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An important EU Digital Single Market policy objective is to achieve an open and integrated market for online e-commerce in the EU, to make it easy for consumers to go outside their domestic market and shop online in other EU Member States. This study applies a standard gravity model of...
Persistent link: https://www.econbiz.de/10013061496
Economies of scale in data aggregation is a widely accepted concept. It refers to improved prediction accuracy when the number of observations on variables in a dataset increases. By contrast, economies of scope in data is more ambiguous. The classic economic interpretation refers to cost...
Persistent link: https://www.econbiz.de/10012695135
This paper starts with some basic economic characteristics of data that distinguish them from ordinary goods and services, including non-excludability and non-rivalry, economies of scope in data re-use and aggregation, the social value of data and their role in generating network effects. It...
Persistent link: https://www.econbiz.de/10012695163
Digital platforms facilitate interactions between consumers and merchants that allow collection of profiling information which drives innovation and welfare. Private incentives, however, lead to information asymmetries resulting in market failures both on-platform, among merchants, and...
Persistent link: https://www.econbiz.de/10013322176
Digital platforms facilitate interactions between consumers and merchants that allow the collection of profiling information which drives innovation and welfare. Private incentives, however, lead to information asymmetries resulting in market failures both on-platform, among merchants, and...
Persistent link: https://www.econbiz.de/10013322476
We study the case of a Chinese industrial policy, implemented in Shanghai, that makes it mandatory for car manufacturers to share electro-mechanical performance and real time navigation data from their entire fleet of electric and hybrid vehicles with local and central government authorities....
Persistent link: https://www.econbiz.de/10012422455
Persistent link: https://www.econbiz.de/10011614232
Persistent link: https://www.econbiz.de/10012232664
Several studies have examined the market value of paid-for internet services and internet access. This paper estimates the value of leisure time spent online for which the consumer pays no monetary price and which has become increasingly important as a leisure activity. We apply a methodology...
Persistent link: https://www.econbiz.de/10011979940
Between 2009 and 2012 the percentage of online consumers in the EU who made online purchases in another EU Member State increased from 8 to 11 per cent, below the target of 20 per cent put forward in the EU Digital Agenda. Both, subjective perceptions on the consumer side or objective barriers...
Persistent link: https://www.econbiz.de/10011979955