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Persistent link: https://www.econbiz.de/10012625002
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/10012911461
Artificial intelligence (AI) is surpassing human performance in a growing number of domains. However, there is limited evidence of its economic effects. Using data from a digital platform, we study a key application of AI: machine translation. We find that the introduction of a machine...
Persistent link: https://www.econbiz.de/10012912525
Artificial intelligence (AI) is surpassing human performance in a growing number of domains. However, there is limited evidence of its economic effects. Using data from a digital platform, we study a key application of AI: machine translation. We find that the introduction of an upgraded machine...
Persistent link: https://www.econbiz.de/10012915217
As digitization sweeps across industries and markets, analytics and data-driven decision-making (DDD) are becoming increasingly important. The adoption of analytics and DDD has been slower in small-to-medium enterprises (SMEs) compared to large firms, and reliable causal estimates of the impacts...
Persistent link: https://www.econbiz.de/10014345177
Persistent link: https://www.econbiz.de/10011915479
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
associated with less competition and higher prices but not with any improvement in customer satisfaction as measured by review …
Persistent link: https://www.econbiz.de/10012844298
Digital platforms provide a variety of technology-enabled tools that enhance market transparency, such as real-time monitoring, ratings of buyers and sellers, and low-cost complaint channels. How do these innovations affect moral hazard and service quality? We investigate this problem by...
Persistent link: https://www.econbiz.de/10012851503
associated with less competition and higher prices but not with any improvement in customer satisfaction as measured by review …
Persistent link: https://www.econbiz.de/10012479126