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Noisy signals: Do ratings' volatility depend on the length of the consumption span?

Boto-García, David; Leoni, Veronica - 2023

Booking.com in 5 major European cities. Under a heteroskedastic framework, we document that individual ratings' volatility … noisy signals of the underlying hotel quality. Furthermore, we show that greater volatility in hotel ratings translates into … operators about the sources of ratings' volatility and how this affects social learning. …

Persistent link: https://www.econbiz.de/10014468616

Noisy Signals : Do Ratings’ Volatility Depend on the Length of the Consumption Span?

Boto-García, David; Leoni, Veronica - 2023

Booking.com in 5 major European cities. Under a heteroskedastic framework, we document that individual ratings’ volatility … noisy signals of the underlying hotel quality. Furthermore, we show that greater volatility in hotel ratings translates into … operators about the sources of ratings’ volatility and how this affects social learning …

Persistent link: https://www.econbiz.de/10014358058

Self-preferencing, quality provision, and welfare in mobile application markets

Teng, Xuan - 2023

Platforms often display their products ahead of third-party products in search. Is this due to consumers preferring platform-owned products or platforms engaging in self-preferencing by biasing search towards their own products? What are the welfare implications? I develop a structural model of...

Persistent link: https://www.econbiz.de/10014495178

Quality Signaling and Demand for Renewable Energy Technology : Evidence from a Randomized Field Experiment

Coville, Aidan; Zivin, Joshua S. Graff; Reichert, Arndt R. - National Bureau of Economic Research - 2024

Solar technologies have been associated with private and social returns, but their technological potential often remains unachieved because of persistently low demand for high-quality products. In a randomized field experiment in Senegal, we assess the potential of three types of quality...

Persistent link: https://www.econbiz.de/10014544676

Crowdsourcing the Assessment of Wine Quality - Evidence from Vivino

Kopsacheilis, Orestis; Pipergias Analytis, Pantelis; … - 2023

Wine consumers have mainly relied upon prices and professional critics’ reviews to infer wine quality. Crowdsourcing platforms, such as Vivino, have introduced a new source of information, leveraging the opinions from large numbers of amateur wine reviewers and averaging their ratings. We...

Persistent link: https://www.econbiz.de/10014254612

Self-preferencing, quality provision, and welfare in mobile application markets

Teng, Xuan - 2022

Platforms may give preferential treatment to their own products in search results. Whether and how to regulate this self-preferencing behavior is an intensely debated antitrust issue. This paper identifies self-preferencing and quantifies its equilibrium welfare effects in Apple App Store. I...

Persistent link: https://www.econbiz.de/10013419345

Signalling to whom? : conspicuous spending and the local density of the social group income distribution

Chai, Andreas; Kaus, Wolfhard - 2012

We empirically evaluate two competing explanations about how the dispersion of income within social groups affects household spending on visible goods. Using South African household expenditure data, we find evidence that precisely the reverse of the effect predicted by Charles et al. (2009)...

Persistent link: https://www.econbiz.de/10009691901

Risk and loss aversion, price uncertainty and the implications for consumer search

Soetevent, Adriaan R.; Bruzikas, Tadas - 2016

that theory predicts an inversion when consumers are either risk or loss averse. In those cases, an increase in price …

Persistent link: https://www.econbiz.de/10011520488

The Role of Self Selection, Usage Uncertainty and Learning in the Demand for Local Telephone Service

Narayanan, Sridhar - 2011

Persistent link: https://www.econbiz.de/10013124261

Search Costs in Consumer Product Choice : Does Delaying the Provision of Information Increase Choice Efficiency?

Sonntag, Axel - 2013

Using online price comparison and shopping platforms makes experiencing slow connections, lags and waiting times for information an unfortunate reality. However, little attention has been paid to analyzing the effects of delayed provision of information on product choice behavior. In this...

Persistent link: https://www.econbiz.de/10013082980

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