DeFiPP research seminar by Lukasz Rachel
Leisure - Enhancing Technological Change
Date : 28/02/2023 16:00 - 28/02/2023 17:15
Lieu : E33 (Rempart de la Vierge, 8)
Orateur(s) : Lukasz Rachel (University College London)
Organisateur(s) : Christian Kiedaisch
Modern economies are awash with leisure-enhancing technologies: products supplied in exchange for time and attention, rather than money. This paper studies where such technologies come from and how they interact with the broader macroeconomy. Leisure innovation arises endogenously, propelled by the desire to capture consumers’ time and attention – inputs used to produce intangible assets such as brand equity capital. The non-rival nature of leisure products implies that the sector that is small in the aggregate can have significant effects at a macro level. The indirect monetization of leisure technologies means that the equilibrium level of leisure-focused R&D is inefficient.
Contact :
Christian Kiedaisch
-
christian.kiedaisch@unamur.be
Plus d'info :
https://defipp.unamur.be/seminars/2022-2023
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