Showing 1 - 10 of 367
We examine the economies of density associated with the expansion of Amazon's distribution network from 2006 to 2018 … infer the cost savings from being closer to customers that render the observed network roll-out optimal. We find that Amazon … its distribution network expansion, this estimate implies that Amazon has reduced its total shipping cost by over 50% and …
Persistent link: https://www.econbiz.de/10012455320
We develop a quantitative theory of prices in firm-to-firm trade with bilateral negotiations and two-sided market power. Markups reflect oligopoly and oligopsony forces, with relative bargaining power as weight. Cost pass-through elasticities into import prices can be incomplete or complete,...
Persistent link: https://www.econbiz.de/10014287354
Financial network structure is an important determinant of systemic risk. This paper examines how the U.S. interbank … network evolved over a long and important period that included two key events: the founding of the Federal Reserve and the …, initially reducing overall network concentration. The network became even more focused on Fed cities during the Depression, as …
Persistent link: https://www.econbiz.de/10012479982
, summary network parameters (e.g., the degree distribution or transitivity index); and (iii) empirical models of strategic … network formation admitting interdependencies in preferences. Current research challenges and open questions are also …
Persistent link: https://www.econbiz.de/10012480521
I build a simple dynamic model of the formation of an international social network of importers and exporters. Firms … can only export into markets in which they have a contact. They acquire new contacts both at random, and via their network …
Persistent link: https://www.econbiz.de/10012461905
financial institutions. Focusing on a multi sector economy linked through a supply network, we show how structural properties of … the supply network determine both whether aggregate volatility disappears as the number of sectors increases (i … aggregate output from its mean) to sector-specific volatility and to the structural properties of the supply network …
Persistent link: https://www.econbiz.de/10012462141
linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 …-1994. The interaction of this pre-existing network structure with patent growth in upstream technology fields has strong …
Persistent link: https://www.econbiz.de/10012455897
This paper presents and structurally estimates a model of endogenous network formation and legislative activity of … of Congress as exogenously given and instead embed it in a model of endogenous network formation useful for developing …
Persistent link: https://www.econbiz.de/10012455924
network as valuable to serve independently, increasing the surplus generated by a foreign acquisition. From the theory we …
Persistent link: https://www.econbiz.de/10012460246
We examine manufacturers' decisions of whether and how to offer their products for sale over the internet. Manufacturers that rely on promotion of their products by brick and mortar retailers must consider the possibility that internet retailers can free ride off of that promotional effort. This...
Persistent link: https://www.econbiz.de/10012470662