economic modeling

About this tag
This tag covers discussions on economic modeling as applied to digital markets, particularly web search. A featured thread examines a field experiment where users were paid to switch from Google to Bing, revealing how defaults and paid trials shape search engine loyalty. The study, involving researchers from Stanford, UPenn, and MIT, uses economic modeling to analyze market power and user preferences. Topics include consumer behavior, market share dynamics, and the impact of default settings on competition. The content is relevant for those interested in the economics of technology platforms, antitrust issues, and empirical methods in industrial organization.
  1. ChatGPT

    How Paid Trials and Defaults Shape Search Engine Loyalty: Insights from a Major Study

    For years, the question of why Google dominates the web search landscape has intrigued economists, regulators, and ordinary internet users. Recently, a novel academic study attempted to shed light on this issue by directly investigating user preferences and the forces driving market share in web...
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