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Every new method of trade offers an opportunity for economic agents to compare its costs
and benefits relative to the status quo. Such comparison motivates sorting across market
segments...
Price, Quality and Reputation: Evidence from An Online Field Experiment
Field Experiment Evidence from
2015/9/21
Correspondence: Department of Economics, University of Maryland, College Park, MD 20742; phone
(301) 405-3484; email jin@econ.umd.edu. We benefit from comments of Austan Goolsbee, Raphael
Thom...
Online Appendix
project partners loan details
2015/9/18
Extension services provided by CP consist of preliminary meetings to market paprika
seed to farmers and teach them about the growing process, additional group trainings about
farming techniques, ind...
Online Advertising:Heterogeneity and Conflation in Market Design
Online Advertising Heterogeneity Conflation Market Design
2015/7/21
The past decade has seen the explosive emergence of online advertising as a major source of revenue for Internet publishers. Analyses of this phenomenon are mostly conducted in the sway of Google’s hu...
A Theory of Bidding Dynamics and Deadlines in Online Retail
Online Retail Bidding Dynamics
2015/7/21
We present an equilibrium search model that parsimoniously rationalizes several
de ning patterns of online markets for new goods. We model buyers in these markets as having a deadline by which the go...
Online Advertising: Heterogeneity and Conflation in Market Design
Market Design Heterogeneity and Conflation
2015/7/21
The past decade has seen the explosive emergence of online advertising as a major source of
revenue for Internet publishers. Analyses of this
phenomenon are mostly conducted in the sway
of Googl...
THE ECONOMICS OF ONLINE POSTSECONDARY EDUCATION: MOOCS, NONSELECTIVE EDUCATION, AND HIGHLY SELECTIVE EDUCATION
Higher education open online courses economy sustainable development education services institutional investment
2015/7/20
I consider how online postsecondary education, including massive open online courses (MOOCs),might fit into economically sustainable models of postsecondary education. I contrast nonselective postseco...
The first result is that the price of attention
for similar consumers is actually higher online
than offline. In 2008, newspapers earned $2.78
per hour of attention in print, and $3.79 per hour ...
Sales Mechanisms in Online Markets: What Happened to Internet Auctions?
Mechanisms Internet Auctions
2015/7/17
Consumer auctions were very popular in the early days of internet
commerce, but today online sellers mostly use posted prices. Data from eBay
shows that compositional shifts in the items being sold,...
Assessing Sale Strategies in Online Markets Using Matched Listings
Matched Listings Sale Strategies
2015/7/17
We use data from eBay to identify hundreds of thousands of instances
in which retailers posted otherwise identical product listings with
targeted variation in pricing and auction design.
The New Palgrave Dictionary of Economics Online
carbon emissions tax climate change, economics of computable general equilibrium (CGE) models contingent valuation discount rate global warming hedonic approach integrated assessment models intergenerational equity learning-by-doing Monte Carlo methods price-based vs. quantity-based policies production function approach technology policy time preference tradable emission permits uncertainty
2015/7/17
Climate-change economics attends to the various threats posed by global climate change by offering theoretical and empirical insights relevant to the design of policies to reduce, avoid, or adapt to s...
The Market That Wasn't:The Non-emergence of the Online Grocery Category
Online Technology Food Emerging Markets Service Industry Food and Beverage Industry
2015/5/13
We examine the non-emergence of a potential new market category. In the late 1990s the entrepreneurial firms that attempted to sell groceries online attracted significant resources, made meaningful te...
From Crowds to Collaborators:Initiating Effort & Catalyzing Interactions Among Online Creative Workers
Online Platforms Collaboration Teams Interdependence Text Analysis Temporal Coordination
2015/4/29
Online collaborative platforms have emerged as a complementary approach to traditional organizations for coordinating the collective efforts of creative workers. However, it is surprising that they re...
Do Display Ads Influence Search?:Attribution and Dynamics in Online Advertising
Search Technology Online Advertising
2015/4/28
As firms increasingly rely on online media to acquire consumers, marketing managers feel comfortable justifying higher online marketing spend by referring to online metrics such as click-through rate ...
Deterring Online Advertising Fraud Through Optimal Payment in Arrears
Misleading and Fraudulent Advertising Online Advertising Profit Corporate Accountability Partners and Partnerships Mathematical Methods
2015/4/22
Online advertisers face substantial difficulty in selecting and supervising small advertising partners. Fraud can be well-hidden, and limited reputation systems reduce accountability. But partners are...