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When Product Markets Become Collective Traps: The Case of Social Media

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NBER2023-10-01 更新2025-01-04 收录
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Individuals might experience negative utility from not consuming a popular product. With such externalities to non-users, standard consumer surplus measures, which take aggregate consumption as given, fail to appropriately capture consumer welfare. We propose an approach to account for these

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2023-10-01
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