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Learning When to Quit: An Empirical Model of Experimentation in Standards Development

By Bernhard Ganglmair, Timothy Simcoe, and Emanuele Tarantino

òòò½Íø Journal: Microeconomics, August 2025

Using data from the Internet Engineering Task Force (IETF), a voluntary organization that develops protocols for managing internet infrastructure, we estimate a dynamic discrete choice model of the decision to continue or abandon a line of research. The m...

Asymptotic Learning with Ambiguous Information

By ±Êë±ô±ô³Ü³¾²ú Reshidi, ´³´Çã´Ç Thereze, and Mu Zhang

òòò½Íø Journal: Microeconomics, August 2025

We study asymptotic learning when the decision-maker faces ambiguity in the precision of her information sources. She aims to estimate a state and evaluates outcomes according to the worst-case scenario. Under prior-by-prior updating, we characterize the ...

Competition and Defaults in Online Search

By Francesco Decarolis, Muxin Li, and Filippo Paternollo

òòò½Íø Journal: Microeconomics, August 2025

This paper offers the first systematic quantitative assessment of default-option interventions designed to mitigate Google's search dominance. By analyzing interventions in the European Economic Area (EEA), Russia, and Turkey, we find that across all thre...