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Digital technology is the representation of information in bits, reducing the costs of collecting, storing, and parsing customer data. This has led to a reduction of five costs: Search costs, replication costs, transportation costs, tracking costs, and verification costs. In this article, we...
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We show that gravity holds in the case of digital goods that are consumed over the Internet and have no trading costs …, even after controlling for country-level Internet expertise, language, income, immigrant stock, and many other factors …
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This paper explores how digitization and the associated use of customer data have affected the evolution of consumer privacy concerns. We measure privacy concerns by reluctance to disclose income in an online marketing research survey. Using over three million responses over eight years, our...
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