Showing 1 - 10 of 118
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
The standard assumption in economic theory is that preferences do not change as a result of experience with the … and compared. A Discrete Choice Experiment (DCE) was employed for establishing the relative importance of the following …
Persistent link: https://www.econbiz.de/10005656214
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
Using data from a unique pricing experiment, we investigate Vickrey’s conjecture that responsive pricing can be used to …
Persistent link: https://www.econbiz.de/10005661936
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
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
This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...
Persistent link: https://www.econbiz.de/10011084048
candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …
Persistent link: https://www.econbiz.de/10005791668
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
The price-aggressive discount format, popularized by chains such as Aldi and Lidl, is very successful in most Western economies. Its success is a major source of concern for traditional supermarkets. Discounters not only have a direct effect on supermarkets’ market shares, they also exert...
Persistent link: https://www.econbiz.de/10005114461