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The different effect of consumer learning on incentives to differentiate in Cournot and Bertrand competition

Conze, Maximilian; Kramm, Michael - 2017

Brander and Spencer (2015a,b), to analyze the effect of consumer learning on firms' incentives to differentiate their products … more likely to invest in differentiation with consumer learning than without. This is in line with implications of the … firms compete in prices. Here, the effect of consumer learning is reversed, so that differentiation is less likely with …

Persistent link: https://www.econbiz.de/10011582620

Social Learning and Strategic Pricing with Rating Systems

Chen, Chia‐Hui; Chen, Kong-pin; Ishida, Junichiro - 2023

Despite widespread use in online transactions, rating systems only provide summary statistics of buyers' diverse opinions at best. To investigate the consequences of this coarse form of information aggregation, we consider a dynamic lemons market in which buyers share their evaluations...

Persistent link: https://www.econbiz.de/10014345170

Consumer search : what can we learn from pre-purchase data?

Honka, Elisabeth; Seiler, Stephan; Ursu, Raluca - 2023

Researchers are increasingly able to observe consumers’ behavior prior to a purchase, such as their navigation through a store or website and the products they consider. Such pre-purchase (or search) data can be valuable to researchers in a variety of ways: as an additional source of...

Persistent link: https://www.econbiz.de/10014434021

Privacy concerns, voluntary disclosure of information, and unraveling : an experiment

Benndorf, Volker; Kübler, Dorothea; Normann, Hans-Theo - 2013

We study the voluntary revelation of private, personal information in a labor-market experiment with a lemons structure where workers can reveal their productivity at a cost. While rational revelation improves a worker's payo , it imposes a negative externality on others and may trigger further...

Persistent link: https://www.econbiz.de/10009789435

Privacy concerns, voluntary disclosure of information, and unraveling : an experiment

Benndorf, Volker; Kübler, Dorothea; Normann, Hans-Theo - 2013

We study the voluntary revelation of private, personal information in a labor-market experiment with a lemons structure where workers can reveal their productivity at a cost. While rational revelation improves a worker's payout, it imposes a negative externality on others and may trigger further...

Persistent link: https://www.econbiz.de/10010188736

Privacy concerns, voluntary disclosure of information, and unraveling : an experiment

Benndorf, Volker; Kübler, Dorothea; Normann, Hans-Theo - 2014

We study the voluntary revelation of private information in a labor-market experiment where workers can reveal their productivity at a cost. While rational revelation improves a worker's payoff, it imposes a negative externality on others and may trigger further revelation. Such unraveling can...

Persistent link: https://www.econbiz.de/10010437281

I don't want to hear about it : rational ignorance among duty-orientd consumers

Nyborg, Karine (contributor) - 2008

Individuals with a preference for keeping moral obligations may dislike learning that voluntary contributions are …

Persistent link: https://www.econbiz.de/10003751905

Conducting interactive experiments online

Arechar, Antonio A.; Gächter, Simon; Molleman, Lucas - 2017

Online labor markets provide new opportunities for behavioral research, but conducting economic experiments online raises important methodological challenges. This particularly holds for interactive designs. In this paper, we provide a methodological discussion of the similarities and...

Persistent link: https://www.econbiz.de/10011602758

Conducting interactive experiments online

Arechar, Antonio A.; Gächter, Simon; Molleman, Lucas - 2017

Persistent link: https://www.econbiz.de/10011607542

Cultural Goods and Willingness-to-Pay : An Experiment Design. (Bienes Culturales Y Willingness-to-Pay: Una Perspectiva De Diseno Experimental)

Marco-Serrano, Francisco - 2007

Within the framework of the Experimental Economics, a Market Experiment is designed in order to test the existence of a dual demand (those from consumers and non-consumers) for Cultural Goods, following previous research (Rausell-Koster et al. (2001), Rausell-Koster and Marco-Serrano (2000),...

Persistent link: https://www.econbiz.de/10014067268