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We develop a model where products liability trials provide information to consumers who are not parties to the …
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We develop a model where products liability trials provide information to consumers who are not parties to the …
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Extant research on hedonic goods has largely assumed that consumers justify consumption before consuming. However, in everyday life, consumers often justify hedonic consumption after consuming. For instance, a dieter may exercise in the few days after eating a luxurious chocolate cake. In three...
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