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, we distinguish durable-specific demand and supply shocks, while taking into account monetary and credit conditions. Our …
Persistent link: https://www.econbiz.de/10012197836
, we distinguish durable-specific demand and supply shocks, while taking into account monetary and credit conditions. Our …
Persistent link: https://www.econbiz.de/10013315322
We study how multi-attribute product choices are affected by peer influence. We propose a two-stage conjoint based approach to examine three behavioral mechanisms of peer influence. We find that when faced with information on peer choices, consumers update their attribute preferences in a...
Persistent link: https://www.econbiz.de/10014044565
In empirical demand, industrial organization, and labor economics, prices are often unobserved or unobservable since …-consistent demand analysis remains feasible in the presence of partially observed prices, and hence partially observed implied budget …
Persistent link: https://www.econbiz.de/10011284225
future demand. Possibly, consumers in our model prefer a flat rate to a measured tariff, even though this choice does not … are strong variations in demand. Moreover, we analyze the optimal nonlinear tariff. This tariff has a large flat part when …
Persistent link: https://www.econbiz.de/10014184126
How far can we go in weakening the assumptions of the general equilibrium model? Existence of equilibrium, structural stability and finiteness of equilibria of regular economies, genericity of regular economies and an index formula for the equilibria of regular economies have been known not to...
Persistent link: https://www.econbiz.de/10014204262
We investigate the relationship between centralized and decentralized collective demand models applied to consumption … individual preferences affect the relationship between centralized and decentralized demand …
Persistent link: https://www.econbiz.de/10013024790
We study the nonparametric identification of distributions of utility functions in a multiple purchase setting with a finite number of consumers. Each utility function takes as arguments subsets or, alternatively, quantities of the multiple goods. We exploit mathematical insights from auction...
Persistent link: https://www.econbiz.de/10013098024
demand. The optimal tariff is a flat rate if marginal cost of production is low compared to a consumer’s degree of loss … aversion and if there is enough variation in the consumer’s demand. Moreover, if consumers differ with respect to the degree of …-Rate Tariffs ; Nonlinear Pricing ; Uncertain Demand …
Persistent link: https://www.econbiz.de/10003987825
demand. The optimal tariff is a flat rate if marginal cost of production is low compared to a consumers degree of loss … aversion and if there is enough variation in the consumers demand. Moreover, if consumers differ with respect to the degree of …-Rate Tariffs ; Nonlinear Pricing ; Uncertain Demand …
Persistent link: https://www.econbiz.de/10009236785