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The value of the internet for consumers
Pantea, Smaranda; Martens, Bertin - 2014
the value of leisure time spent online for which the consumer pays no monetary price and which has become increasingly … important as a leisure activity. We apply a methodology developed be Goolsbee and Klenow (2006), which relies on differences in … measure, leisure time spent on the internet generated a consumer surplus of between 0.6 and 1% of full income in 2011 in the …
Persistent link: https://www.econbiz.de/10011979940
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The Value of the Internet for Consumers
Pantea, Smaranda; Martens, Bertin - 2014
the value of leisure time spent online for which the consumer pays no monetary price and which has become increasingly … important as a leisure activity. We apply a methodology developed by Goolsbee and Klenow (2006), which relies on differences in … measure, leisure time spent on the internet generated a consumer surplus of between 0.6 and 1% of full income in 2011 in the …
Persistent link: https://www.econbiz.de/10014144976
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More than words : a global analysis of the socio-economic impact of Rich Interaction Applications (RIAs) : 28th ITS Europe, Passau, Germany
Arnold, René; Hildebrandt, Christian; Tas, Serpil; … - 2017
Applications such as iMessage, KakaoTalk, LINE, Signal, Skype, Snapchat, Threema, Viber, WhatsApp and WeChat have become an increasingly popular means of personal and business interaction. Surprisingly little academic effort has gone into understanding the nature and origin of these...
Persistent link: https://www.econbiz.de/10011778592
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Measuring consumer well-being from using zero price digital services : the case of navigation apps and location-based services
Sobolewski, Maciej - 2021
Digital maps and navigation applications are considered an essential tool by 70% of smartphone users. As these apps come predominantly free of charge, their contribution to consumer well-being cannot be captured by the common economic measures, like the GDP. This study demonstrates how the...
Persistent link: https://www.econbiz.de/10012424356
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Consumer Confidence as a Matter of Information and Regulation - Can it Enhance Social Welfare?
König, Jan C. L. - 2012
Confidence seems to replace certain knowledge and the necessity for specific information. It simplifies economical processes and procedures, it motivates investing, and obviously, it enhances welfare — if it was missing, innumerable dealings would not be made. Consequently, if confidence among...
Persistent link: https://www.econbiz.de/10013111255
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Accounting for innovations in consumer digital services : IT still matters
Byrne, David; Corrado, Carol - 2019
This paper develops a framework for measuring digital services in the face of ongoing innovations in the delivery of content to consumers. We capture what Brynjolfsson and Saunders (2009) call "free goods" as the capital services generated by connected consumers' stocks of IT digital goods; this...
Persistent link: https://www.econbiz.de/10012181748
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Challenges to the Conventional Wisdom About Mergers and Consumer Welfare in a Converging Internet Marketplace
Frieden, Rob - 2020
This paper identifies substantial flaws in how U.S. government agencies and courts assess the impact of proposed mergers by firms using broadband networks to reach consumers. Based on current market definitions, consumer impact assessments and economic doctrine, antitrust enforcement agencies...
Persistent link: https://www.econbiz.de/10014090155
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Loyalty programs and consumer behaviour : the impact of FFPs on consumer surplus
Behrens, Christiaan; McCaughey, Nathalie - 2015
Frequent Flier Programs (FFPs) are said to impact airline consumer behaviour such that revenue of sponsoring airlines increases. Prior research relies on aggregate industry data to study FFPs. We examine the impact of FFPs on individual consumer behaviour in a quasi-natural experimental set-up...
Persistent link: https://www.econbiz.de/10010510073
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The impact of food price volatility on consumer welfare in Cameroon
Kane, Gilles Quentin; Mabah Tene, Gwladys Laure; … - 2015
The objective of this paper is to analyse the welfare effects of food price volatility on Cameroonian consumers. Using data from the third Cameroonian Household Consumption Surveys, the price elasticities are obtained from a Quadratic Almost Ideal Demand System model. Price elasticities are then...
Persistent link: https://www.econbiz.de/10010467078
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Partitioned Pricing and Consumer Welfare
Tran, Kevin Ducbao - 2020
In online commerce, obfuscation strategies by sellers are hypothesized to mislead consumers to their detriment and to the profit of sellers. One such obfuscation strategy is partitioned pricing in which the price is split into a base price and add-on fees. While empirical evidence suggests that...
Persistent link: https://www.econbiz.de/10012825284