Joel Waldfogel
Dados Biográficos
| ID | 3822933 |
|---|---|
| NOME | Joel Waldfogel |
| PRENOMES | Joel |
| SOBRENOME | Waldfogel |
| ASSINATURA | WALDFOGEL J |
| AFILIAÇÕES | National Bureau of Economic Research |
| ORCID | 0000-0002-8040-7227 |
| VERIFICADO | Sim |
| TOTAL DE OBRAS | 18 |
| TOTAL DE CITAÇÕES | 89 |
| TOTAL COMO AUTOR | 18 |
| TOTAL COMO EDITOR | 0 |
| PRIMEIRO ANO DE PUBLICAÇÃO | 1992 |
| ANO MAIS RECENTE DE PUBLICAÇÃO | 2025 |
| ÍNDICE H | 7 |
The Welfare Effects of Gender-Inclusive Intellectual Property Creation
The First Sale Doctrine and Public Library Provision of Print and Electronic Books
Libraries deliver the majority of US book consumption, and library costs are kept low by the first sale doctrine's guarantee that libraries can lend print books without additional compensation to publishers. However, publishers' decisions to restrict ebook access may threaten libraries. We measure impacts of holdings on circulation; and library holdings choices suggest that library managers value instances of ebook circulation more than print. We…
Digital Renaissance
Quality Predictability and the Welfare Benefits from New Products
We explore the consequence of quality unpredictability for the welfare benefit of new products, using recent developments in recorded music as our context. We quantify the effects of new music on welfare using an explicit structural model of demand and entry with potentially unpredictable product quality. On the basis of plausible forecasting models of expected appeal, a tripling of the choice set according to expected quality adds substantially …
How Digitization Has Created a Golden Age of Music, Movies, Books, and Television
Digitization is disrupting a number of copyright-protected media industries, including books, music, radio, television, and movies. Once information is transformed into digital form, it can be copied and distributed at near-zero marginal costs. This change has facilitated piracy in some industries, which in turn has made it difficult for commercial sellers to continue generating the same levels of revenue for bringing products to market in the tr…
Digital Renaissance
The digital revolution poses a mortal threat to the major creative industries--music, publishing, television, and the movies. The ease with which digital files can be copied and distributed has unleashed a wave of piracy with disastrous effects on revenue. Cheap, easy self-publishing is eroding the position of these gatekeepers and guardians of culture. Does this revolution herald the collapse of culture, as some commentators claim? Far from it. …
Pop Internationalism
Advances in communication technologies have increased the availability of cultural goods across borders, raising concerns that cultural products from large economies will displace those in smaller economies. This article provides stylised facts about global music consumption and trade since 1960 using a unique data on popular music charts corresponding to over 98% of the global music market. Contrary to growing fears about large‐country dominance…
The Economics of Privacy
Pop Internationalism
Advances in communication technologies over the past half century have made the cultural goods of one country more readily available to consumers in another, raising concerns that cultural products from large economies -in particular the US -will displace the indigenous cultural products of smaller economies. In this paper we provide stylized facts about the global music consumption and trade since 1960, using a unique data on popular music chart…
Friend or Foe? Cooperation and Learning in High-Stakes Games
Why do people frequently cooperate in defiance of their immediate incentives? One explanation is that individuals are conditionally cooperative. As an explanation of behavior in one-shot settings, such preferences require individuals to be able to discern their opponents' preferences. Using data from a television game show, we provide evidence about how individuals implement conditionally cooperative preferences. We show that contestants forgo la…
Scroogenomics
Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lots--and lots--of gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receive--the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look exci…
The median voter and the median consumer
Does Consumer Irrationality Trump Consumer Sovereignty
Scholars working on the border of economics and psychology have documented many contexts in which individual decision-making is unreliable and might be improved by paternalistic interventions. Against this mounting body of negative evidence, economists' default belief in consumer sovereignty has been motivated primarily by theory rather than evidence. The goal of the present study is to see whether there is direct evidence supporting economists' …
Geography and the Internet
Who Affects Whom in Daily Newspaper Markets
When consumers share similar preferences, additional consumers will bring forth products that confer positive "preference externalities" on others. However, if distinct groups of consumers have substantially different preferences, the groups bring forth products with more appeal to themselves and less appeal to others. We document that in their capacity as daily newspaper consumers, blacks and whites are more likely to buy daily newspapers in mar…
The Selection Hypothesis and the Relationship between Trial and Plaintiff Victory
This paper develops implications of the selection hypothesis of George L. Priest and Benjamin Klein (1984) for the relationship between trial rates and plaintiff win rates. The author finds strong evidence for the selection hypothesis in estimated relationships between trial rates and plaintiff win rates at trial across case types and judges. He then structurally estimates the model on judge data, yielding estimates of the model's major parameter…
