Global warming has increased the frequency and intensity of extreme climate change events. We study the impact of a severe climate change event, particularly wildfire smoke, on consumer purchases of sustainable products by combining retail scanner and air quality data. Exploiting the random...

Consumers in high-stakes product markets such as healthcare or finance often rely on experts' recommendations before making a purchase decision. However, how an expert constructs a specific set of recommendations and how it subsequently affects consumer choices and outcomes have been...