The Private Impact of Public Data: Landsat Satellite Maps Increased Gold Discoveries and Encouraged Entry

2021 ◽  
Author(s):  
Abhishek Nagaraj
Keyword(s):  
Market Share ◽  
Causal Effect ◽  
Public Data ◽  
Market Opportunities ◽  
New Entrants ◽  
Landsat Satellite ◽  
Relative Market Share ◽  
The Impact ◽  
Shed Light ◽  
Mapping Program

How does public data shape the relative performance of incumbents and entrants in the private sector? Using a simple theoretical framework, I argue that public data reduces investment uncertainty, facilitates the discovery of new market opportunities, and increases the relative market share of new entrants relative to incumbents. I shed light on these predictions by estimating the impact of public data from Landsat, a U.S. National Aeronautics and Space Administration satellite mapping program, on the discovery rates of new deposits by incumbents (seniors) and entrants (juniors) in the gold exploration industry. I exploit idiosyncratic timing variation and cloud cover in Landsat coverage across regions to identify the causal effect of public data on the patterns of gold discovery. I find that Landsat data nearly doubled the rate of significant gold discoveries after a region was mapped and increased the market share of new entrants from about 10% to 25%. Public data seem to play an important, yet relatively underexplored, role in driving performance differences across firms. This paper was accepted by Ashish Arora, entrepreneurship and innovation.

Shrouded Prices and Firm Reputation: Evidence from the U.S. Hotel Industry

2020 ◽  
Author(s):  
Bennett Chiles
Keyword(s):  
Rating Scale ◽  
Causal Effect ◽  
Hotel Industry ◽  
Firm Characteristics ◽  
Firm Reputation ◽  
Using Data ◽  
Online Travel ◽  
The Impact ◽  
Shed Light ◽  
The U.S

Firms in many industries engage in price obfuscation—tactics that intentionally make prices more difficult for consumers to discern. Although existing research has focused on the short-term financial gains that motivate firms to obfuscate, reputational concerns may at least partially counteract these incentives if consumers punish deceptive firms via loss of loyalty in future transactions and/or publicly observable negative feedback. This paper addresses the latter possibility, exploring the impact of mandatory shrouded surcharges on firm reputation in the U.S. hotel industry. Using data collected from two major online travel sites, I exploit differences in surcharge disclosure across booking channels to identify the causal effect of hidden “resort fees” on traveler ratings. I find that hidden fees decrease ratings by roughly 0.15 points (on a rating scale ranging from 1 to 5). The magnitude of this effect varies based on firm characteristics, and this variation is consistent with observed heterogeneity in resort fee adoption patterns: when the expected punishment is more severe, firms are substantially less likely to adopt shrouded surcharges. Results shed light on the extent to which reputational mechanisms may act as a check against price obfuscation and other similar practices intended to exploit boundedly rational consumers. This paper was accepted by Eric Anderson, marketing.

It Is More Than Language

2020 ◽  
pp. 79-98
Author(s):  
Dianne Toe ◽  
Louise Paatsch ◽  
Amy Szarkowski
Keyword(s):  
Specific Area ◽  
Cooperative Interaction ◽  
Social And Emotional Development ◽  
Children And Young People ◽  
Social And Emotional ◽  
The Social ◽  
Pragmatic Skills ◽  
Social Use ◽  
The Impact ◽  
Shed Light

Deaf and hard-of-hearing (DHH) children who use spoken language face unique challenges when communicating with others who have typical hearing, particularly their peers. In such contexts, the social use of language has been recognized as an area of vulnerability among individuals in this population and has become a focus for research and intervention. The development of pragmatic skills intersects with many aspects of child development, including emotional intelligence and executive function, as well as social and emotional development. While all these areas are important, they are beyond the scope of this chapter, which highlights the impact of pragmatics on the specific area of cognition. Cognitive pragmatics is broadly defined as the study of the mental processes involved in the understanding of meaning in the context of a cooperative interaction. This chapter explores how DHH children and young people construe meaning in the context of conversations and expository interactions with their peers. The chapter aims to examine the role played by the cognitive processes of making inferences and comprehending implicature, within the overall display of pragmatic skills. Further, the authors use this lens in the analysis of interactions between DHH children and their peers in order to shed light on the development of pragmatic skills in children who are DHH.

