Results 41 to 49 of about 72,391 (49)
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Consumer Search and Product Returns in E-Commerce
American Economic Journal: MicroeconomicsE-commerce has led to a surge in products being returned after purchase. We analyze product returns as resulting from a trade-off between the social waste of returns and the search efficiency gains of being able to inspect a product’s value after ...
Maarten C. W. Janssen, Cole Williams
semanticscholar +1 more source
Social Science Research Network
We provide a guide to the burgeoning literature on the economics of social media. We first define social media platforms and highlight their unique features.
Guy Aridor +3 more
semanticscholar +1 more source
We provide a guide to the burgeoning literature on the economics of social media. We first define social media platforms and highlight their unique features.
Guy Aridor +3 more
semanticscholar +1 more source
When Big Data Enables Behavioral Manipulation
American Economic Review: InsightsWe build a model of online behavioral manipulation driven by AI advances. A platform dynamically offers one of n products to a user who slowly learns product quality.
D. Acemoglu +3 more
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Journal of Political Economy
We show how early warning about an impending regime change eliminates panic. Agents anticipate a future shock and decide when to attack. Waiting is costly, especially when others attack and cause a regime change while one waits. This may create panic. We
Deepal Basak, Zhen Zhou
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We show how early warning about an impending regime change eliminates panic. Agents anticipate a future shock and decide when to attack. Waiting is costly, especially when others attack and cause a regime change while one waits. This may create panic. We
Deepal Basak, Zhen Zhou
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Bounded Rationality in Choice Theory: A Survey
Journal of Economic LiteratureA vibrant literature incorporates elements of bounded rationality into choice theory. We survey this work, discussing five central ways in which the literature has modeled departures from the rational choice procedure.
Geoffroy de Clippel, Kareen Rozen
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Delayed Overshooting: The Case for Information Rigidities
American Economic Journal: MacroeconomicsWe provide evidence that the delayed overshooting puzzle reflects a slow adjustment of exchange rate expectations to monetary policy shocks rather than a failure of uncovered interest parity.
Gernot J. Müller +2 more
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Ambiguity Aversion and Heterogeneity in Households’ Beliefs
American Economic Journal: MacroeconomicsUK households that wish for lower inflation and lower nominal interest rates have higher expected inflation. We interpret the evidence through the lens of a New Keynesian model where ambiguity-averse households differ in wealth, skill, labor market ...
Claudio Michelacci, Luigi Paciello
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Strategic Incentives and the Optimal Sale of Information
American Economic Journal: MicroeconomicsA monopolist data seller offers information to privately informed data buyers. I characterize the seller’s optimal menu, which screens between two types of buyers.
Rosina Rodríguez Olivera
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Firm Boundaries and Voluntary Disclosure
Social Science Research NetworkWe study how vertical integration shapes firms’ public disclosures. Theory suggests that firms can use public disclosure to coordinate with supply chain partners and predicts a substitution between vertical integration and public disclosure of future ...
Thomas Bourveau +3 more
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