Showing 1 - 10 of 41
I develop a framework to explain why identity divides some communities and not others. An identity group is defined as …-assimilative integration, where groups integrate but individuals retain their own identity; and segregation, where groups socially segregate … similar sized identity groups; (ii) larger communities; (iii) communities with greater cultural distance between identities …
Persistent link: https://www.econbiz.de/10008672211
reputation, certification, and language characteristics on the chances of winning outsourcing contracts. Using a comprehensive … variables change under different contract forms. Our results show that online reputation is an important predictor of success … mitigate the typical Matthew Effect associated with online reputation systems. Contrary to popular belief, certifications do …
Persistent link: https://www.econbiz.de/10008672213
This paper analyzes a unique dataset of art auctions on eBay. We study the behavior of buyers and sellers, demand and supply, by means of a novel structural estimation approach. Our empirical framework considers the process of arrival of new bidders as well as the distribution of bidder...
Persistent link: https://www.econbiz.de/10005585491
Ballester, Calvo-Armengol, and Zenou (2006, Econometrica, 74/5, pp. 1403-17) show that in a network game with local payoff complementarities, together with global uniform payoff substitutability and own concavity effects, the intercentrality measure identifies the key player - a player who, once...
Persistent link: https://www.econbiz.de/10005760663
This paper provides a thorough analysis of oligopolistic markets with positive demand-side network externalities and perfect compatibility. The minimal structure imposed on the model primitives is such that industry output increases in a firm's rivals' total output as well as in the expected...
Persistent link: https://www.econbiz.de/10008460518
We analyze the behavior of start-ups in e-commerce, namely on Austria's leading price-comparison-site, a multi-product environment with almost complete information. We use weekly panel data on price-quotes of digicams, Audio/HiFi-equipment and hardware. We furthermore use advanced estimation...
Persistent link: https://www.econbiz.de/10005459401
Digital products such as movies, music and computer software are protected both by self-help measures such as encryption and copy controls, and by the legal right to prevent copying. We explore how digital rights management and other technical protections a®ect the pricing of content, and...
Persistent link: https://www.econbiz.de/10005459405
A cornerstone of the law and economics approach to standard form contracts is the Òinformed minorityÓ hypothesis: in competitive markets, a minority of term-conscious buyers is enough to discipline sellers from offering unfavorable boilerplate terms. The informed minority argument is widely...
Persistent link: https://www.econbiz.de/10004967588
We develop a model of dynamic platform formation under positive platform externalities. Users can switch between an incumbent and entrant platforms, switching opportunities arise stochastically and users can choose whether to accept or reject an opportunity to switch. For homogeneous users, we...
Persistent link: https://www.econbiz.de/10011141095
In this article I analyze the effects of a recent reform intended to decrease switching costs in the cellular industry. The reform, implemented in Chile in 2012, allowed cell phone users to switch operators without any contract restriction while keeping their wireless number. Its aim was the...
Persistent link: https://www.econbiz.de/10010905460