We study the efficacy of rebate rules in reward-based crowdfunding, where a project is only realized when a funding goal is met, and only those who pledge at least a reservation price receive a reward from the project. We propose and experimentally test two rebate rules against the customary...

Biased online ratings can be harmful to both consumers and firms. We perform an experiment to assess the effect of the anchoring bias on con- sumer ratings. Our rating task is a framed variation of the slider task. We diverge from the literature by implementing non-numerical (visual) anchors. We...

Brokesova, Deck and Peliova [Int. J. Ind. Organ. 37 (2014) 229-237] have shown that comparative static results from two-period behavior-based pricing models hold in laboratory experiments, but they observed significant differences from point predictions. We report findings in conformity with...

Earlier studies have shown that comparative static results from two-period behavior-based pricing models hold in laboratory experiments, while point predictions do not. We report findings in conformity with these point predictions throughout a uniform pricing benchmark, a replication and a...

This paper analyzes consumers' privacy choice concerning their data and firms' ensuing pricing strategies. Consumers decide whether to reveal private information in form of cookies. We study this endogenous decision in a duopoly model with behavior-based pricing and conduct an experiment to test...

This paper analyzes consumers' privacy choice concerning their private data and firms' ensuing pricing strategy. The General Data Protection Regulation passed by the European Union in May 2018 allows consumers to decide whether to reveal private information in the form of cookies to an online...

We investigate experimentally whether individuals or groups are more lied to, and how lying depends on the group size and the monetary loss inflicted by the lie. We employ an observed cheating game, where an individual's misreport of a privately observed number can monetarily benefit her while...

We study a duopoly model of behavior-based pricing where consumers decide whether they reveal their data or remain anonymous. We contrast two data policies: in an open data policy, revealed data is accessible by both sellers in the market. The unique equilibrium displays that all consumers...

We investigate experimentally whether individuals or groups are cheated more, and how lying depends on the group size and the monetary loss inflicted by the lie. We employ an observed cheating game, where an individual’s misreport of a privately observed number can monetarily benefit her while...