Dai, Weijia; Kim, Hyunjin; Luca, Michael - National Bureau of Economic Research - 2023
Measuring the returns of advertising opportunities continues to be a challenge for many businesses. We design and run a … businesses gain more from digital advertising. We randomly assign 7,209 restaurants to freely receive Yelp's standard ads package … for three months. The scale of the experiment gives us a unique opportunity to assess the heterogeneity in advertising …