A Market Test for Race Discrimination in Bail Setting
Regression analysis, a common method of attempting to demonstrate racial and gender discrimination in hiring and other contexts, suffers from a number of shortcomings that invariably cast doubt on any incriminating results it produces. Most notably, regression models may fail to account for variables which correlate both with legitimate goals of a decisionmaker and with race! gender categories. In this article, Professors Ayres and Waldfogel offe…
Real Interest Rates and the Savings and Loan Crisis
Real interest rates shifted upwards by four or five percentage points in approximately 1980. The question is why. In this paper we review some of the more popular explanations and point out that they are somewhat inconsistent with the facts. We then present a new explanation which may partially account for the dramatic increase. We suggest that the upward shift in rates may be directly connected with the decade-long crisis in the savings and loan…
Who Affects Whom in Daily Newspaper Markets
When consumers share similar preferences, additional consumers will bring forth products that confer positive "preference externalities" on others. However, if distinct groups of consumers have substantially different preferences, the groups bring forth products with more appeal to themselves and less appeal to others. We document that in their capacity as daily newspaper consumers, blacks and whites are more likely to buy daily newspapers in mar…
The median voter and the median consumer
Geography and the Internet
A Market Test for Race Discrimination in Bail Setting
Regression analysis, a common method of attempting to demonstrate racial and gender discrimination in hiring and other contexts, suffers from a number of shortcomings that invariably cast doubt on any incriminating results it produces. Most notably, regression models may fail to account for variables which correlate both with legitimate goals of a decisionmaker and with race! gender categories. In this article, Professors Ayres and Waldfogel offe…
Pop Internationalism
Advances in communication technologies have increased the availability of cultural goods across borders, raising concerns that cultural products from large economies will displace those in smaller economies. This article provides stylised facts about global music consumption and trade since 1960 using a unique data on popular music charts corresponding to over 98% of the global music market. Contrary to growing fears about large‐country dominance…
The Selection Hypothesis and the Relationship between Trial and Plaintiff Victory
This paper develops implications of the selection hypothesis of George L. Priest and Benjamin Klein (1984) for the relationship between trial rates and plaintiff win rates. The author finds strong evidence for the selection hypothesis in estimated relationships between trial rates and plaintiff win rates at trial across case types and judges. He then structurally estimates the model on judge data, yielding estimates of the model's major parameter…
How Digitization Has Created a Golden Age of Music, Movies, Books, and Television
Digitization is disrupting a number of copyright-protected media industries, including books, music, radio, television, and movies. Once information is transformed into digital form, it can be copied and distributed at near-zero marginal costs. This change has facilitated piracy in some industries, which in turn has made it difficult for commercial sellers to continue generating the same levels of revenue for bringing products to market in the tr…
Quality Predictability and the Welfare Benefits from New Products
We explore the consequence of quality unpredictability for the welfare benefit of new products, using recent developments in recorded music as our context. We quantify the effects of new music on welfare using an explicit structural model of demand and entry with potentially unpredictable product quality. On the basis of plausible forecasting models of expected appeal, a tripling of the choice set according to expected quality adds substantially …
Real Interest Rates and the Savings and Loan Crisis
Real interest rates shifted upwards by four or five percentage points in approximately 1980. The question is why. In this paper we review some of the more popular explanations and point out that they are somewhat inconsistent with the facts. We then present a new explanation which may partially account for the dramatic increase. We suggest that the upward shift in rates may be directly connected with the decade-long crisis in the savings and loan…
Real Interest Rates and the Savings and Loan Crisis
Real interest rates shifted upwards by four or five percentage points in approximately 1980. The question is why. In this paper we review some of the more popular explanations and point out that they are somewhat inconsistent with the facts. We then present a new explanation which may partially account for the dramatic increase. We suggest that the upward shift in rates may be directly connected with the decade-long crisis in the savings and loan…
A Market Test for Race Discrimination in Bail Setting
Regression analysis, a common method of attempting to demonstrate racial and gender discrimination in hiring and other contexts, suffers from a number of shortcomings that invariably cast doubt on any incriminating results it produces. Most notably, regression models may fail to account for variables which correlate both with legitimate goals of a decisionmaker and with race! gender categories. In this article, Professors Ayres and Waldfogel offe…
