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Preparing U.S. Workers and Employers for an Autonomous Vehicle Future

Abstract: How will the introduction and diffusion of autonomous vehicles (AVs) affect U.S. workers? This highly fraught question promises soon to loom large in hometowns and policy realms across the nation. Given Americans’ current reliance on cars and trucks for most of our transportation, the transition to self-driving vehicles will change many lives and livelihoods, likely […]
DJ Wu, headshot

Platform Competition Under Network Effects: Piggybacking and Optimal Subsidization

Abstract: A repeated challenge in launching a two-sided market platform is how to solve the “chicken-and-egg” problem. The solution often suggested in the literature is subsidizing one side of the market to jumpstart adoption of the platform. In this paper, using a game-theoretic framework, we study piggybacking – importing users from external networks – as a […]
Michael Xiaoquan Zhang

Distributional Matthew Effect in Consumer Choices

Abstract: Existing research in word-of-mouth considers various descriptive statistics of rating distributions, such as the mean, variance, skewness, kurtosis, and even entropy and the Herfindahl-Hirschman Index. But real-world consumer decisions are often derived from visual perceptions about displayed rating distributions in the form of histograms. In this study, we argue that such distribution charts may […]
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Automation, Research Technology and Researchers’ Trajectories: Evidence from Computer Science and Electrical Engineering

Abstract: We examine how an increase in the availability of IT-based research technology influences the production of research ideas and the mobility of research in the ideas space. To do this, we leverage the unanticipated and substantial expansion in access to motion-sensing research technology that occurred as the consequence of the introduction and subsequent hacking […]
Joel Waldfogel headshot

Digital Renaissance: What Data and Economics Tell Us about the Future of Popular Culture

Abstract: The digital revolution poses a mortal threat to the major creative industries―music, publishing, television, and the movies. The ease with which digital files can be copied and distributed has unleashed a wave of piracy with disastrous effects on revenue. Cheap, easy self-publishing is eroding the position of these gatekeepers and guardians of culture. Does this […]

Garrett Johnson

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