Essays On Social Interactions Competition And Markets
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Essays On Social Interactions Competition And Markets
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Author : Qi Wu
language : en
Publisher:
Release Date : 2021
Essays On Social Interactions Competition And Markets written by Qi Wu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.
This dissertation consists of three essays in the areas of Industrial Organizationand Applied Microeconomics, examining the role of social interactions on market outcomes and the welfare consequences. The first essay studies the role of social influence on consumer demand and firm competition through pricing strategies. Social influence is an important driver of consumption behavior, but its effect on firm competition and pricing is understudied. This paper investigates whether and how social influence affects product choices and firm competition, drawing on a novel dataset that consists of large-scale de-identified mobile call records from a city in China. I first identify social influence using a new identification strategy that exploits the partially overlapping network of friends and residential neighbors and the intertemporal variation in friend circles. I find that the purchasing probability for a phone model doubles with 10 percent more friends using the same model. Consumers are more likely to conform to wealthier friends and choose visually distinct features, suggesting that status-seeking motivation may be an important driver of social influence. I then evaluate how social influence affects firm competition by building and estimating a structural model that incorporates social influence in consumer demand. I find that social influence favors high-quality products while reducing low-quality products' market share. In addition, a small price drop of a product would lead to larger gains through quantity expansion by peers. Social influence, on average, reduces initial prices by 0.7 percent and increases subsequent prices by 0.1 percent. It also increases the total profits of new products by 3.4 percent and increases consumer surplus by about 1.7 percent. In the second essay, my co-authors and I examine the role of social referrals and information exchange in urban labor markets. We use the universe of deidentified and geocoded cellphone records for over a million individuals from a major Chinese telecommunication provider. We find that information flows, as measured by call volume, correlates strongly with worker flows, a pattern that persists at different levels of geographic aggregation. Conditional on information flow, socioeconomic diversity of the social contacts, especially that associated with the working population, helps to predict the worker flows. We supplement the phone records with administrative data on firm attributes and auxiliary data on job postings and residential housing prices. Referred jobs are associated with higher monetary gains, a higher likelihood to transition from part-time to full-time, reduced commuting time, and a higher probability of entering desirable jobs. The third essay studies the effects of parental retirement on adult children's labor supply through intergenerational time and monetary transfer. My coauthor and I exploit the mandatory retirement age in China as the cut-off point and apply a regression discontinuity (RD) approach to four waves of the China Family Panel Studies (CFPS) Dataset. Our findings suggest that parental retirement reduces adult children's annual hours of labor supply by 3 to 4 percent. This reduction is especially pronounced for female children. We find that the reduction can be explained by parents' increasing demand for time and care from children due to the significant drop in parents' self-rated health upon retirement. Although both male and female children increased their monetary and time transfers to parents, we find that parents tend to make more transfers to sons compared to daughters. Daughters are also more likely to make transfers to parents after they retire, both in terms of money and in terms of time.
Quarterly Essay 37 What S Right
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Author : Waleed Aly
language : en
Publisher: Black Inc.
Release Date : 2010-03-09
Quarterly Essay 37 What S Right written by Waleed Aly and has been published by Black Inc. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-03-09 with Political Science categories.
Where did the Right go wrong? With the departure of George W. Bush and John Howard, conservative parties in the US and Australia entered a period of turmoil. Foreign affairs, economics, the environment – all were issues to be avoided. Most profoundly, conservatives no longer seemed to have a compelling vision of the future – and arguably still don’t. How did the Right end up in this state? How might conservatism renew itself? In this illuminating essay, Waleed Aly begins by unravelling the terms “Right” and “Left,” arguing that these have become meaningless. He contends that conservative parties have backed themselves into a corner by embracing free-market extremism, and that an illiberal social politics – including prescribing who or what is Australian – is not the answer, electorally tempting though it may be. Aly discusses what a better conservatism might look like. He predicts that the key issues of the day, such as climate change and the financial crisis, mean a reactionary brand of politics is unlikely to work because public opinion is swiftly leaving it behind. He draws on the work of conservative thinkers, past and present, to sketch the kind of conservatism that seems scarce in Australia, but which would be a welcome presence here. This is a supple, clear and original argument for political change. “Our political discourse is drenched in Left and Right because it is so deeply impoverished. These terms are the hallmark of a political conversation that is obsessed with teams and uninterested in ideas.” —Waleed Aly, What's Right?
Industrial Organization Trade And Social Interaction
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Author : Gregory K. Dow
language : en
Publisher: University of Toronto Press
Release Date : 2010-01-01
Industrial Organization Trade And Social Interaction written by Gregory K. Dow and has been published by University of Toronto Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-01 with Social Science categories.
B. Curtis Eaton is one of Canada's leading microeconomists. As an applied economic theorist, Eaton has contributed greatly to industrial organization literature and has also worked in labour economics, economic geography, and organizational theory. The essays in this volume, by former students and present and former colleagues, call attention to the path-breaking work of Professor Eaton. The first two chapters provide a short overview of Eaton's research contributions and argue that his work laid the foundation for important research programs across the country. The remaining chapters, including an unpublished paper by Eaton himself, consist of original work that can be divided into the three broad categories of industrial organization and spatial competition, trade and productivity, and social interaction. Not only a collection of laudatory essays, Industrial Organization, Trade, and Social Interaction presents cutting edge research by leading scholars.
