This paper studies the role of viewers’ heterogeneous ad aversion on media content demand and advertisers’ willingness to pay. High-frequency individual-level data on broadcast media content allows us to track viewers’ minute-by-minute choices within the set of available alternatives. We first illustrate the potential selection biases that arise when using aggregated market-level data to estimate...
The Berlin IO Day is a one-day workshop sponsored by the Berlin Centre for Consumer Policies (BCCP) and supported by the Berlin's leading academic institutions, including DIW Berlin, ESMT Berlin, Freie Universität Berlin, Humboldt-Universität zu Berlin, and Technische Universität Berlin. The aim is to create an international forum for high quality research in Industrial Organization in the heart...
The workshop aims to bring together researchers from Economics, Information Systems, Law, Marketing, Strategy, and related fields who study Digitization. For inquiries dew2025@diw.de Event page
Nach der gestrigen Bundestagswahl kommentiert DIW-Präsident Marcel Fratzscher die Ergebnisse der Wahl und die Herausforderungen der neuen Bundesregierung wie folgt:
Following yesterday's Bundestag elections, DIW President Marcel Fratzscher commented on the results and the challenges facing the new German government:
Am Wochenende verhängte US-Präsident Donald Trump Zölle auf Importe aus Kanada, Mexiko und China. Welche Auswirkungen diese Zölle auf die deutsche und europäische Wirtschaft haben und wie die EU jetzt reagieren sollte, kommentiert Pia Hüttl, Konjunkturexpertin im DIW Berlin, wie folgt:
Conversational AI models are becoming increasingly popular and are about to replace traditional search engines for information retrieval and product discovery. This raises concerns about monetization strategies and the potential for subtle consumer manipulation. Companies may have financial incentives to steer users toward search results or products in a conversation in ways that are unnoticeable...
In macroeconomic models featuring borrowing-constrained agents, the effects of monetary policy depend on the fiscal reaction to interest rate changes. This paper presents new evidence on the dynamic causal effects of U.S. monetary policy shocks on fiscal instruments and estimates a Heterogeneous Agent New Keynesian model with fiscal feedback rules to match the empirical results. I find that U.S. fiscal ...