Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10009658905
A decision maker offers a new product to a fixed number of adopters. The decision maker does not know the value of the product while adopters receive some private information about the value. We study how the decision maker may influence learning among adopters by manipulating the launch...
Persistent link: https://www.econbiz.de/10014210148
This paper presents experimental evidence that information feedback dramatically increases the price elasticity of demand in a setting where signals about quantity consumed are traditionally coarse and infrequent. In a randomized controlled trial, residential electricity customers are exposed to...
Persistent link: https://www.econbiz.de/10013101504
Persistent link: https://www.econbiz.de/10009626178
Persistent link: https://www.econbiz.de/10010386623
Imperfect information about product attributes inhibits efficiency in many choice settings, but can be overcome by providing simple, low-cost information. We use a randomized control trial to test the effect of high-frequency information about residential electricity usage on the price...
Persistent link: https://www.econbiz.de/10013019188
This paper presents experimental evidence that information feedback dramatically increases the price elasticity of demand in a setting where signals about quantity consumed are traditionally coarse and infrequent. In a randomized controlled trial, residential electricity customers are exposed to...
Persistent link: https://www.econbiz.de/10012460320