EXPRESS: Investigating the Effects of Excise Taxes, Public Usage Restrictions, and Anti-Smoking Ads across Cigarette Brands

2021 ◽  
pp. 002224292199456
Author(s):  
Yanwen Wang ◽  
Michael Lewis ◽  
Vishal Singh
Keyword(s):  
Market Power ◽  
Market Share ◽  
Brand Choice ◽  
Continuous Model ◽  
Marketing Strategies ◽  
Brand Strength ◽  
Excise Taxes ◽  
Cigarette Tax ◽  
Pass Through ◽  
The Impact

The prevalence of strong brands such as Coca-Cola, McDonald’s, Budweiser, and Marlboro in “vice” categories has important implications for regulators and consumers. While researchers in multiple disciplines have studied the effectiveness of anti-tobacco counter-marketing strategies, little attention has been given to how brand strength may moderate the efficacy of tactics such as excise taxes, usage restrictions, and educational advertising campaigns. In this research, we use a multiple discrete-continuous model to study the impact of anti-smoking techniques on smokers’ choices of brands and quantities. Our results suggest that while cigarette excise taxes decrease smoking rates, these taxes also result in a shift in market share towards stronger brands. Market leaders may be less affected by tax policies because their market power allows strong brands such as Marlboro to absorb rather than pass through increased taxes. In contrast, smoke-free restrictions cause a shift away from stronger brands. In terms of anti-smoking advertising we find minimal effects on brand choice and consumption. The findings highlight the importance of considering brand asymmetries when designing a policy portfolio cigarette tax hikes, smoke-free restrictions, and anti-smoking advertising campaigns.

scholarly journals Behavior of Traffic Congestion and Public Transport in Eight Large Cities in Latin America during the COVID-19 Pandemic

2021 ◽  
Vol 11 (10) ◽  
pp. 4703
Author(s):  
Renato Andara ◽  
Jesús Ortego-Osa ◽  
Melva Inés Gómez-Caicedo ◽  
Rodrigo Ramírez-Pisco ◽  
Luis Manuel Navas-Gracia ◽  
...  
Keyword(s):  
Latin American ◽  
Public Transport ◽  
Public Transportation ◽  
Traffic Congestion ◽  
Urban Transport ◽  
Control Measures ◽  
Johns Hopkins Hospital ◽  
Large Cities ◽  
Public Data ◽  
The Impact

This comparative study analyzes the impact of the COVID-19 pandemic on motorized mobility in eight large cities of five Latin American countries. Public institutions and private organizations have made public data available for a better understanding of the contagion process of the pandemic, its impact, and the effectiveness of the implemented health control measures. In this research, data from the IDB Invest Dashboard were used for traffic congestion as well as data from the Moovit© public transport platform. For the daily cases of COVID-19 contagion, those published by Johns Hopkins Hospital University were used. The analysis period corresponds from 9 March to 30 September 2020, approximately seven months. For each city, a descriptive statistical analysis of the loss and subsequent recovery of motorized mobility was carried out, evaluated in terms of traffic congestion and urban transport through the corresponding regression models. The recovery of traffic congestion occurs earlier and faster than that of urban transport since the latter depends on the control measures imposed in each city. Public transportation does not appear to have been a determining factor in the spread of the pandemic in Latin American cities.

A Tale of Two Entities

2021 ◽  
Vol 2 (2) ◽  
pp. 1-21
Author(s):  
Hossam ElHussini ◽  
Chadi Assi ◽  
Bassam Moussa ◽  
Ribal Atallah ◽  
Ali Ghrayeb
Keyword(s):  
Power Flow ◽  
Power Grid ◽  
Communication Protocols ◽  
Charging Infrastructure ◽  
Electric Vehicle Charging ◽  
Public Data ◽  
Simulation Based ◽  
Charging Stations ◽  
The Impact ◽  
Ev Charging

