of premiums paid for individual health insurance by comparing asking price' data posted on an electronic insurance exchange with survey data on premiums actually paid in the period just before the advent of electronic exchanges. The primary...
Persistent link: https://www.econbiz.de/10012469408