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作者：Jeon, Doh-Shin; Menicucci, Domenico
作者单位：Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics; University of Florence
摘要：Electronic academic journal websites provide text and data mining (and linking) services. Fully realizing the benefit of these services requires interconnection among websites. We perform a comparison between multilateral interconnection through an open platform and bilateral interconnection, and find that publishers are fully interconnected in the former regime whereas they are often partially interconnected in the latter regime for exclusion or differentiation motives. If partial interconnec...
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作者：Auray, Stephane; Mariotti, Thomas; Moizeau, Fabien
作者单位：Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics; Universite de Rennes; University of Sherbrooke
摘要：We develop a dynamic regulation model of quality provision where maintenance efforts and quality shocks have a durable impact. When the regulator contracts with a sequence of agents, asymmetric information can lead to overprovision of quality, reflecting a dynamic rent extraction effect. When the regulator contracts with a single agent, the efficiency of their relationship depends on the regulator's ability to transfer rents across periods. Hiring a single agent with unlimited liability is soc...
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作者：Gilpatric, Scott M.; Vossler, Christian A.; McKee, Michael
作者单位：University of Tennessee System; University of Tennessee Knoxville; University of North Carolina; Appalachian State University
摘要：This article adds to the regulatory compliance literature through the theoretical development and experimental testing of two endogenous audit mechanisms that use contemporaneous relative comparisons, based on disclosed information or imperfect signals of compliance effort, to generate a compliance competition among agents. This type of audit mechanism has some advantages over the more widely studied dynamic audit mechanisms that condition an agent's audit probability on past compliance, and p...
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作者：Hagiu, Andrei; Jullien, Bruno
作者单位：Harvard University; Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics; Centre National de la Recherche Scientifique (CNRS)
摘要：We analyze the incentives to divert search for an information intermediary who enables buyers (consumers) to search affiliated sellers (stores). We identify two original motives for diverting search (i.e., inducing consumers to search more than they would like): (i) trading off higher total consumer traffic for higher revenues per consumer visit; and (ii) influencing stores' choices of strategic variables (e.g., pricing). We characterize the conditions under which there would be no role for se...
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作者：Schiraldi, Pasquale
作者单位：University of London; London School Economics & Political Science
摘要：This article specifies and estimates a structural dynamic model of consumer demand for new and used durable goods. Its primary contribution is to provide an explicit estimation procedure for transaction costs. Identification of transaction costs is achieved from the variation in the share of consumers choosing to hold a given car type each period, and from the share of consumers choosing to purchase the same car type that period. Specifically, I estimate a random-coefficient discrete-choice mo...
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作者：Anand, Bharat N.; Shachar, Ron
作者单位：Harvard University
摘要：We empirically study the informational role of advertising in matching consumers with products when consumers are uncertain about both observable and unobserved program attributes. Our focus is on the network television industry, in which the products are television shows. We estimate a model that allows us to distinguish between the direct effect of advertising on utility and its effect through the information set. A notable behavioral implication is that exposure to informational advertising...
