Drip pricing is the business practice of decomposing the price into multiple components which are presented sequentially to buyers. We experimentally examine the effects of this practice on seller strategies and buyer behavior as well as the implications for regulation. Sellers set two prices: a...

There can be no doubt that the FANG companies – Facebook, Amazon, Netflix and Google, as well as Twitter – have transformed society since their emergence. Like all social transformations, the changes wrought by their services have had ripple effects that are both positive and negative. On...

Facebook, Amazon, Netflix and Google, as well as Twitter – the FANG companies – have transformed society with both positive and negative effects. Soaring consumer access to information, news, social networks, and entertainment has been stimulated by the ever-more ubiquitous and falling...

This paper examines how culture determines within-couple gender inequality. Exploiting the setting of Germany's division and reunification, I compare child penalties of couples socialised in a more gender-egalitarian culture to those in a gendertraditional culture. The long-run penalty on the...

Grandparents act as the third biggest care giver besides day care and parental care for children below the age of 6 in most OECD countries. Despite its relevance, the effects of child care provided by grandparents on child and parental outcomes have received little attention in the literature....

Housing and family are prominent aspects of old age, but how they shape the elderly's savings, spending, and inter-generational transfer behavior remains elusive. We develop a dynamic, non-cooperative model of the family with an illiquid housing asset and joint bargaining between elderly parents...