Digital technology is the representation of information in bits. This technology has reduced
the cost of storage, computation, and transmission of data. Research on digital economics …

This review surveys technological disruption in banking, examining its impact on competition
and its potential to increase efficiency and customer welfare. It analyzes the possible …

The marketing mix (MM) is an integral part of a firm's marketing strategy sitting at the nexus
between a company and the marketplace. As such, it evolves together with the marketplace …

" According to historians, European trade took off at the end of the 12th century in what is
now the North of France, in the county of Champagne. 1 It is at this period that this county …

Inattention is a central, unifying theme for much of behavioral economics. It permeates such
disparate fields as microeconomics, macroeconomics, finance, public economics, and …

The aim of this article is to propose a theoretical framework for studying digital resignation,
the condition produced when people desire to control the information digital entities have …

Online prices are increasingly used for measurement and research applications, yet little is
known about their relation to prices collected offline, where most retail transactions take …

A large and growing share of retail prices all over the world are posted online on the
websites of retailers. This is a massive and (until recently) untapped source of retail price …

The Community of Advantage asks how economists should do normative analysis.
Normative analysis in economics has usually aimed at satisfying individuals' preferences. Its …

Building on a textbook description of associative memory, we present a model of choice in
which a choice option cues recall of similar past experiences. Memory shapes valuation and …