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We use the introduction of a U.S. commercial credit bureau to study when lenders adopt voluntary information sharing technology and the resulting consequences for competition and credit access. Our results suggest that lenders trade off access to new markets against heightened competition for...
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Productive development policies (PDPs)-what used to be called industrial policies-are increasingly recognized as an essential part of the development toolkit, and the need for public-private cooperation is increasingly viewed as a key element for the successful design and implementation of such...
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Which types of networks favor the diffusion of innovations in the sense that an innovation whose intrinsic benefits are … very large payoff benefits in favor of the innovation. -- Diffiusion of innovations ; Small World Networks ; Contagion …
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