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Organizations, Diffused Pivotality and Immoral Outcomes

Falk, Armin; Szech, Nora - C.E.P.R. Discussion Papers - 2013

This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for …

Persistent link: https://www.econbiz.de/10011084048

Do Consumers Care About How Prices Are Set?

Courty, Pascal; Pagliero, Mario - C.E.P.R. Discussion Papers - 2007

Using a survey approach, we ask consumers to reveal their preferences over pricing schemes that may differ in terms of the average price of consumption, the amount of price variation, and the probability of being rationed. We find that consumers dislike pricing schemes that vary prices more but...

Persistent link: https://www.econbiz.de/10005504691

Explorations of the Effect of Experience on Preferences for a Health-Care Service

Neuman, Einat; Neuman, Shoshana - C.E.P.R. Discussion Papers - 2007

The standard assumption in economic theory is that preferences do not change as a result of experience with the …

Persistent link: https://www.econbiz.de/10005656214

Price Variation Antagonism and Firm Pricing Policies

Courty, Pascal; Pagliero, Mario - C.E.P.R. Discussion Papers - 2007

Pricing schemes that vary prices in response to demand shocks may antagonize consumers and reduce demand. At the same time, consumers may take advantage of the opportunities offered by price changes. Overall, the net impact of varying price on demand is ambiguous. We investigate the issue...

Persistent link: https://www.econbiz.de/10005656358

Does Responsive Pricing Smooth Demand Shocks?

Courty, Pascal; Pagliero, Mario - C.E.P.R. Discussion Papers - 2008

Using data from a unique pricing experiment, we investigate Vickrey’s conjecture that responsive pricing can be used to smooth both predictable and unpredictable demand shocks. Our evidence shows that increasing the responsiveness of price to demand conditions reduces the magnitude of...

Persistent link: https://www.econbiz.de/10005661936

Reference-Dependent Preferences and Loss Aversion: A Discrete Choice Experiment In the Health-Care Sector

Neuman, Einat; Neuman, Shoshana - C.E.P.R. Discussion Papers - 2007

A Discrete Choice Experiment (DCE) in the health-care sector is used to test the loss aversion theory that is derived … paper is the first to use a DCE to test the loss aversion theory. A DCE appears to be a highly suitable tool for this … with non-tangible attributes. A health-care event is used for empirical illustration: The loss aversion theory is tested …

Persistent link: https://www.econbiz.de/10005792351

The Impact of the Iraq War on US Consumer Goods Sales in Arab Countries

Clerides, Sofronis; Davis, Peter; Michis, Antonis - C.E.P.R. Discussion Papers - 2010

Did the rise in anti-American sentiment caused by the Iraq war affect sales of US goods abroad? We address this question using data on soft drink and fabric detergent sales in nine Arab countries. We find a statistically significant negative impact of the war on sales of US soft drinks in seven...

Persistent link: https://www.econbiz.de/10008684679

A Flexible Test for Present Bias and Time Preferences using Land-Lease Contracts

Gautier, Pieter A; van Vuuren, Aico - C.E.P.R. Discussion Papers - 2011

When agents have present bias, they discount more between now and the next period than between period t ( 1) and t + 1. How fast the future discount rate (evaluated today) decays is an empirical question. We show that the discount function can be non-parametrically identified with contracts that...

Persistent link: https://www.econbiz.de/10009251301

Consistency in Simple vs. Complex Choices over the Life Cycle

Brocas, Isabelle; Carrillo, Juan D; Combs, T. Dalton; … - C.E.P.R. Discussion Papers - 2015

for consistent decision-making. …

Persistent link: https://www.econbiz.de/10011186610

Is Cannabis a Stepping-Stone for Cocaine?

Ours, Jan C van - C.E.P.R. Discussion Papers - 2001

This Paper uses a unique dataset collected among inhabitants of Amsterdam, to study the dynamics in the consumption of cannabis and cocaine. If people start using these drugs they are most likely to do so at age 18-20 for cannabis and age 20-25 for cocaine. An analysis of the starting rates...

Persistent link: https://www.econbiz.de/10005497739