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Price promotions increase sales, at least in the short term, but the effect of price promotions on consumers' product evaluations is not well understood. We focus on the market for mobile apps, a category where price variation, including discounting to a zero price is common. We ask how price...
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Surge pricing (dynamic pricing) is commonly used to coordinate supply and demand in the ride-sharing industry; however, its effect on driver behavior remains unclear. We examine how surge pricing causally affects driver earnings and labor supply patterns by leveraging a unique...
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By proposing the Benchmark Ratio of Insurance Penetration (BRIP) as a new paradigm for international insurance comparison, this paper makes a new assessment and comparison of insurance growth levels of certain countries as well as certain economic groups, and further discusses the policy...
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We use a panel data set of 193 countries over 1990-2017 period, by employ the Seemingly unrelated regression (SUR), three stage least squares regression (3SLS), dynamic model two-step generalized method of moments and two-step system generalized method of moments approach to investigate the...
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