2012년 11월 29일 목요일

Useful Economists

Steve Tadelis of Berkeley and Florian Zettelmeyer of Northwestern demonstrate that detailed information for used cars actually boosts up sales, probably by boosting their trust and confidence in products.

Tadelis also showed that narrowing choices for consumers can actually boost sales, and his findings are now applied on eBay.

Economists at Google use search terms like "job," "benefits," and "solitaire," that correlate closely with unemployment claims to help policy.

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