Research

Dominant web services will often incentivize mobile phone carriers to provide their customers access to their services at zero cost to the customer’s data plan, also known as zero-rating. In new research, Bruno Renzetti argues that this behavior can be a form of exclusionary conduct designed to solidify the monopolies of dominant online platforms and services that ultimately harms consumers even if it appears to lower their data costs at first glance.

Todd Gormley and Manish Jha find that institutional investors holding bonds may experience greater investor attention and more active shareholding voting on their equity positions.

Study participants are less likely to accept lower returns in support of social goals when acting as investors versus consumers or donors with a third accepting no reduction in returns. Additionally, those with higher income, women and Democrats were willing to accept lower return in support of social goals than those with lower income, men, Republicans and Independents.

In new research, Marco Grotteria, Max Miller, and S Lakshmi Naaraayanan create and analyze a dataset of more than 12,000 FARA filings to investigate the drivers and outcomes of foreign lobbying of U.S. legislators. Their findings can help inform new laws and regulations that improve government transparency and prevent the more nefarious effects of foreign lobbying.

Friedrich Hayek viewed the subject of rent-seeking not from the usual welfare economics perspective, but from a constitutional economics perspective. In a new paper,...

A political movement in the U.S. is encouraging municipalities and states to adopt ranked choice voting as a supposedly more representative voting method. In...

In new research, Şenay Ağca and Deniz Igan use the shock of the September 11 attacks and declaration of war on Afghanistan to show...

Adopting a deferred pay scheme for bank managers would provide them with needed funding during a downturn and would incentivize more conservativism when it comes to risk-taking.

Many scholars and policymakers have suggested regulating firms’ ability to price discriminate between consumers when they operate in a market prone to inactive users,...

A new empirical study examines whether advancements in automation and robotics have affected intergenerational income mobility. The authors find that parents’ exposure to new...