Fischer, Greg; Karlan, Dean S.; McConnell, Margaret; … - C.E.P.R. Discussion Papers - 2014
and hence more people learn about the product. On the other hand, lower prices may serve as price anchors and, through a … for sale at market prices. In line with prior studies, when the product has potential for positive learning, we do not … evidence of price anchors: future demand is lower after a free distribution than after a distribution at market prices. …