The digital economy has substantially reduced market frictions but also posed new challenges for the efficient functioning of markets. In particular, the drastic reductions in the costs of search, entry, transportation, and reproduction have profound implications for the role of platforms, the value of innovation, and the balance between firms' data needs and consumer privacy. I review some recent economic research that sheds light on these issues, and discuss how well-designed policies on competition, regulation, IP protection, and consumer privacy can improve market performance in the digital economy.
Download full-text PDF |
Source |
|---|---|
| http://www.ncbi.nlm.nih.gov/pmc/articles/PMC7237359 | PMC |
| http://dx.doi.org/10.1016/j.chieco.2020.101482 | DOI Listing |
Publication Analysis
Top Keywords
Similar Publications
Investment strategies for sustainable safe development of Chinese coal mine employees driven by digital intelligence.
Front Public Health
December 2024
School of Economics and Management, Huainan Normal University, Huainan, China.
China's "14th Five-Year Plan" proposes the construction of a "Digital China," posing the challenge of digital transformation to coal mining enterprises. It is critical to compare the effectiveness of investing in digital devices with that of human capital. This study establishes a structural equation model based on the 'regulation-situation-behavior' theoretical framework.
View Article and Find Full Text PDFThe effect of digital infrastructure development on household energy consumption expenditure--taking broadband China strategy as an example.
J Environ Manage
December 2024
School of Economics and Management, China University of Geosciences (Beijing), Beijing, 100083, PR China. Electronic address:
The provision of digital infrastructure and affordable energy for households is an important direction for improving the living conditions of the population. The link between digital infrastructure development and affordable energy should be examined if multiple sustainable development goals are to be achieved simultaneously for the residential sector. This study employs a staggered difference-in-differences model to investigate the effect of digital infrastructure development on household energy consumption expenditure (HECE) by using the Broadband China Strategy as an example.
View Article and Find Full Text PDFCan new-type infrastructure lead to regional green well-being? Evidence from China.
J Environ Manage
December 2024
International School, Vietnam National University, Hanoi, Viet Nam. Electronic address:
New-type infrastructure has an increasingly important role to play in realizing green well-being. By employing China's prefecture-level data from 2003 to 2021, we explore the influence of new-type infrastructure on green well-being and its impact mechanism. The results show that new-type infrastructure significantly improves regional green well-being (even under the presence of robustness tests and without policy intervention).
View Article and Find Full Text PDFUsing ERPs to unveil the authenticity evaluation and neural response to online rumors.
Sci Rep
December 2024
Department of Computer Science, College of Charleston, Charleston, SC, USA.
The rapid propagation of information in the digital epoch has brought a surge of rumors, creating a significant societal challenge. While prior research has primarily focused on the psychological aspects of rumors-such as the beliefs, behaviors, and persistence they evoke-there has been limited exploration of how rumors are processed in the brain. In this study, we experimented to examine both behavioral responses and EEG data during rumor detection.
View Article and Find Full Text PDFUnified Knowledge-Guided Molecular Graph Encoder with multimodal fusion and multi-task learning.
Neural Netw
December 2024
School of Computer Science, Wuhan University, Luojiashan Road, Wuchang District., Wuhan, 430072, Hubei Province, China; Hubei Key Laboratory of Digital Finance Innovation, Hubei University of Economics, No. 8, Yangqiaohu Avenue, Zanglong Island Development Zone, Jiangxia District, Wuhan, 2007, Hubei Province, China. Electronic address:
The remarkable success of Graph Neural Networks underscores their formidable capacity to assimilate multimodal inputs, markedly enhancing performance across a broad spectrum of domains. In the context of molecular modeling, considerable efforts have been made to enrich molecular representations by integrating data from diverse aspects. Nevertheless, current methodologies frequently compartmentalize geometric and semantic components, resulting in a fragmented approach that impairs the holistic integration of molecular attributes.
View Article and Find Full Text PDFWant AI Summaries of new PubMed Abstracts delivered to your In-box?
Enter search terms and have AI summaries delivered each week - change queries or unsubscribe any time!