In this paper we study the impact of multi-way means of communication on corruption by exploring the relationship between social media and corruption. Our cross-country analysis of over 150 countries shows that Facebook penetration (a proxy for social media) has a negative and economically...

There is currently a great deal of interest in online competition, particularly involving large tech firms such as Google, Apple, Facebook, Amazon, and Microsoft (a group commonly known as “GAFAM”). In this essay I examine several issues involving these firms that have often come up both in...

We examine how offering digital content affects demand for print magazines. Using a searchable website archive, we measure the digital content offered by a sample of US consumer magazines from 1996-2001. We find strong evidence that digital content cannibalizes print sales. On average, a...

We discuss network neutrality regulation of the Internet in the context of a two-sided market model. Platforms sell broadband Internet access services to residential consumers and may set fees to content and application providers on the Internet. When access is monopolized, cross-group...

This paper makes use of a natural experiment performed by a low-income price subsidy program, Lifeline Assistance, to estimate consumer substitution between fixed and mobile service. Variability across states and time in the Lifeline discount and the program’s eligibility requirements aids in...