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This paper studies content strategies for online publishers of digital information goods. It examines sampling … strategies and compares their performance to paid content and free content strategies. A sampling strategy, where some of the … industry. We analyze optimal decisions concerning the size of the sample and the price of the paid content when sampling serves …
Persistent link: https://www.econbiz.de/10010856827
Even before the global crisis, the Italian economy was experiencing international difficulties, although the slow growth and declining share of world trade were accompanied by a perceptible process of manufacturing transformation. The paper uses data from the Bank of Italy’s survey of...
Persistent link: https://www.econbiz.de/10010876479
Research on innovation adoption has suffered from a bias towards understanding the factors that affect the dichotomous adoption/non-adoption decision. Much less attention is devoted to the question why potential adopters fail to progress to the adoption stage from earlier stages in the decision...
Persistent link: https://www.econbiz.de/10005150606
This paper discusses complementarities and tensions between competition policies and consumer protection policies. The paper argues that markets will often supply adequate customer protection without the need for extra public intervention. Special areas where intervention might be needed are...
Persistent link: https://www.econbiz.de/10005260332
For certain products, consumers' misinformation about quality is more endemic at intermediate levels of the quality spectrum rather than at the top or the bottom levels of quality. Using an oligopoly model of vertical product differentiation with three quality levels - green, natural, and brown...
Persistent link: https://www.econbiz.de/10010552970
Product quality is often unobservable ex-ante and consumers rely on experts’ judgments, sometimes coming under the form of ratings or awards. Do awards affect consumers’ choices or they are conferred to the most popular products? To disentangle this issue, we use data of the most important...
Persistent link: https://www.econbiz.de/10010843545
Herding arises when an agents private information is swamped by public information in what Jackson and Kalai (1997) call a recurring game. The agent will fail to reveal his own information and will follow the actions of his predecessor and, as a result, useful information is lost, which might...
Persistent link: https://www.econbiz.de/10010604901
analysis, reliability analysis, sampling, modeling, maps of statistical process control, specification of statistical tolerance …
Persistent link: https://www.econbiz.de/10014121856
The Anti-Red Shift -- to the Dark Side: Changes in the Colour Patterns and Market Values of Flemish Luxury Woollens, 1300 - 1550 This study documents, though it cannot fully explain, the striking shift in the spectrum of colour patterns in woollen textiles, from those of the Black Death era in...
Persistent link: https://www.econbiz.de/10005704782
If mankind’s three basic necessities have always been food, clothing, and shelter, whose production, trade, and consumption have rightly been a primary focus of economists and economic historians for many generations, we may ask this vital question: how do they distinguish between necessities...
Persistent link: https://www.econbiz.de/10005704785