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An imperfectly-informed regulator needs to procure multiple units of some good (e.g., green energy, market liquidity, pollution reduction, land conservation) that can be produced with heterogeneous technologies at various costs. How should she optimally procure these units? Should she run...
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that digital platforms have become so dominant that they slow the speed of innovation and that regulatory and antitrust … and negative effects of digital platforms on innovation. This paper seeks to contribute to closing this gap by pursuing …-faceted relations between digital platforms and innovation. Second, it discusses which empirical evidence could be used to examine the …
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We posit and empirically test the hypothesis that airlines are able to charge a fare premium in markets that originate in their domestic country relative to similar markets that originate in foreign countries. To this end, we focus on intercontinental one-stop air travel trips for which the...
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