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The expansion of varieties in the new age of advertising
Baslandze, Salomé; Greenwood, Jeremy; Marto, Ricardo; … - 2023
The last decades have seen large improvements in digital advertising technology that allowed firms to better target specific consumer tastes. This research studies the relationship among digital advertising, the rise of varieties, and economic welfare. We develop a model of advertising and...
Persistent link: https://www.econbiz.de/10014388429
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A simple model of university-industry research linkages and the sharing principle under uncertainty
Gander, James P. - 2017
This paper presents an intuitive model of university-industry (hereafter, UI) research linkages (or collaborations), focusing on the sharing principle under uncertainty. The paper draws from an earlier more complicated dynamic control theory model, but it differs in that it brings into the...
Persistent link: https://www.econbiz.de/10011882747
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Surveying business uncertainty
Altig, David; Barrero, Jose Maria; Bloom, Nicholas; … - 2019
We develop a new monthly panel survey of business executives and a new question design that elicits subjective probability distributions over own-firm outcomes at a one-year lookahead horizon. Our Survey of Business Uncertainty (SBU) began in 2014 and now covers 1,500 firms drawn from all 50...
Persistent link: https://www.econbiz.de/10012030295
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Pandemic-era uncertainty on Main Street and Wall Street
Meyer, Brent; Mihaylov, Emil; Davis, Steven J.; Parker, … - 2021
We draw on the monthly Survey of Business Uncertainty (SBU) to make three observations about pandemic-era uncertainty in the U.S. economy. First, equity market traders and executives of nonfinancial firms share similar assessments about uncertainty at one-year lookahead horizons. That is, the...
Persistent link: https://www.econbiz.de/10012653490
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Is altruism bad for cooperation?
Hwang, Sung-Ha; Bowles, Samuel - 2008
when group members have opportunities to punish low contributors. Cooperation may also be supported if individuals are … punishment costs. The negative effect of altruism on cooperation and material payoffs is greater the stronger is the reciprocity …
Persistent link: https://www.econbiz.de/10010287831
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Institutions and behavior: Experimental evidence on the effects of democracy
Dal Bó, Pedro; Foster, Andrew; Putterman, Louis - 2007
We present results from a novel experiment on the effect of a policy designed to encourage cooperation in a prisoner …'s dilemma game. We find that the effect of this policy on the level of cooperation is greater when it was chosen democratically …
Persistent link: https://www.econbiz.de/10010318878
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Cooperation under the shadow of the future: Experimental evidence from infinitely repeated games
Dal Bó, Pedro - 2002
higher the levels of cooperation. We compare the behavior from these in finitely repeated games with behavior from finitely … repeated games of the same expected length and we find that there is more cooperation in the in finitely repeated games …
Persistent link: https://www.econbiz.de/10010318999
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Monitoring In teams: A model and experiment on the central monitor hypothesis
Grosse, Stefan; Putterman, Louis; Rockenbach, Bettina - 2007
Alchian-Demsetz-like firm “grows” in the laboratory. – monitoring ; team production ; free riding ; cooperation ; experiment … transform team production from a collective action dilemma with strong free riding incentives to a productivityenhancing … opportunity with strong private marginal incentives to contribute effort. In an experiment, we have subjects experience team …
Persistent link: https://www.econbiz.de/10010318992
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Which Innovations for a Circular Business Model? A Product Life-Cycle Approach
Chioatto, Elisa; Zecca, Emy; D’Amato, Alessio - 2020
The Circular Economy concept has emerged to face current unsustainable economic trends. Circularity requires to go beyond mainstream linear business models in favour of new design strategies and production processes able to support an efficient use and a continuous flow of resources. Clarifying...
Persistent link: https://www.econbiz.de/10012419730
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Swedish Business R&D and its Export Dependence
Bergman, Karin; Ejermo, Olof - 2011
Sweden has seen a rise in business R&D-intensities and dependence on exports to make its economy grow since the early 1990s. This paper examines the role of foreign sales in stimulating R&D as compared to a domestic sales effect, and finds, in line with the literature, that R&D rises...
Persistent link: https://www.econbiz.de/10013208586