Showing 1 - 10 of 97
Differentiated product consumption choices made without full information can lead to welfare losses from regret and missed opportunities, but a lack of post-purchase usage data has prevented their exploration. Using novel data on individual ownership and post-purchase usage of video games, we...
Persistent link: https://www.econbiz.de/10015195047
We develop a model of discrimination that allows us to interpret observed differences in outcomes across groups, conditional on passing a screening test, as taste-based (employer,) statistical, or customer discrimination. We apply this framework to investigate the nature of non-white...
Persistent link: https://www.econbiz.de/10015145137
Libraries have traditionally provided free communal access to books, facilitated by the first sale doctrine's (FSD) guarantee that libraries may purchase physical books at consumer prices. Increasingly restrictive ebook access terms may imperil libraries, and we compare the welfare cost of...
Persistent link: https://www.econbiz.de/10013362046
Digitization has facilitated the emergence of large distribution platforms downstream from traditionally powerful suppliers. Digital platforms can carry many suppliers' products, test the products' consumer appeal, and choose which products to promote, potentially shifting power from the...
Persistent link: https://www.econbiz.de/10015094890
Concerns over the excessive use of mobile phones, especially among youths and young adults, are growing. We present, to our knowledge, the first estimates of both behavioral spillover and contextual peer effects, as well as the first comprehensive evidence of how own and peers' mobile app usage...
Persistent link: https://www.econbiz.de/10015094896
This paper studies the language used in television news broadcasts to describe police killings in the United States from 2013-19. We begin by documenting that the media is significantly more likely to use several language structures - e.g., passive voice, nominalization, intransitive verbs -...
Persistent link: https://www.econbiz.de/10013334427
Existing theories of media competition imply that advertisers will pay a lower price in equilibrium to reach consumers who multi-home across competing outlets. We generalize and extend this theoretical result and test it using data from television and social media advertising. We find that...
Persistent link: https://www.econbiz.de/10013334495
Do high taxes cause superstars to work less? We test this hypothesis using complete data on Hollywood movie stars' labor supply from 1927 to 2014. Changes to marginal tax rates in high tax brackets have no significant effect on the number of films a movie star makes each year. However, in years...
Persistent link: https://www.econbiz.de/10013477190
We study newsworthiness in theory and practice. We focus on situations in which a news outlet observes the realization of a state of the world and must decide whether to report the realization to a consumer who pays an opportunity cost to consume the report. The consumer-optimal reporting...
Persistent link: https://www.econbiz.de/10014544790
Using newly digitized data on the growth of the telegraph network in America during 1840-1852, the paper studies the impacts of the electric telegraph on national elections. I use proximity to daily newspapers with telegraphic connections to Washington to generate plausibly exogenous variation...
Persistent link: https://www.econbiz.de/10014322855