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We use a field experiment to examine how consumers respond to distinct combinations of default options (opt-in versus opt-out) and framing of economic incentives (gain versus loss). A randomized controlled trial (RCT) is implemented to investigate the demand reduction performance of three...
Persistent link: https://www.econbiz.de/10011204327
Since the March 11 earthquake, Japanese households have been facing a trade-off problem between decreasing dependency on nuclear power generation and avoiding an increase in electricity rates. We analyze this inner conflict quantitatively, adopting two economic-psychological approaches: First,...
Persistent link: https://www.econbiz.de/10010764315
We analyze the distributions of paper-paper and paper-patent citations and estimate the relationship between them, based on a sample of 4,763 published papers for which the corresponding authors were among the top 100 researchers in the life and medical sciences in Japan. We find that...
Persistent link: https://www.econbiz.de/10010894754
Purpose - We conduct a hypothetical dictator game with social distance and time delays using conjoint analysis. Design / methodology / approach - Responses from 1,347 Japanese adults are collected through an online survey, and their responses are analyzed using a random parameter logit model....
Persistent link: https://www.econbiz.de/10010703438
As expectations have risen about the deployment of smart grids, it is important to investigate the diffusion process of smart equipment such as smart meters, photovoltaic generation, and electric/hybrid vehicles. However, since the revealed preference data have not been accumulated for smart...
Persistent link: https://www.econbiz.de/10010717421
This study investigates the effects of large-scale research funding from the Japanese government on the research outcomes of university researchers. To evaluate the effects, we use the difference-in-differences estimator and measure research outcomes in terms of number of papers and citation...
Persistent link: https://www.econbiz.de/10010717427
This paper investigates smoking status, including nicotine dependence, on the basis of a quasi-hyperbolic discounting approach. This approach reconciles the traditional rational addiction model and the bounded rational addiction model. The paper measures two key parameters: impatience, in line...
Persistent link: https://www.econbiz.de/10010717440
Product bundling may benefit or harm consumers depending on the correlation between consumer willingness to pay for the bundled goods and the levels of market dominance of firms. We develop a structural demand model that allows for correlated consumer's willingness to pay and flexible...
Persistent link: https://www.econbiz.de/10013247844