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Exclusive data, price manipulation and market leadership
Gu, Yiquan; Madio, Leonardo; Reggiani, Carlo - 2019
pricing but also alters firms' strategic incentives. We show that exclusive access to a list of consumers can provide … lists of consumers, exclusive data availability intensifies market competition. …
Persistent link: https://www.econbiz.de/10012104125
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Switching beers? : the effects of switching costs on prices and profits in competitive markets
He, Xiaoyang; Siebert, Ralph - 2021
experiences a higher competitive pressure on price since low-quality consumers are more price sensitive and switch more easily to … consumers are less likely to switch to the low-quality product. …
Persistent link: https://www.econbiz.de/10012510220
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AI, task changes in jobs, and worker reallocation
Gathmann, Christina; Grimm, Felix; Winkler, Erwin - 2024
robots have reduced routine tasks. In sharp contrast, AI has reduced non-routine abstract tasks like information gathering …
Persistent link: https://www.econbiz.de/10015178434
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Who benefits from AI? : project-level evidence on labor demand, operations and profitability
Yilmaz, Erdem Dogukan; Peukert, Christian - 2024
service robots and machine learning-based software from 2019 to 2021, alongside fine-grained labor and operations data. To …
Persistent link: https://www.econbiz.de/10015057718
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The behavioral economics of artificial intelligence : lessons from experiments with computer players
March, Christoph - 2019 - This version: October 21, 2019
Artificial intelligence (AI) is starting to pervade the economic and social life rendering strategic interactions with artificial agents more and more common. At the same time, experimental economic research has increasingly employed computer players to advance our understanding of strategic...
Persistent link: https://www.econbiz.de/10012120215
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Robots, tools, and jobs : evidence from Brazilian labor markets
Souza, Gustavo de; Li, Haishi - 2023
What is the effect of robots and tools on employment and inequality? Using natural language processing and an … instrumental variable approach, we discover that robots have led to a sizable decrease in the employment and wages of low … robots and tools over the last 20 years have reduced inequality and increased welfare without a significant effect on …
Persistent link: https://www.econbiz.de/10014443829
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Groups are more libertarian than individuals
Doerrenberg, Philipp; Feldhaus, Christoph; Kölle, Felix; … - 2024
Using a series of controlled laboratory experiments involving decisions to intervene in others’ choice opportunities; we find that groups grant more autonomy to others than individuals. This finding is robust across two decision contexts, one involving individual decision-making (Internality)...
Persistent link: https://www.econbiz.de/10015164673
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Divide and privatize : firm break-up and performance
Kočenda, Evžen; Hanousek, Jan - 2011
We analyze the long-term effects of firm break-up and ownership change on corporate performance. Our analysis is based on a unique data set for a large number of Czech firms spanning the period 1996-2005. We employ a propensity score matching procedure to deal with endogeneity problems. Our...
Persistent link: https://www.econbiz.de/10009130271
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Determinants of survival of newly created SMEs in the Brazilian manufacturing : an econometric study
Façanha, Luis Otávio; Resende, Marcelo; Cardoso, Vicente - 2012
The paper investigates the survival of newly created small and medium enterprises in Brazilian manufacturing taking as reference the 1996-2005 period. The econometric analysis relies on time-varying version of the proportional hazard rate model that controls for unobserved heterogeneity. The...
Persistent link: https://www.econbiz.de/10009490608
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Corporate governance reforms, interlocking directorship networks and company value in Italy (1998-2007)
Drago, Carlo; Millo, Francesco; Ricciuti, Roberto; … - 2011
In this paper we contribute to the literature on the structure of interlocking directorship networks and to the literature on the relationship between corporate governance and performance. We use a unique dataset made of corporate governance variables related to the board size and interlocking...
Persistent link: https://www.econbiz.de/10009009693