show that the increase in efficiency holds even when controlling for the search intensity of guests, the change in the … composition of transactions and aggregate market conditions at the time of search I demonstrate that guests are elastic with … communication required to book on the platform are falling over time. I then consider three possible explanation hypotheses for the …

We analyze the linking and versioning strategies of a media firm when facing competition from blogs, search engines and … competes against a search engine, its linking and versioning strategies depend on the amount of traffic it receives from its … competitor. The firm can use the search engine as its own low quality version and as a mechanism to expand its market since it …

as search engines and content aggregators, to successfully enter content ecosystems, attracting traffic and revenues by …

assortments. Consumers face a search problem within an assortment of horizontally differentiated products supplied by a monopolist …. They may search for a product match by drawing products from the assortment or by seeking word of mouth recommendations …

to analyze the social learning mechanism and its effect on the seller's pricing decision. This analysis borrows from the … literature on social learning and on pricing and revenue management. Consumers follow a naive decision rule and, under some … conditions, eventually learn the product's quality. Using mean-field approximation, the dynamics of this learning process are …

to analyze the social learning mechanism and its effect on the seller's pricing decision. Consumers follow an intuitive … non-Bayesian decision rule and, under some conditions, eventually learn the product's quality. We show how the learning … of this learning process, its dependence on the price, and the market heterogeneity with respect to quality preferences …

. The ratings data of Netflix is used to fit a structural Bayesian learning model. This model links revealed experience …