With the growing market of Electric Vehicles (EV), the procurement of their charging infrastructure plays a crucial role in their adoption. Within the revolution of Internet of Things, the EV charging infrastructure is getting on board with the introduction of smart Electric Vehicle Charging Stations (EVCS), a myriad set of communication protocols, and different entities. We provide in this article an overview of this infrastructure detailing the participating entities and the communication protocols. Further, we contextualize the current deployment of EVCSs through the use of available public data. In the light of such a survey, we identify two key concerns, the lack of standardization and multiple points of failures, which renders the current deployment of EV charging infrastructure vulnerable to an array of different attacks. Moreover, we propose a novel attack scenario that exploits the unique characteristics of the EVCSs and their protocol (such as high power wattage and support for reverse power flow) to cause disturbances to the power grid. We investigate three different attack variations; sudden surge in power demand, sudden surge in power supply, and a switching attack. To support our claims, we showcase using a real-world example how an adversary can compromise an EVCS and create a traffic bottleneck by tampering with the charging schedules of EVs. Further, we perform a simulation-based study of the impact of our proposed attack variations on the WSCC 9 bus system. Our simulations show that an adversary can cause devastating effects on the power grid, which might result in blackout and cascading failure by comprising a small number of EVCSs.

Regaining Control? The Political Impact of Policy Responses to Refugee Crises

2021 ◽  
pp. 1-34
Author(s):  
Omer Solodoch
Keyword(s):  
Public Opinion ◽  
Causal Effect ◽  
Political Trust ◽  
Sampling Period ◽  
The Political ◽  
Government Control ◽  
Policy Responses ◽  
Immigration And Asylum ◽  
Border Controls ◽  
The Impact

Abstract In response to the political turmoil surrounding the recent refugee crisis, destination countries swiftly implemented new immigration and asylum policies. Are such countercrisis policies effective in mitigating political instability by reducing anti-immigrant backlash and support for radical-right parties? The present study exploits two surveys that were coincidentally fielded during significant policy changes, sampling respondents right before and immediately after the change. I employ a regression discontinuity design to identify the short-term causal effect of the policy change on public opinion within a narrow window of the sampling period. The findings show that both Swedish border controls and the EU–Turkey agreement significantly reduced public opposition to immigration in Sweden and Germany, respectively. In Germany, support for the AfD party also decreased following the new policy. Public opinion time trends suggest that the policy effects were short lived in Sweden but durable in Germany. These effects are similar across different levels of proximity to the border and are accompanied by increasing political trust and a sense of government control over the situation. The findings have implications for understanding the impact of border controls on international public opinion, as well as for assessing the electoral effect of policy responses to global refugee crises.

The effect of Medicare Part D on prescription drug composition and demand

2015 ◽  
Vol 42 (2) ◽  
pp. 170-185 ◽  
Author(s):  
David Zimmer
Keyword(s):  
Prescription Drug ◽  
Medicare Part D ◽  
Medicare Part ◽  
Part D ◽  
Content Type ◽  
The Us ◽  
Upper Respiratory ◽  
Nationally Representative ◽  
The Impact ◽  
Shed Light

Purpose – The US Medicare Modernization Act of 2003 introduced optional prescription drug coverage, beginning in 2006, widely known as Medicare Part D. This paper uses up-to-date nationally representative survey data to investigate the impact of Part D not only on drug spending and consumption, but also on the composition of drug consumption. The paper aims to discuss these issues. Design/methodology/approach – Specifically, the paper investigates whether Part D impacted the number of therapeutic classes for which drugs were prescribed, and also whether Part D lead to increased usage of drugs for specific medical conditions that typically receive drug-intensive therapies. Findings – In addition to confirming findings from previous studies, this paper shows that Part D increased the number of therapeutic classes to which seniors receive drugs by approximately four classes. Part D also lead to increased usage of drugs used to treat upper respiratory disease, hypertension, and diabetes. Originality/value – While mostly concurring with previous studies on the spending impacts of Part D, this paper is the first to shed light on other impacts of Part D, specifically with respect to its impact on therapeutic classes for which drugs are prescribed.

