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This paper examines the effects of multimarket contact on advertising prices in the U.S. radio broadcasting industry. While it is in general difficult to measure the effect of multimarket contact on competition, the 1996 Telecommunications Act substantially relaxed local radio ownership...
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The growth of online platforms has raised questions about their power and the possibility that it could be exercised with bias, including by gender. Women account for about a fifth of the most successful artists at Spotify, prompting some concerns about bias. We explore the roles of female...
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We analyze the behavior of game-show contestants who play a one-shot game called Friend or Foe. While it is a weakly dominant strategy not to cooperate, almost half the contestants on the show choose to play ?friend.? Remarkably, the behavior of contestants remains uncha nged even when stakes...
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