This paper studies the role of observational learning in search markets where buyers do not take the list price as a take-it-or-leave-it offer. Using a unique data from the Beijing housing market, we estimate a structural model in which buyers infer a seller’s reservation value from the...

I study the implications of preference uncertainty in a consumer search environment with and without tracking. Consumers encounter information that is predictive about their type while searching. Depending on what con- sumers learn, they stop searching without a purchase and before sampling all...

Are students from one of the high tech universities in the world fully aware of their permanent linkage to the global learning network, the World Wide Web? In their pockets, backpacks, and purses are the latest smartphones loaded will countless apps. But, how aware are these students of the use...

The paper is devoted to an econometric analysis of learning foreign languages in all parts of the world. Our sample covers 193 countries and 13 important languages. Four factors significantly explain learning, two of which affect the broad decision to learn, while two concern as well the choice...

The paper is devoted to an econometric analysis of learning foreign languages in all parts of the world. Our sample covers 193 countries and 13 important languages. Four factors significantly explain learning, two of which affect the broad decision to learn, while two concern as well the choice...

Aspects of internationalization found widespread interest in academic research. However, research attention has largely focussed on prominent large firms. Compared to research on multinational enterprises the state of knowledge about the internationalization of entrepreneurial companies is...

Given the accelerated aging of the global population, countries must prepare to assure their older adults' welfare. The Internet appears to be a means of ensuring that everybody, regardless of age, has access to information and can stay in touch. Data so far show the existence of a digital...

Markets for digital information goods provide the possibility of exploring new and more complex pricing schemes, due to information goods' flexibility and negligible marginal cost. In this paper we compare the dynamic performance of price schedules of varying complexity under two different...

The purpose of the paper is to show the importance of cognitive and affective process of computer and ICT usage, both in learning and in their daily work tasks. In the paper is used comparative method. It has been concluded that an individual has an active role and the use of ICT enables,...

As one of the prominent areas of FinTech, mobile payment is increasingly accepted by more and more consumers. To investigate consumer mobile payment adoption behavior, we develop a Bayesian learning structural model using a rich data set from JD.com, the largest direct selling online retailer in...