Rapid development of generative artificial intelligence chatbots like ChatGPT is leading search engine providers to move from search to answer engines. Unlike search engines, which provide search results in the form of blue links to content creators, answer engines generate personalised answers...

We illustrate the impact of detailed data in empirical economic research by considering how the increased data availability has changed the scope and focus of studies on retail gasoline pricing. We show how high-volume, high-frequency price data help to identify and explain long-term trends...

We illustrate the impact of detailed data in empirical economic research by considering how the increased data availability has changed the scope and focus of studies on retail gasoline pricing. We show how high-volume, high-frequency price data help to identify and explain long-term trends...

We study the effects of price matching in a setting in which each firm selects both its price and output, simultaneously. We show that the availability of a price-matching option leads to the Cournot outcome in this setting. Our experimental study confirms this result in the laboratory. Our...

We examine the effect of investors' prior experience with mutual fund families on their subsequent investment decisions. Using a sample from a large discount broker, we find that investors are significantly more likely to purchase funds from families with which they have previous experience. Our...

There are high economic expectations concerning the emergence of Big Data: a promised golden age for both consumers and firms. Digital technology allows firms to provide digital services in exchange of personal data, from which they can fine-tune their supply to better match market demand. By...

This study examines the influence of competition and concentration on financial stability in the Korean financial industry. Specifically, we test two alternative hypotheses: the competition-fragility hypothesis versus competition-stability hypothesis by using the sample of two different types of...

Employment surveys of large scale have shown that while rural women's employment has grown over the decades, the fate of the employment is still casualised and self employed. Economic growth and higher rural income has not been able to minimise discrimination of job type or wage, in fact it...

We investigate the empirical relationship between product market competition and prices in the retail grocery sector in the Euro area. The study uses micro-data from ACNielsen on chain stores' census characteristics and price levels for a broad variety of products. We construct...

We illustrate the impact of detailed data in empirical economic research by considering how the increased data availability has changed the scope and focus of studies on retail gasoline pricing. We show how high-volume, high-frequency price data help to identify and explain long-term trends...