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Counterfeiters : Foes or Friends? How Do Counterfeits Affect Different Product Quality Tiers?
Qian, Yi - 2011
A key concern about counterfeits and weak intellectual property protection is that they may hamper innovation by …
Persistent link: https://www.econbiz.de/10012461872
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Explaining Product Price Differences Across Countries
Lipsey, Robert E. - 2007
A substantial part of international differences in prices of individual products, both goods and services, can be explained by differences in per capita income, wage compression, or low wage dispersion among low-wage workers, and short-term exchange rate fluctuations. Higher per capita income is...
Persistent link: https://www.econbiz.de/10012465414
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New Innovations in Payments
Rysman, Marc - 2016
We discuss prospects for innovation in consumer payment instruments. We discuss recent research into consumer payments …
Persistent link: https://www.econbiz.de/10012456318
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Like Me, Buy Me : The Effect of Soft Power on Exports
Rose, Andrew K. - 2015
perceived to have "a mainly positive or negative influence in the world." Holding other things constant, a country's exports are …
Persistent link: https://www.econbiz.de/10012457132
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Global Supply Chain Pressures, International Trade, and Inflation
Di Giovanni, Julian; Kalemli-Ozcan, Sebnem; Silva, Álvaro - National Bureau of Economic Research - 2022
We study the impact of the Covid-19 pandemic on Euro Area inflation and how it compares to the experiences of other countries, such as the United States, over the two-year period 2020-21. Our model-based calibration exercises deliver four key results: 1) Compositional effects - the switch from...
Persistent link: https://www.econbiz.de/10013334457
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Competitive Model Selection in Algorithmic Targeting
Iyer, Ganesh; Ke, T. Tony - National Bureau of Economic Research - 2023
This paper studies how market competition influences the algorithmic design choices of firms in the context of targeting. Firms face the general trade-off between bias and variance when choosing the design of a supervised learning algorithm in terms of model complexity or the number of...
Persistent link: https://www.econbiz.de/10014247922
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Biased Sampling of Early Users and the Direction of Startup Innovation
Cao, Ruiqing; Koning, Rembrand M.; Nanda, Ramana - National Bureau of Economic Research - 2021
Using data from a prominent online platform for launching new digital products, we document that the composition of the platform's 'beta testers' on the day a new product is launched has a systematic and persistent impact on the venture's success. Specifically, we use word embedding methods to...
Persistent link: https://www.econbiz.de/10012585366
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Induction and Evolution in the Origin of Inventions : Evidence from Smoking Cessation Products
Werfel, Seth H. - 2010
innovation in a socially desirable substitute. Evolutionary theory emphasizes the possibility of innovation waves associated with … products. It does appear, however, that dominant designs did have substantial positive innovation effects. More specifically … innovation effects at the firm level than among individual inventors …
Persistent link: https://www.econbiz.de/10012462114
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Dynamics of Consumer Demand for New Durable Goods
Gowrisankaran, Gautam - 2009
Most new consumer durable goods experience rapid prices declines and quality improvements, suggesting the importance of modeling dynamics. This paper specifies a dynamic model of consumer preferences for new durable goods with persistently heterogeneous consumer tastes, rational expectations,...
Persistent link: https://www.econbiz.de/10012463910
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Privacy and Innovation
Goldfarb, Avi - 2011
the extent and direction of data-based innovation. We also show that the impact of privacy regulation can be extremely … heterogeneous. Therefore, we argue that digitization means that privacy policy is now a part of innovation policy …
Persistent link: https://www.econbiz.de/10012461534