Showing 1 - 10 of 1,209
, real decisions and have the opportunity to learn from experience? We report on a field experiment designed to address this …
Persistent link: https://www.econbiz.de/10013235304
individual liability, we develop and implement a two-stage field experiment that permits separate identification of peer …
Persistent link: https://www.econbiz.de/10013066523
We study the effect of price salience on whether a product is purchased and, conditional on purchase, the quality … purchased. Consistent with our theoretical predictions, we find that making the full purchase price salient to consumers reduces …. Detailed click-stream data shows that price-obfuscation makes price comparisons difficult and results in consumers spending …
Persistent link: https://www.econbiz.de/10012909112
direct dollar savings. Generic drug use may also yield indirect savings if it lowers the average price of those brand …-name producers to lower prices. However, consumer choices between generic and brand-name drugs could affect the average price of … consumers, presumably because consumers are more likely to substitute generics when the price gap is great. This effect is …
Persistent link: https://www.econbiz.de/10013236823
Temporary price reductions (sales) are common for many goods and naturally result in large increase in the quantity … neglect dynamics, may overestimate price sensitiveness by up to a factor of 2 to 6 …
Persistent link: https://www.econbiz.de/10013237922
policies. In this paper, we test this assumption using two empirical strategies. First, we conducted an experiment at a grocery …
Persistent link: https://www.econbiz.de/10013238744
This paper compares how cash and in-kind transfers affect local prices. Both types of transfers increase the demand for normal goods, but only in-kind transfers also increase supply. Hence, in-kind transfers should lead to lower prices than cash transfers, which helps consumers at the expense of...
Persistent link: https://www.econbiz.de/10013120196
. This paper provides a framework to uncover consumers' perceived price of nonlinear price schedules. I exploit price … respond to average price rather than marginal or expected marginal price. This sub-optimizing behavior makes nonlinear pricing …
Persistent link: https://www.econbiz.de/10013098134
In a field experiment in Uganda, a free distribution of three health products lowers subsequent demand relative to a …
Persistent link: https://www.econbiz.de/10013053160
This paper develops and estimates a search and bargaining model designed to measure the welfare loss associated with frictions in oligopoly markets with negotiated prices. We use the model to quantify the consumer surplus loss induced by the presence of search frictions in the Canadian mortgage...
Persistent link: https://www.econbiz.de/10013058698