| Tomaso Duso, Joanna Piechucka [u.a.]
Diskussionspapiere 1888 / 2020
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 affects consumer decisions through salience effects, its consumer welfare consequences ...
2020| Kevin Ducbao Tran
Diskussionspapiere 1889 / 2020
The rise of online platforms has disrupted numerous traditional industries. A prime example is the short-term accommodation platform Airbnb and how it affects the hotel industry. On the one hand, consumers can profit from Airbnb due to an increased number of choices and lower prices. On the other hand, critics of the platform argue that it allows professional hosts to operate de facto hotels while ...
2020| Maximilian Schäfer, Kevin Ducbao Tran
Weitere referierte Aufsätze
We argue that within-industry investor diversification is directly related to common ownership incentives (profit loads on rival firms by the manager of a firm) in product markets. Because of their respective investment strategies, passive investors are naturally more diversified than active investors. If more money flows from active toward passive investors, then common ownership incentives increase. ...
AEA Papers and Proceedings
110 (2020, S. 561-564
| Albert Banal-Estanol, Jo Seldeslachts, Xavier Vives
Diskussionspapiere 1894 / 2020
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 surprisingly scarce. In this paper we document that data as an input into machine learning tasks display features that support the claim of data being a source of market power. We study how data on keywords improve the search result quality ...
2020| Maximilian Schäfer, Geza Sapi
Referierte Aufsätze Web of Science
The purpose of this paper is to provide detailed insights into an approach to measure gross employment of the renewable energy (RES) industry in Germany in order to improve transparency and comparability. The method applied for the assessment of gross employment ﬁgures follows the input–output (IO) modeling approach and covers direct as well as indirect employment effects.All-in-all, four different ...
12 (2020), 15, 6163, 21 S.
| Marlene O'Sullivan, Dietmar Edler
Referierte Aufsätze Web of Science
Jahrbücher für Nationalökonomie und Statistik
240 (2020), 5, S. 677–690
| Steffi Dierks, Alexander Schiersch, Jan Stede
Die digitale Ökonomie hat unzählige Märkte nachhaltig verändert. Insbesondere Online Plattformen bieten eine noch nie dagewesene Auswahl an Produkten, gekoppelt mit innovativer Technologie, die das Zusammenfinden von Angebot und Nachfrage vereinfacht, Vertrauen aufbaut und Suchkosten reduziert. Gleichzeitig hat die neuartige Natur dieser Plattformen dazu geführt, dass sie teilweise mit den etablierten ...
XIII, 157 S.
| Kevin Ducbao Tran
Diskussionspapiere 1904 / 2020
In current power markets, the bulk of electricity is sold wholesale and transported to consumers via long-distance transmission lines. Recently, decentralized local power markets have evolved, often as isolated networks based on solar generation. We analyze strategic pricing, investment, and welfare in local power markets. We show that local power markets with peer-to-peer trading are competitive and ...
2020| Pio Baake, Sebastian Schwenen, Christian von Hirschhausen
Diskussionspapiere 1868 / 2020
Understanding the causes of the slowdown in aggregate productivity growth is key to maintaining the competitiveness of advanced economies and ensuring long-term economic prosperity. This paper is the first to provide evidence that investment in Knowledge-Based Capital (KBC), despite having a positive effect on productivity at the micro level, is a driver of the weak productivity performance at the ...
2020| Marie Le Mouel, Alexander Schiersch