Economic crises often result in massive job loss. However, although reduced employment has been shown to have many negative consequences for the affected individuals, it may also push them into new activities,…
We investigate whether online travel agents (OTAs) assign hotels worse positions in their search results if these set lower hotel prices at other OTAs or on their own websites. We formally characterize how an…
Policy makers are increasingly concerned about the combination of market power and massive data collection in digital markets. This concern is fueled by the theoretical prediction that more market power causes…