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Cover -- Contents -- Preface -- Acknowledgments -- Chapter 1 Introduction -- Methodological Approach -- Principal Results -- Some Caveats -- Appendix 1.1 Does Price Equalization Improve Welfare? -- Chapter 2 Measuring Barriers and the Benefits of Integration: Existing Studies -- Approaches to...
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Although fake online customer reviews have become prevalent on platforms such as Amazon, Google, and Facebook, little is known about how these reviews influence consumer behavior. This paper provides the first experimental estimates of the effects of fake reviews on individual demand and...
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We compare the behavior and welfare effects of two popular interventions for resource conservation. The first intervention is social comparison reports (SC), which primarily provide consumers with information motivating behavioral change. The second intervention is real-time feedback (RTF),...
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We measure the heterogeneous welfare effects of the recent inflation surge across households in the Euro Area. A simple framework illustrating the numerous channels of the transmission mechanism of surprise inflation to household welfare guides our empirical exercise. By combining micro data and...
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