The Selection Hypothesis and the Relationship between Trial and Plaintiff Victory
This paper develops implications of the selection hypothesis of George L. Priest and Benjamin Klein (1984) for the relationship between trial rates and plaintiff win rates. The author finds strong evidence for the selection hypothesis in estimated relationships between trial rates and plaintiff win rates at trial across case types and judges. He then structurally estimates the model on judge data, yielding estimates of the model's major parameter…
Who Affects Whom in Daily Newspaper Markets
When consumers share similar preferences, additional consumers will bring forth products that confer positive "preference externalities" on others. However, if distinct groups of consumers have substantially different preferences, the groups bring forth products with more appeal to themselves and less appeal to others. We document that in their capacity as daily newspaper consumers, blacks and whites are more likely to buy daily newspapers in mar…
Geography and the Internet
Does Consumer Irrationality Trump Consumer Sovereignty
Scholars working on the border of economics and psychology have documented many contexts in which individual decision-making is unreliable and might be improved by paternalistic interventions. Against this mounting body of negative evidence, economists' default belief in consumer sovereignty has been motivated primarily by theory rather than evidence. The goal of the present study is to see whether there is direct evidence supporting economists' …
The median voter and the median consumer
Scroogenomics
Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lots--and lots--of gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receive--the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look exci…
Pop Internationalism
Advances in communication technologies over the past half century have made the cultural goods of one country more readily available to consumers in another, raising concerns that cultural products from large economies -in particular the US -will displace the indigenous cultural products of smaller economies. In this paper we provide stylized facts about the global music consumption and trade since 1960, using a unique data on popular music chart…
Friend or Foe? Cooperation and Learning in High-Stakes Games
Why do people frequently cooperate in defiance of their immediate incentives? One explanation is that individuals are conditionally cooperative. As an explanation of behavior in one-shot settings, such preferences require individuals to be able to discern their opponents' preferences. Using data from a television game show, we provide evidence about how individuals implement conditionally cooperative preferences. We show that contestants forgo la…
The Economics of Privacy
Pop Internationalism
Advances in communication technologies have increased the availability of cultural goods across borders, raising concerns that cultural products from large economies will displace those in smaller economies. This article provides stylised facts about global music consumption and trade since 1960 using a unique data on popular music charts corresponding to over 98% of the global music market. Contrary to growing fears about large‐country dominance…
Digital Renaissance
The digital revolution poses a mortal threat to the major creative industries--music, publishing, television, and the movies. The ease with which digital files can be copied and distributed has unleashed a wave of piracy with disastrous effects on revenue. Cheap, easy self-publishing is eroding the position of these gatekeepers and guardians of culture. Does this revolution herald the collapse of culture, as some commentators claim? Far from it. …
Quality Predictability and the Welfare Benefits from New Products
We explore the consequence of quality unpredictability for the welfare benefit of new products, using recent developments in recorded music as our context. We quantify the effects of new music on welfare using an explicit structural model of demand and entry with potentially unpredictable product quality. On the basis of plausible forecasting models of expected appeal, a tripling of the choice set according to expected quality adds substantially …
How Digitization Has Created a Golden Age of Music, Movies, Books, and Television
Digitization is disrupting a number of copyright-protected media industries, including books, music, radio, television, and movies. Once information is transformed into digital form, it can be copied and distributed at near-zero marginal costs. This change has facilitated piracy in some industries, which in turn has made it difficult for commercial sellers to continue generating the same levels of revenue for bringing products to market in the tr…
Digital Renaissance
The First Sale Doctrine and Public Library Provision of Print and Electronic Books
Libraries deliver the majority of US book consumption, and library costs are kept low by the first sale doctrine's guarantee that libraries can lend print books without additional compensation to publishers. However, publishers' decisions to restrict ebook access may threaten libraries. We measure impacts of holdings on circulation; and library holdings choices suggest that library managers value instances of ebook circulation more than print. We…
The Welfare Effects of Gender-Inclusive Intellectual Property Creation
Economics (12 obras) · Computer Science (7 obras) · Business (6 obras) · Law (6 obras) · Political science (6 obras) · Advertising (5 obras) · Art (5 obras) · Sociology (5 obras) · Art History and Market Analysis (4 obras) · Consumer Market Behavior and Pricing (4 obras)