Showing 1 - 10 of 16
We study the efficacy of rebate rules in reward-based crowdfunding, where a project is only realized when a funding goal is met, and only those who pledge at least a reservation price receive a reward from the project. We propose and experimentally test two rebate rules against the customary...
Persistent link: https://www.econbiz.de/10014467759
Persistent link: https://www.econbiz.de/10014363784
We study the efficacy of rebate rules in reward-based crowdfunding, where a project is only realized when a funding goal is met, and only those who pledge at least a reservation price receive a reward from the project. We propose and experimentally test two rebate rules against the customary...
Persistent link: https://www.econbiz.de/10014479171
Biased online ratings can be harmful to both consumers and firms. We perform an experiment to assess the effect of the anchoring bias on con- sumer ratings. Our rating task is a framed variation of the slider task. We diverge from the literature by implementing non-numerical (visual) anchors. We...
Persistent link: https://www.econbiz.de/10014260200
Brokesova, Deck and Peliova [Int. J. Ind. Organ. 37 (2014) 229-237] have shown that comparative static results from two-period behavior-based pricing models hold in laboratory experiments, but they observed significant differences from point predictions. We report findings in conformity with...
Persistent link: https://www.econbiz.de/10013191564
We investigate experimentally whether individuals or groups are more lied to, and how lying depends on the group size and the monetary loss inflicted by the lie. We employ an observed cheating game, where an individual's misreport of a privately observed number can monetarily benefit her while...
Persistent link: https://www.econbiz.de/10014467774
This paper analyzes consumers' privacy choice concerning their private data and firms' ensuing pricing strategy. The General Data Protection Regulation passed by the European Union in May 2018 allows consumers to decide whether to reveal private information in the form of cookies to an online...
Persistent link: https://www.econbiz.de/10012290359
Brokesova, Deck and Peliova [Int. J. Ind. Organ. 37 (2014) 229-237] have shown that comparative static results from two-period behavior-based pricing models hold in laboratory experiments, but they observed significant differences from point predictions. We report findings in conformity with...
Persistent link: https://www.econbiz.de/10013197550
Persistent link: https://www.econbiz.de/10014363778
Earlier studies have shown that comparative static results from two-period behavior-based pricing models hold in laboratory experiments, while point predictions do not. We report findings in conformity with these point predictions throughout a uniform pricing benchmark, a replication and a...
Persistent link: https://www.econbiz.de/10014078538