New Perspectives On Goffman In Language And Interaction
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Author : Lorenza Mondada
language : en
Publisher: Taylor & Francis
Release Date : 2023-09-27
New Perspectives On Goffman In Language And Interaction written by Lorenza Mondada and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-09-27 with Language Arts & Disciplines categories.
This collection highlights new perspectives on the work of Erving Goffman, revisiting his place in contemporary social theory and interactional linguistics research and its impact in surfacing new insights in conversation analysis and our understanding of Goffman’s legacy. The volume outlines the theoretical foundations of Goffman’s research across linguistics and the social sciences. Bringing together a crossdisciplinary group of scholars, the book is organized around these themes, with sections on self and identity, participation, and bodily practices in social interaction. Each chapter comprises three perspectives— look back at Goffman’s original texts, their correlation in contemporary empirical research in conversation analysis, and a discussion of conceptual implications in relevant fields such as interactional sociolinguistics, linguistic anthropology, critical sociolinguistics, and related disciplines. Taken as a whole, the book not only offers a comprehensive critical overview of Goffman’s legacy in empirical work in conversation analysis and the social sciences but also the conceptual grounding for new studies to investigate his continuing role in contemporary scholarship. This innovative collection will be of interest to students and scholars in sociolinguistics, linguistic anthropology, and critical discourse analysis as well as sub-disciplines of sociology and psychology.
Bargaining And Market Behavior
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Author : Vernon L. Smith
language : en
Publisher: Cambridge University Press
Release Date : 2000-06-12
Bargaining And Market Behavior written by Vernon L. Smith and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-06-12 with Business & Economics categories.
This second Cambridge University Press collection of papers by Vernon L. Smith, a creator of the field of experimental economics, includes many of his primary authored and coauthored contributions on bargaining and market behavior between 1990 and 1998. The essays explore the use of laboratory experiments to test propositions derived from economics and game theory. They also investigate the relationship between experimental economics and psychology, particularly the field of evolutionary psychology, using the latter to broaden the perspective in which experimental results are interpreted. The volume complements Professor Smith's earlier work by demonstrating the importance of institutional features of markets in understanding behavior and market performance. Specific themes investigated include rational choice, the notion of fairness, game theory and extensive form experimental interactions, institutions and market behavior, and the study of laboratory stock markets.
Value And Crisis Essays On Labour Money And Contemporary Capitalism
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Author : Alfredo Saad Filho
language : en
Publisher: BRILL
Release Date : 2019-02-11
Value And Crisis Essays On Labour Money And Contemporary Capitalism written by Alfredo Saad Filho and has been published by BRILL this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-02-11 with Business & Economics categories.
Value and Crisis brings together selected essays written by Alfredo Saad-Filho. This book examines the labour theory of value and its implications for the nature of neoliberalism, financialisation, inflation, monetary policy, and the crises of contemporary capitalism.
Social Relations In A Philippine Market
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Author : William G. Davis
language : en
Publisher: Univ of California Press
Release Date : 1973-01-01
Social Relations In A Philippine Market written by William G. Davis and has been published by Univ of California Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973-01-01 with Business & Economics categories.
Essays On Congruence Theory In Marketing
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Author : Robér Rollin
language : en
Publisher: Springer Nature
Release Date : 2022-09-30
Essays On Congruence Theory In Marketing written by Robér Rollin and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-30 with Business & Economics categories.
Digital products are intangible goods, mainly presented visually and acoustically to consumers in the form of videos, images, texts, and music that can be bought, downloaded, or streamed via various web stores. Their consumption primarily fulfills hedonic needs. Before purchasing, a consumer's interaction with a digital product is always mediated by technology. Therefore, consumers cannot directly judge the quality through "touch and feel" experiences. This book diminishes the ability to evaluate digital products. Therefore his thesis seeks to answer which product attributes have an impact on consumers' product evaluation, and purchase intention.
The Dark Side Of Marketing Communications
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Author : Tim Hill
language : en
Publisher: Routledge
Release Date : 2020-10-28
The Dark Side Of Marketing Communications written by Tim Hill and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-28 with Business & Economics categories.
What fuels capitalism and what stops it from collapsing? Does marketing communications support and sustain the economic and political status quo? This book is not about describing the ways in which businesses can optimize the messages they put across or about adding to the marketing communicator’s toolkit. This book argues that marketing communications plays an increasingly important role in bolstering contemporary capitalism. Drawing on conceptualizations of the ‘market’ from political economy and sociology, it focusses on five logics that underpin and sustain the form of capitalism in which we live: the logic of competition, the logic of sustainability, the logic of individualism, the logic of objectivity, and the logic of distraction. It does this by exploring those arenas which are increasingly dominated by the communicative activities of business: sport, CSR, social media, statistics, and entertainment. Bringing theories from marketing and consumer research, sociology, cultural studies, technology and media studies to bear on marketing communications, this book is necessary reading for undergraduate and postgraduate students and academics who wish to understand the broader role of marketing communications in the reproduction of contemporary capitalism.
Essays In Social Value Theory A Neoinstitutionalist Contribution
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Author : Marc R. Tool
language : en
Publisher: Routledge
Release Date : 2019-05-03
Essays In Social Value Theory A Neoinstitutionalist Contribution written by Marc R. Tool and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-03 with Business & Economics categories.
This is a collection of Marc Tool's essays on instituitional econonics, written over the 1980s.