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This study examines the impact of access to confidential administrative data on the rate, direction, and policy relevance of economics research. To study this question, we exploit the progressive geographic expansion of the U.S. Census Bureau's Federal Statistical Research Data Centers (FSRDCs)....
Persistent link: https://www.econbiz.de/10014322760
We examine innovative contexts like scientific research or technical R&D where agents must search across many potential projects of varying and uncertain returns. Is it better to possess incomplete but accurate data on the value of some projects, or might there be cases where it is better to...
Persistent link: https://www.econbiz.de/10014544680
Drawing insights from the field of innovation economics, we discuss the likely competitive environment shaping generative AI advances. Central to our analysis are the concepts of appropriability--whether firms in the industry are able to control the knowledge generated by their innovations--and...
Persistent link: https://www.econbiz.de/10014544752
Large Language Models (LLMs) are proving to be a powerful toolkit for management and organizational research. While early work has largely focused on the value of these tools for data processing and replicating survey-based research, the potential of LLMs for theory building is yet to be...
Persistent link: https://www.econbiz.de/10015094875
We develop a heterogeneous-agents network-based model to analyze alternative policies during a pandemic outbreak, accounting for health and economic trade-offs within the same empirical framework. We leverage a variety of data sources, including data on individuals' mobility and encounters...
Persistent link: https://www.econbiz.de/10012481569
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While digitization projects like Google Books have dramatically increased access to information, this study examines how the ability to reuse digital information and diffuse knowledge to a wider audience critically depends on features of copyright law. I use the digitization of both copyrighted...
Persistent link: https://www.econbiz.de/10012986719
This dissertation consists of three essays studying the impact of new, digital information on innovation in different markets. The first essay sheds light on the impact of intellectual property in affecting the impact of new information on innovation, while the second and third essays identify...
Persistent link: https://www.econbiz.de/10012986720