Results 1 to 10 of about 82,725 (46)
The Political Economy of International Regulatory Cooperation
The American Economic Review, 2023 We examine international regulatory agreements that are negotiated under lobbying pressures from producer groups. The way in which lobbying influences the cooperative setting of regulatory policies, as well as the welfare impacts of international ...
G. Maggi, Ralph Ossa
semanticscholar +1 more source
Raising the Bar: Certification Thresholds and Market Outcomes
American Economic Journal: Microeconomics, 2023 Certification of sellers by trusted third parties helps alleviate information asymmetries in markets, yet little is known about the impact of a certification’s threshold on market outcomes.
Xiang Hui +3 more
semanticscholar +1 more source
Information and Disparities in Health Care Quality: Evidence from GP Choice in England
Social Science Research Network, 2023 Why do low income patients tend to go to lower quality health care providers, even when they are free? We show that differential information about provider quality is an important determinant of this disparity.
Z. Brown +3 more
semanticscholar +1 more source
Missing Growth from Creative Destruction
The American Economic Review, 2017 For exiting products, statistical agencies often impute inflation from surviving products. This understates growth if creatively-destroyed products improve more than surviving ones. If so, then the market share of surviving products should systematically
P. Aghion +8 more
semanticscholar +1 more source
When do "Nudges" Increase Welfare?
, 2022 Policymakers are increasingly interested in non-standard policy instruments (NPIs), or “nudges,” such as simplified information disclosure and warning labels.
Hunt Allcott +3 more
semanticscholar +1 more source
American Economic Review: Insights, 2020 Quality certification not only informs consumers but also stimulates producers to supply better-quality products. We study a problem of quality certification in a moral hazard setting.
Andriy Zapechelnyuk
semanticscholar +1 more source
The American Economic Review, 2020 Digitization has led to many new creative products, straining the capacity of professional critics and consumers. Yet, the digitization of retailing has also delivered new crowd-based sources of pre-purchase information.
Imke Reimers, Joel Waldfogel
semanticscholar +1 more source
Wine Ratings: Seeking a Consensus among Tasters via Normalization, Approval, and Aggregation
Journal of Wine Economics, 2021 The modern era of wine journalism has provided abundant information about wines and widespread use of numerical rating systems. A tiny difference, especially at the top of the distribution of ratings, may have striking consequences on wine sales and ...
Olivier Gergaud +2 more
semanticscholar +1 more source
Bargaining over a Divisible Good in the Market for Lemons
The American Economic Review, 2022 We study bargaining with divisibility and interdependent values. A buyer and a seller trade a divisible good. The seller is privately informed about its quality, which can be high or low. Gains from trade are positive and decreasing in quantity.
Dino Gerardi, Lucas J. Maestri
semanticscholar +1 more source
The Modern Wholesaler: Global Sourcing, Domestic Distribution, and Scale Economies
Social Science Research NetworkHalf of all transactions in the $6 trillion market for manufactured goods in the United States were intermediated by wholesalers in 2012, up from 32 percent in 1992. Seventy percent of this increase is due to the growth of “superstar” firms—the largest 1
S. Ganapati
semanticscholar +1 more source