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-communication, as the information transmitted is lower than what theory predicts in the most informative equilibrium. Senders are worse …
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The welfare contributions of the digital economy, characterized by the proliferation of new and free goods, are not well-measured in our current national accounts. We derive explicit terms for the welfare contributions of these goods and introduce a new metric, GDP-B which quantifies their...
Persistent link: https://www.econbiz.de/10012890235
-communication, as the information transmitted is lower than what theory predicts in the most informative equilibrium. Senders are worse …
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, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to …
Persistent link: https://www.econbiz.de/10003923092