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Incorporating agents' imperfect knowledge of the distribution of preferences opens up to analysis several new questions. The first is social psychologists' practice of "norms-based interventions", namely campaigns and messages that seek to alter people's perceptions of what constitutes "normal"...
Persistent link: https://www.econbiz.de/10012461079
This article reviews the growing economics literature that studies the politico-economic impacts of heterogeneity in moral boundaries across individuals and cultures. The so-called universalism-versus-particularism cleavage has emerged as a main organizing principle behind various salient...
Persistent link: https://www.econbiz.de/10014372458
We show how uncertainty shapes the asset allocation, composition, productivity, and value of capital-intensive firms. We do so using detailed, near-universal data on shipping firms' new orders, secondary-market transactions, and demolition of ships. Firms curtail both the acquisition and...
Persistent link: https://www.econbiz.de/10012585455
"Changes in technologies for reproducing and redistributing digital goods (e.g., music, movies, software, books) have … sales of complementary non-digital products. We examine the negative impact of file-sharing on recorded music sales and …
Persistent link: https://www.econbiz.de/10008738354
. While bias is inherently difficult to measure, we identify a context within the music industry that is amenable to bias … challenges that independent-label artists and women face in the music industry, Spotify's New Music curation appears to favor … type attains greater success, conditional on ex ante assessment. Theoretical considerations and voiced industry concerns …
Persistent link: https://www.econbiz.de/10012599307
This paper exploits exogenous variation in the adoption of copyrights - as a result of the timing of Napoléon's military victories in Italy - to examine the effects of copyrights on creativity. To measure changes in creative output we compare changes in the creation of new operas across states...
Persistent link: https://www.econbiz.de/10012482065
This paper studies the role of consumer learning in the demand for recorded music by examining the impact of an artist …
Persistent link: https://www.econbiz.de/10012466405
There is a puzzle arising from empirical analyses of the impact of music piracy that this has caused declines in music … music. There have been numerous explanations posited and this paper adds a novel one: that artists are time inconsistent and … expectations of piracy are not a concern as these impact on monetary awards that are not driving entry. When selling out is …
Persistent link: https://www.econbiz.de/10012458502
music and dance videos for 3-5 minutes per day to increase vocabulary. We conducted a field experiment with 818 preschool …
Persistent link: https://www.econbiz.de/10014486224
There are a host of potentially risky behaviors in which youth engage, which have important implications for both their well being as youth and their life prospects. The past decade has seen dramatic shifts in the intensity with which youths pursue these risky activities: for example, youth...
Persistent link: https://www.econbiz.de/10012470969