Algorithmic Pricing What Implications for Competition Policy?

Review of Industrial Organization - Pricing decisions are increasingly in the “hands” of artificial algorithms. Scholars and competition authorities have voiced concerns that those...     

Short-term fluctuations in incidental happiness and economic decision-making: experimental evidence from a sports bar

Experimental Economics - We develop a new experimental paradigm to study how emotions affect decision-making. We use it to investigate the impact of short-term fluctuations in incidental happiness...     

Sources of uncertainty in functional measurement methodology

Quality & Quantity - Functional measurement methodology is applied in many psychological fields to investigate cognitive operations of information integration that people use in judgment and...     

Heterogeneity in property tax capitalization: Evidence from municipalities in Wisconsin

This article provides evidence that higher property taxes usually decrease property value. On average, a 10% increase in property taxes decreases property value by more than 0.34%. To control for school quality and related sorting, we estimate within-school-district property tax impacts. The effective cost of services (driven by appraisal errors or tax code changes), preferences for local services, and the elasticity of supply of housing all play an important role in determining whether property taxes increase or decrease house prices. Locally produced and consumed municipal services such as trash collection are positively capitalized.     

Adoption Gaps of Environmental Adaptation Technologies with Public Effects

Environmental and Resource Economics - As the Intergovernmental Panel on Climate Change (2018) testifies, the world is a long way from halting climate change, let alone reverting it. The existence...