Consumers shop to meet their needs. When buying, they always compare and evaluate the available alternatives to the goods. The purchasing process involves various factors. These factors can also be described as attributes that can affect consumers during the purchasing process. Identifying...

Consumers' inflation expectations play a key role in the monetary transmission mechanism. As such, it is crucial for monetary policymakers to understand what they are and how they are formed. In this paper we introduce the (un)certainty channel as means to shed light on some of the more puzzling...

Wanghong refers to a particular stream of vocational Chinese internet celebrities that have acquired their celebrity online and have acute incentives through various models to liquidate such online influence. While the wanghong economy is often projected as a new platform economy that is by the...

This paper aims to present how the concept of ‘Green Banking’ is perceived in Romania. The first part contains relevant information on the importance of approaching a Green direction, referring to the objectives of the 2030 Agenda. The paper continues with a presentation of important...

Consumers shop to meet their needs. When buying, they always compare and evaluate the available alternatives to the goods. The purchasing process involves various factors. These factors can also be described as attributes that can affect consumers during the purchasing process. Identifying...

Consumers' inflation expectations play a key role in the monetary transmission mechanism. As such, it is crucial for monetary policymakers to understand what they are and how they are formed. In this paper we introduce the (un)certainty channel as means to shed light on some of the more puzzling...

The COVID-19 pandemic has shown once again that it is often the poor who suffer from economic downturn in times of crisis. As was the case in the financial crisis of 2008, we now have an opportunity to rethink the role of consumer credit in society and design and create a legal framework that...

Can monetary policy stimulate consumption through inflation expectations? We study how US consumers revise inflation expectations and planned consumption in response to monetary policy shocks using VAR models, where we identify exogenous policy shocks with interest rate surprises around FOMC...

Wanghong refers to a particular stream of vocational Chinese internet celebrities that have acquired their celebrity online and have acute incentives through various models to liquidate such online influence. While the wanghong economy is often projected as a new platform economy that is by the...

We examine the formation of inflation expectations of US consumers, capturing the impact of their other macroeconomic expectations and self-assessments regarding risk aversion and health. Our results suggest that expectations regarding various macroeconomic variables, e.g., expected developments...

Die Inflationsrate hat im Euroraum zuletzt einen Höchstwert erreicht. Neben der amtlich gemessenen Inflationsrate wurde die subjektive Inflationswahrnehmung hingegen wenig beachtet. Dieser Beitrag füllt diese Lücke, indem auf Grundlage einer repräsentativen Befragung die subjektive...

Brands' perspectives on consumption and consumers have strongly changed during the pandemic because, lately, they have focused on medical care and innovation. The context of advertising campaigns requires a different approach with specific communication characteristics: safety, medical care,...

The IPCC report on climate change published in August 2021 has provided a stark reminder that human activity is unequivocally responsible for global warming and changing environmental conditions on Earth. At the same time, the growing commitment of governments and companies across the world to...

The e-commerce is becoming increasingly essential and principally relevant in the modern world, especially in the current pandemic. Due to the increased use of the Internet, the growth of e-commerce has escalated. This research focuses on the e-commerce environments of Singaporean and Austrian...

The development of artificial intelligence is one of the main paradigms of the contemporary society, which will radically change the existence of individuals and our society and it will have important effects on the economy. The use of artificial intelligence in the daily work of individuals and...

This study aims to identify middle-class consumers’ habits in four countries during the pandemic of 2020, with special attention to analogous consumers’ reactions to extraordinary circumstances during the recession of 2008. Furthermore, this study tried to detect the impact of the pandemic...

The organic street markets are considered a short food supply chain, and their importance gained new proportions since COVID-19 brought difficulties to the traditional supply chain. The organic street markets represent a place to sell the product for organic family farmers and an opportunity to...

Purpose - This study aims to investigate consumer behaviour towards online shopping, which further examines various factors limiting consumers for online shopping behaviour. The purpose of the research was to find out the problems that consumers face during their shopping through online stores....

Der Sachverständigenrat für Verbraucherfragen hat erstmals ein breit angelegtes Gutachten zur Lage der Verbraucher:innen in Deutschland vorgelegt. Gert G. Wagner, Mitglied im Sachverständigenrat für Verbraucherfragen, stellt aus seiner persönlichen Sicht ausgewählte Analysen, Ergebnisse...

The Population explosion has led to excessive consumption and exploitation of natural resources resulting in degradation of the biophysical environment. Many agitations have gained momentum in various parts of the world to protect it from environmental degradation. Many governments have banned...

This paper analyzes pricing decisions and competition in network markets, assuming that groups of consumers can coordinate their choices when it is in their interest, if coordination does not require communication. It is shown that multiple asymmetric networks can coexist in equilibrium. A...

Inflation expectations constitute a subject of particular contemporary interest to central banks, especially those pursuing a monetary policy based on a strategy of direct inflation targeting. Macroeconomic theory indicates that the transmission of monetary policy impulses bears a close...

We study the effects of consumer information on equlibrium market prices and observable product quality in the market for child care. Child care markets offer a unique opportunity to study these effects because of the existence of resource and referral agencies (R&Rs) in some markets. R&Rs...

Neoclassical theory postulates that preferences between two goods are independent of the consumer's current entitlements. Several experimental studies have recently provided strong evidence that this basic independence assumption, which is used in most theoretical and applied economic models to...

Brands’ perspectives on consumption and consumers have strongly changed during the pandemic because, lately, they have focused on medical care and innovation. The context of advertising campaigns requires a different approach with specific communication characteristics: safety, medical care,...

Consumers solve many agency problems, by pointing out when they believe that agents have made mistakes. This paper considers the role that consumers play in inducing efficient behavior by agents. I distinguish between two case: those where consumers have similar preferences to the principal, and...

In the context of emission trading it seems to be taken as given that people's preferences can be ignored with respect to the whole process of fixing emission targets and allocating emission permits to polluters. With this paper we want to reopen the debate on how citizens can be involved in...

By carefully matching the datasets from the Michigan Survey of Consumers with the Survey of Professional Forecasters, we show that there exists substantial heterogeneity in the propensity of U.S. households to learn from experts in forming inflation expectations. Additional results for a group...

Free walk housing systems aim to address major animal health issues for dairy cows and support higher animal welfare. The purpose of this study is to estimate consumer acceptance of different housing systems and willingness to pay (WTP) for milk from tie-stall, cubicle, compost-bedded, and...

This paper axiomatizes an index of consumer freedom of choice and applies it to U.S. consumer data from 2004 to 2017. The Renyi entropy arises naturally as an index of the residual of welfare that remains after accounting for total consumption, the price level, and inequality. We show that this...

In this paper, we exploit new sources of cross-sectional data to estimate a detailed product-level demand system for new passenger vehicles. We use four data sources: on the characteristics of products, on the attributes of the U.S. population of households, on the match between the first and...

This paper studies how to calculate the propensity of individuals to participate in e-commerce, studying the variables that affect costumers at the time of the online transactions and how to modify their inclination to it, being the most relevant variables socioeconomic and those which are...

Aim: This paper assesses theoretically and empirically three key factors for sustainable development within context of debates about economy and environment: autonomous technological change, induced technological change and barriers of entry to innovations. Design/research methods: The paper...

Road transport causes one fifth of the EU's total emissions of carbon dioxide (CO2), which are especially high in cities. A suggested solution to this situation is the introduction of electric vehicles (EV). However, evidence from European countries shows that, without any governmental support,...