Publishing Productivity in Sport Psychology 1970–2000: An Exploratory Examination of the Lotka-Price Law

2003 ◽  
Vol 25 (4) ◽  
pp. 477-483 ◽  
Author(s):  
Joseph Baker ◽  
Jennifer Robertson-Wilson ◽  
Whitney Sedgwick
Keyword(s):  
Sport Psychology ◽  
Scientific Productivity ◽  
Eminent Scientist ◽  
Research Papers ◽  
Limited Support ◽  
The Impact ◽  
Published Research ◽  
Shed Light

The current study examined whether the distribution of published research papers in the field of sport psychology followed the Lotka-Price Law of scientific productivity. All authors who had published articles in five sport psychology journals from 1970 to 2000 were considered. The impact of those authors was determined by the total number of published papers in all journals. Results provided limited support for the Lotka-Price Law; however, it appeared that the field of sport psychology was less elitist than other fields. Although these findings suggest that productivity in this field is similar to that in other fields of science, more research is needed to shed light on the role of the eminent scientist and the average researcher in the advancement of knowledge in sport psychology.

scholarly journals Benznidazole Treatment following Acute Trypanosoma cruzi Infection Triggers CD8+ T-Cell Expansion and Promotes Resistance to Reinfection

2002 ◽  
Vol 46 (12) ◽  
pp. 3790-3796 ◽  
Author(s):  
Bianca Perdigão Olivieri ◽  
Vinícius Cotta-de-Almeida ◽  
Tania Araújo-Jorge
Keyword(s):  
T Lymphocytes ◽  
Trypanosoma Cruzi ◽  
Immune Regulation ◽  
Immune Dysregulation ◽  
Direct Role ◽  
Parasite Replication ◽  
The Impact ◽  
Shed Light ◽  
Cruzi Infection

ABSTRACT Many studies have shed light on the mechanisms underlying both immunoprotection and immune dysregulation arising after Trypanosoma cruzi infection. However, little is known about the impact of benznidazole (N-benzyl-2-nitroimidazole acetamide), the drug available for clinical treatment of the infection, on the immune system in the infected host. In the present study we investigated the effect of benznidazole therapy on the lymphoid compartment during the course of experimental T. cruzi infection. Although amelioration of a variety of clinical and parasitological signs was observed in treated mice, amelioration of splenocyte expansion was not detected. Interestingly, this sustained splenomegaly observed in benznidazole-treated mice showed a preferential expansion of CD8+ T lymphocytes. Moreover, although benznidazole treatment blocked the expansion of recently activated CD4+ and CD8+ T cells seen in infected hosts, benznidazole treatment led to a selective expansion of effector and memory CD8+ T lymphocytes in association with a lower rate of apoptosis. In addition, the surviving treated animals were protected from reinfection. Together, these data suggest that, in addition to its well-known direct role in blocking parasite replication in vivo, benznidazole appears to directly affect immune regulation in T. cruzi-infected hosts.

Eviction and Voter Turnout: The Political Consequences of Housing Instability

2021 ◽  
pp. 003232922110507
Author(s):  
Gillian Slee ◽  
Matthew Desmond
Keyword(s):  
Voter Turnout ◽  
Causal Effect ◽  
Additive Model ◽  
The United States ◽  
Data Set ◽  
Endogeneity Bias ◽  
Political Consequences ◽  
Housing Costs ◽  
Election Results ◽  
The Impact

In recent years, housing costs have outpaced incomes in the United States, resulting in millions of eviction filings each year. Yet no study has examined the link between eviction and voting. Drawing on a novel data set that combines tens of millions of eviction and voting records, this article finds that residential eviction rates negatively impacted voter turnout during the 2016 presidential election. Results from a generalized additive model show eviction’s effect on voter turnout to be strongest in neighborhoods with relatively low rates of displacement. To address endogeneity bias and estimate the causal effect of eviction on voting, the analysis treats commercial evictions as an instrument for residential evictions, finding that increases in neighborhood eviction rates led to substantial declines in voter turnout. This study demonstrates that the impact of eviction reverberates far beyond housing loss, affecting democratic participation.

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