In the opening session of the BCCP Conference and Policy Forum 2019, Jan Eeckhout (Universitat Pompeu Fabra Barcelona), Jonathan Baker (American University), and Fiona Scott Morton (Yale University) discussed the global rise of concentration, profits, mark-ups and market power across many markets and industries, the possible explanations for rising mark-ups and concentration and the role of...
The tremendous growth of digital transactions has profoundly affected the way we interact, opening vast opportunities to improve our lives. Consumers have benefited from an unprecedented proliferation of new services and products that previously were simply too costly to be developed and marketed to customers. These digital interactions create vast amounts of data. While firms are already using...
Was haben Wettbewerbspolitik und Produktivität miteinander zu tun? Dieser Frage ist der Industrieökonom Tomaso Duso nachgegangen. Je besser der Wettbewerb funktioniert, desto höher die Produktivität - das könnte man auf den ersten Blick meinen. Aber ganz so einfach ist es dann doch nicht. Denn die Probleme liegen wie so oft im Detail. Tomaso Duso hat sie sich angeschaut...
Big data is transforming the world we live in. The instant availability of information impacts how individuals consume, how businesses thrive or fail, how society makes scientific discoveries, as well as how governments design and implement informed policies. At a pace and scale unanticipated 20 years ago, information technology is enabling consumers globally. Uncountable services make use of a...