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Online recommendation systems recommend products with widely different prices than that of their focal products. While conventional wisdom suggests that consumers may prefer lower priced recommendations, prior literature also indicates that consumers may not accept such products if their prices...
Persistent link: https://www.econbiz.de/10012868331
Do personalized offerings enabled by big data only bring economic benefits to firms but not to consumers? In this paper, we seek to address this question by examining a particular category of personalized offerings provided by algorithmic product recommendation systems. While the economic value...
Persistent link: https://www.econbiz.de/10012392741
One of the main reasons for poor state of education in developing countries is an inability to meet the heterogeneous learning needs of a large student population with constrained educational resources. We provide experimental evidence that computer-generated personalized homework can...
Persistent link: https://www.econbiz.de/10014128292