Showing 1 - 10 of 67
Consumer switching costs cause the market demand of consumers who already bought a supplier's product to be less elastic while they simultaneously increase competition for new consumers. I study the effect of this twofold pricing incentive on firms' price setting behavior in a 2x2 factorial...
Persistent link: https://www.econbiz.de/10011892961
-making process. Financial literacy shows to lower demand for financial advice but it does not immunize against sunk cost fallacies …: High financial literate subjects are not less likely to follow financial advice than less literate subjects, even when the … quality of advice is moderate. Overconfidence biases the perceived need for information. Both results point to difficulties in …
Persistent link: https://www.econbiz.de/10011523264
Persistent link: https://www.econbiz.de/10011293372
Persistent link: https://www.econbiz.de/10011372671
Persistent link: https://www.econbiz.de/10011891210
Persistent link: https://www.econbiz.de/10011700905
Persistent link: https://www.econbiz.de/10011619013
Persistent link: https://www.econbiz.de/10011794838
Persistent link: https://www.econbiz.de/10011855737
Persistent link: https://www.econbiz.de/10012039995