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–averse consumers’ willingness to pay by product information in the form of informative advertising rather than by prices. We find that … attributes - is disclosed, and that partial information disclosure is the optimal mode of advertising for a monopolistic firm …
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This paper examines the impact of exposure to foreign media on the economic behavior of agents in a totalitarian regime. We study private consumption choices focusing on former East Germany, where differential access to Western television was determined by geographic features. Using data...
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viewership. These patterns are inconsistent with informative or persuasive advertising effects and suggest complementarity …
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Digital media goods and digital media platforms exhibit cost structures and network effects that imply that price and quantity effects of consumption taxes are qualitatively different compared to what we typically find for physical goods. For instance, in most European countries and US states,...
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