Similar Search Results

Do Digital Platforms Reduce Moral Hazard? The Case of Uber and Taxis

Liu, Meng - 2018

Digital platforms like Uber can enhance market transparency and mitigate moral hazard via ratings of buyers and sellers, real-time monitoring, and low-cost complaint channels. We compare driver choices at Uber with taxis by matching trips so they are subject to the same optimal route. We also...

Persistent link: https://www.econbiz.de/10012480668

The Impact of Aggregators on Internet News Consumption

Athey, Susan; Mobius, Markus; Pal, Jeno - National Bureau of Economic Research - 2021

sites. Many publishers view aggregators as substitutes for traditional news consumption while aggregators view themselves as … in response to a copyright reform enacted in December 2014. We compare the news consumption of a large number of Google … reduces overall news consumption by about 20% for treatment users, and reduces page views on publishers other than Google News …

Persistent link: https://www.econbiz.de/10012510625

Consumer Protection in an Online World : An Analysis of Occupational Licensing

Farronato, Chiara - 2020

We study the effects of occupational licensing on consumer choices and market outcomes in a large online platform for residential home services. We exploit exogenous variation in the time at which licenses are displayed on the platform to identify the causal effects of licensing information on...

Persistent link: https://www.econbiz.de/10012479126

Content Aggregation by Platforms : The Case of the News Media

Chiou, Lesley - 2015

The digitization of content has led to the emergence of platforms that draw information from multiple sources. Policymakers are concerned that these new platforms threaten incentives for the production of original content. As a result, policymakers are contemplating regulations that would force...

Persistent link: https://www.econbiz.de/10012457264

The Limits of Reputation in Platform Markets : An Empirical Analysis and Field Experiment

Nosko, Chris - 2015

We argue that reputation mechanisms used by platform markets suffer from two problems. First, buyers may draw conclusions about the quality of the platform from single transactions, causing a reputational externality across sellers. Second, for a variety of reasons we discuss, reputations will...

Persistent link: https://www.econbiz.de/10012457836

Consumer Price Search and Platform Design in Internet Commerce

Dinerstein, Michael - 2014

Search frictions can explain why the "law of one price" fails in retail markets and why even firms selling commodity products have pricing power. In online commerce, physical search costs are low, yet price dispersion is common. We use browsing data from eBay to estimate a model of consumer...

Persistent link: https://www.econbiz.de/10012458251

Digital Hermits

Miklós-Thal, Jeanine; Goldfarb, Avi; Haviv, Avery M.; … - National Bureau of Economic Research - 2023

When a user shares multi-dimensional data about themselves with a firm, the firm learns about the correlations of different dimensions of user data. We incorporate this type of learning into a model of a data market in which a firm acquires data from users with privacy concerns. User data is...

Persistent link: https://www.econbiz.de/10014226117

Automating Automaticity : How the Context of Human Choice Affects the Extent of Algorithmic Bias

Agan, Amanda Y.; Davenport, Diag; Ludwig, Jens; … - National Bureau of Economic Research - 2023

Consumer choices are increasingly mediated by algorithms, which use data on those past choices to infer consumer preferences and then curate future choice sets. Behavioral economics suggests one reason these algorithms so often fail: choices can systematically deviate from preferences. For...

Persistent link: https://www.econbiz.de/10014226178

Platform Information Provision and Consumer Search : A Field Experiment

Fang, Lu; Chen, Yanyou; Farronato, Chiara; Yuan, Zhe; … - National Bureau of Economic Research - 2024

Despite substantial efforts to help consumers search in more intuitive ways, text search remains the predominant tool for product discovery online. In this paper, we explore the effects of visual and textual cues for search refinement on consumer search and purchasing behavior. We collaborate...

Persistent link: https://www.econbiz.de/10014486191

The Impact of Fake Reviews on Demand and Welfare

Akesson, Jesper; Hahn, Robert William; Metcalfe, Robert D. - National Bureau of Economic Research - 2023

Although fake online customer reviews have become prevalent on platforms such as Amazon, Google, and Facebook, little is known about how these reviews influence consumer behavior. This paper provides the first experimental estimates of the effects of fake reviews on individual demand and...

Persistent link: https://www.econbiz.de/10014436967

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