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times. We show that the rise in the aggregate savings ratio is driven by increases in uncertainty, rather than tightening of …
Persistent link: https://www.econbiz.de/10009530241
As in many school districts around the world, prospective high-school students in Ghana are assigned to schools through a centralized system. Using administrative data on applications, we report that virtually all students adopt a weakly dominated strategy, and matching outcomes show that...
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The article is devoted to the analysis of consumer behavior in conditions of uncertainty and risk. The urgency of the … uncertainty and risks in which humanity exists is steadily increasing. The paper considers the effects that explain consumer … behavior in conditions of uncertainty, examines consumer preferences when choosing alternatives, taking into account the degree …
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product differentiation into account. We study the impact of capacity costs, demand uncertainty, and vertical and horizontal …
Persistent link: https://www.econbiz.de/10013098833
The purpose of this paper is to examine whether people treat all forms of uncertainty in the same way. Studies … investigating known-risk gambles and ambiguous gambles have systematically used the urn context. Little systematic research has …
Persistent link: https://www.econbiz.de/10013072102
developed and emerging economies. In this paper we investigate the effect of uncertainty in consumption on pricing of pack sizes …. We emphasize the role of uncertainty in consumption as the main issue driving the choice of pack sizes and their pricing … without or another trip to the store. Consumers, also differ in the type of uncertainty they face. The producer can then …
Persistent link: https://www.econbiz.de/10013054702