In the last few years, apps have become an important tool to collect data. Especially in the case of data on people’s happiness, two projects have received substantial attention from both the media and the scientific world: “Track your happiness” from Killingsworth and Gilbert (Science, 330, 932-932, 2010), and “Mappiness,” from MacKerron (2012). Both happiness apps used the experience sampling
Abstract: The rise of dominant firms in data driven industries is often credited to their alleged data advantage. Empirical evidence lending support to this conjecture is lacking. In this paper, we show that data as an input into machine learning tasks displays features that favor the hypothesis that data is a source of market power. We study the search result quality for search keywords on
Abstract: In online commerce, obfuscation strategies by sellers are hypothesized to mislead consumers to their detriment and to the profit of sellers. One such obfuscation strategy is partitioned pricing in which the price is split into a base price and add-on fees. While empirical evidence suggests that partitioned pricing impacts consumer decisions through salience effects, its consumer
Abstract: When a patient with symptoms of urinary tract infection arrives at a physician's office, it needs to decide which antibiotic drug to prescribe. A drug's efficacy in treating the infection depends on the individual, time-dependent resistance profile of the bacterium causing the infection. Physicians can conduct antibiotic susceptibility tests in order to create current resistance profiles
As the Germany economy has slowed sharply and is facing increasing trade uncertainty, advancing the reform agenda is key to revive economic growth and address inequality. A long-standing public investment backlog is holding back the take-up of new technologies, productivity and private investment. While employment is strong, many workers earn low wages and women in particular often work reduced
The aim of this project is to use innovative approaches and heterogeneous data sources to advance research on forecasting economic development, predicting turning points and determining economic cycles. The first work package provides a comprehensive overview in the field of automated text analysis, the use of media data in the economic forecast and the methods of forecast evaluation, as well as
In the closing policy roundtable about Consumer and Competition Policy in Times of Rising Corporate Power, panelists Amelia Fletcher (University of East Anglia and Centre for Competition Policy), Marit Hansen (State of Schleswig-Holstein), Stefan Hunt (UK Competition and Markets Authority), Paul Nemitz (European Commission), and moderator Hans Friederiszick (E.CA Economics) engaged in a lively
In the first afternoon session, Matthew Gentzkow (Stanford University) and Helen Margetts (University of Oxford) presented their research on the political consequences of corporate power in digital markets.
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
Focusing on regulatory challenges in digital markets, in particular the rise of corporate power, the fourth annual Conference and Policy Forum of the Berlin Centre for Consumer Policies (BCCP) was held in Berlin on June 21st, 2019. Touching upon an issue at the forefront of current European and US policy debates, more than 100 participants, including academics from law and economics, policy
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