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Many economic outcomes appear to be influenced by habit or commitment, giving rise to persistence. In cases where the decision is binary and persistent, the aggregation of individual time series can result in a fractionally integrated process for the aggregate data. Certain television programmes...
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Using fixed betting odds for football match outcomes this paper improves on previous versions of outcome uncertainty models of attendance demand by utilizing data on 'repeat' fixtures between two teams. This provides some control over the variation in match characteristics which influence...
Persistent link: https://www.econbiz.de/10009202559
Using data on 'spread' betting odds for rugby league football this study shows that handicap odds are unbiased and efficient predictors of match results and that, as a proxy for match uncertainty of outcomes, the handicap value is a significant determinant of attendance.
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The Google AdSense Program is a successful internet advertisement program where Google places contextual adverts on third-party websites and shares the resulting revenue with each publisher. Advertisers have budgets and bid on ad slots while publishers set reserve prices for the ad slots on...
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Amazon's Free App of the Day program, aimed at improving app visibility using daily free promotions, is a compelling experiment in the ‘economics of free'. In this study, we investigate the longer-term consequences of free app promotions on the performance of apps on Amazon Appstore. In...
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Peer-to-peer markets, collectively known as the sharing economy, have emerged as alternative suppliers of goods and services traditionally provided by long-established industries. We explore the economic impact of the sharing economy on incumbent firms by studying the case of Airbnb, a prominent...
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