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Social preferences under risk: an experimental analysis
Bradler, Christiane - 2009
whether this type of behavior persists when risk comes into play. I devise an experiment which sheds light on the … interrelation of risk and social preferences by measuring (1) individual risk preferences, (2) interpersonal risk preferences, and … (3) social preferences under certainty. The results reveal that a large share of subjects choose to accept more risk or …
Persistent link: https://www.econbiz.de/10010299505
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Social preferences under risk: an experimental analysis
Bradler, Christiane - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2009
whether this type of behavior persists when risk comes into play. I devise an experiment which sheds light on the … interrelation of risk and social preferences by measuring (1) individual risk preferences, (2) interpersonal risk preferences, and … (3) social preferences under certainty. The results reveal that a large share of subjects choose to accept more risk or …
Persistent link: https://www.econbiz.de/10008500715
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Network Externalities and Interconnection Incentives
Vanberg, Margit A. - 2005
The majority of industrial organizations literature on network externalities looks at firm behavior under given market characteristics. The present paper instead asks the question whether the presence of network externalities can change market characteristics, specifically, whether an initially...
Persistent link: https://www.econbiz.de/10010297492
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Do Spillovers Stimulate Incremental or Drastic Product Innovations? Hypotheses and Evidence from German Establishment Data
Jirjahn, Uwe; Kraft, Kornelius - 2006
We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive impact on incremental innovations. This impact is largely independent of the participation in R&D cooperations. Spillovers exert no such independent influence on drastic...
Persistent link: https://www.econbiz.de/10010297531
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Implications of Network Convergence on Local Access Regulation in the U.S. and the EU
Vanberg, Margit A. - 2007
This paper provides an overview of telecommunications regulation in the U.S. and in Europe. For each region the history of telecommunications regulations as well as the current regulatory regime is portrayed. The focus of this overview is on the question of how unbundling regulations in the...
Persistent link: https://www.econbiz.de/10010297919
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Who should pay for certification?
Stahl, Konrad; Strausz, Roland - 2011
Who does, and who should initiate costly certification by a third party under asymmetric quality information, the buyer or the seller? Our answer - the seller - follows from a nontrivial analysis revealing a clear intuition. Buyer-induced certification acts as an inspection device,...
Persistent link: https://www.econbiz.de/10010306003
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Consumer search and firm strategy with multi-attribute products
Gambato, Jacopo - 2024
I analyze a model of directed search in which a consumer inspects a finite number of products sharing attributes with each others. The consumer discovers her valuation for the attributes of the inspected products and adapts her search strategy based on what she has learned. The consumer...
Persistent link: https://www.econbiz.de/10014567496
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When private information settles the bill: Money and privacy in Google's market for smartphone applications
Kummer, Michael E.; Schulte, Patrick - 2016
We shed light on a money-for-privacy trade-off in the market for smartphone applications ("apps"). Developers offer their apps cheaper in return for greater access to personal information, and consumers choose between lower prices and more privacy. We provide evidence for this pattern using data...
Persistent link: https://www.econbiz.de/10011454014
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Consumer salience and quality provision in (un)regulated public service markets
Gu, Yiquan; Rasch, Alexander; Wenzel, Tobias - 2020
This paper examines the publication of quality indicators in service markets with public finance systems, such as education and healthcare markets. We provide a spatial model of product differentiation in which the reporting of such indicators increases consumers' decision weight on quality...
Persistent link: https://www.econbiz.de/10012405657
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In vi(vi)no veritas? Expertise, review accuracy and reputation inflation
Janßen, Rebecca; Ribar, Matthew K. - 2023
Review systems including quantitative measures as well as text-based expression of experiences are omnipresent in today's digital platform economy. This paper studies the existence of reputation inflation, i.e. unjustified increases in ratings, with a special focus of heterogeneity between...
Persistent link: https://www.econbiz.de/10014476409