Showing 1 - 10 of 75
We study the extent of automation angst and its role for policy preferences, labor market choices and real donation decisions using a customized survey in Germany and the US. We first document that a majority perceives automation as a major threat to overall employment and as a cause of rising...
Persistent link: https://www.econbiz.de/10013412957
A lack of transparency about policy performance can pose a major obstacle to welfare-enhancing policy competition across jurisdictions. In parallel surveys with German citizens and state parliamentarians, we document that both groups misperceive the performance of their state's education system....
Persistent link: https://www.econbiz.de/10014000466
Firms can use different sources of external knowledge for developing and implementing innovations. Some knowledge is … provided deliberately by the source and constitutes intended knowledge spillovers, e.g., knowledge disclosed in publications or … patent files. Other sources represent unintended knowledge spillovers, such as reverse engineering of technologies or hiring …
Persistent link: https://www.econbiz.de/10014313933
In markets where sellers' marginal costs of production have a common component, they have informational advantage over buyers regarding those costs. This information asymmetry between sellers and buyers is especially relevant in markets where buyers have to uncover prices through costly search....
Persistent link: https://www.econbiz.de/10014426896
I consider a seller selling a good to bidders with two-dimensional private information: their valuation for a good and their characteristic. While valuations are non-verifiable, characteristics are partially verifiable and convey information about the distribution of a bidder's valuation. I...
Persistent link: https://www.econbiz.de/10014446315
knowledge areas that are new to them, versus firms seeking to exploit their existing knowledge base. We make this distinction by … using a novel approach, based on the knowledge challenges that firms face when innovating. By merging firm-level survey data … knowledge areas, can result in more radical innovation and turnover from radical innovation, compared to firms seeking to …
Persistent link: https://www.econbiz.de/10014476374
Macroeconomic expectations of various economic agents are characterized by substantial cross-sectional heterogeneity. In this paper, we focus on expectations heterogeneity among professional forecasters. We first present stylized facts and discuss theoretical explanations for heterogeneous...
Persistent link: https://www.econbiz.de/10014476375
withdrawal of its services from mainland China to assess the importance of access to information for the knowledge production … function of scientific scholars in the field of economics. For economists, a type of scholar with a simple knowledge production …
Persistent link: https://www.econbiz.de/10014506946
We investigate the incentives of manufacturers to use resale price maintenance (RPM) when selling products through common retailers. In our model retailers provide product specific pre-sales services. If the competitive retail margins are low, each manufacturer fixes a minimum price to induce...
Persistent link: https://www.econbiz.de/10010308751
When contributing content on large online platforms, producers of user-generated content have to decide where to contribute. On a complex and dynamic platform like Wikipedia, this decision is expected to depend on the way the content is organized. We analyse whether the hyperlinks on Wikipedia...
Persistent link: https://www.econbiz.de/10010310684