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We nowcast world trade using machine learning, distinguishing between tree-based methods (random forest, gradient boosting) and their regression-based counterparts (macroeconomic random forest, linear gradient boosting). While much less used in the literature, the latter are found to outperform...
Persistent link: https://www.econbiz.de/10014374780
Today's economy is characterized by increased competition, faster product development and increased product differentiation. As a consequence product lifecycles become shorter and demand patterns become more volatile which especially affects the retail industry. This new situation imposes...
Persistent link: https://www.econbiz.de/10011656506
KI-Modelle und Machine-Learning-Anwendungen halten Einzug in die alltägliche Praxis von Unternehmen und können mitbestimmt werden. Um die Interessen und Rechte der Beschäftigten zu berücksichtigen und zu schützen, sollten die aktuellen Regelungen in betrieblichen IT-Vereinbarungen...
Persistent link: https://www.econbiz.de/10012669333
Scientific, political and bureaucratic elites use epistemic practices like “big data analysis” and “web scraping” to create representations of the citizenry and to legitimize policymaking. I develop the concept of “demos scraping” for these practices of gaining information about...
Persistent link: https://www.econbiz.de/10012222234
Die Markttransparenzstelle für den Großhandel mit Strom und Gas verwaltet Daten zu Absatzmengen und Preisen von Verträgen zu Strom und Gas. Diese Daten werden zur Verhinderung von Marktmanipulationen erhoben; sie stellen gleichzeitig eine neue vielversprechende Quelle für die Preisstatistik...
Persistent link: https://www.econbiz.de/10014305298
This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first discuss the most crucial features of digital markets such as network effects, multi-sidedness, big data, and rapid innovation that create important challenges for competition...
Persistent link: https://www.econbiz.de/10012179784
This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first discuss the most crucial features of digital markets such as network effects, multi-sidedness, big data, and rapid innovation that create important challenges for competition...
Persistent link: https://www.econbiz.de/10012152708
This paper outlines the modern industrial organization theory of media markets including competition policy implications. After recapturing fundamentals of industrial organization theory in a non-technical way, the state of the art of (i) modern platform economics, (ii) the economics of the...
Persistent link: https://www.econbiz.de/10011906448
The ubiquitous process of digitization changes economic competition on markets in several ways and leads to the … emergence of new business models. The increasing roles of digital platforms as well as data-driven markets represent two … digital goods and markets. In Germany, national competition law was amended in 2017 in order to accommodate for digitization …
Persistent link: https://www.econbiz.de/10011927073
der Digitalisierung handelt es sich um ein dynamisch wachsendes und sich entwickelndes Gebiet, welches aber bisher kaum …
Persistent link: https://www.econbiz.de/10011637661