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The influence of an up-front experiment on respondents’ recording behaviour in payment diaries : evidence from Germany
Sieber, Susann; Schmidt, Tobias - 2015
-of-sales expenditures. We are particularly interested in the effect of a behavioural experiment, eliciting respondents’ risk preferences, on … their recording behaviour. In the experiment, run shortly before the consumers start to fill in the diary, the consumers … literature on incentives. For participants who roll the die, the experiment can be seen as a tool to randomly assign an incentive …
Persistent link: https://www.econbiz.de/10011404296
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Choosing and using payment instruments : evidence from German microdata
Kalckreuth, Ulf von; Schmidt, Tobias; Stix, Helmut - 2009
significantly affect the use of cash in Germany …
Persistent link: https://www.econbiz.de/10003969563
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Choosing and Using Payment Instruments : Evidence from German Microdata
von Kalckreuth, Ulf - 2016
significantly affect the use of cash in Germany …
Persistent link: https://www.econbiz.de/10012991100
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Precautionary motives in short-term cash management : evidence from German POS transactions
Eschelbach, Martina; Schmidt, Tobias - 2013
This paper empirically investigates whether individuals withhold a certain amount of cash for precautionary reasons at the point-of-sale (POS) in order to be able to cover future transactions that might have to be paid for in cash. Such behaviour is costly for consumers because it imposes...
Persistent link: https://www.econbiz.de/10010192759
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Choosing and Using Payment Instruments : Evidence From German Microdata
von Kalckreuth, Ulf; Schmidt, Tobias; Stix, Helmut - 2021
significantly affect the use of cash in Germany …
Persistent link: https://www.econbiz.de/10013316278
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From intent to inertia : experimental evidence from the retail electricity market
Gravert, Christina - 2024
large-scale survey experiment with 3% of the Danish working-age population, I have gathered data on respondents’ factual …
Persistent link: https://www.econbiz.de/10014550939
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Whenever and wherever : the role of card acceptance in the transaction demand for money
Huynhy, Kim P.; Schmidt-Dengler, Philipp; Stix, Helmut - 2014
The use of payment cards, either debit or credit, is becoming more and more widespread in developed economies. Nevertheless, the use of cash remains significant. We hypothesize that the lack of card acceptance at the point of sale is a key reason why cash continues to play an important role. We...
Persistent link: https://www.econbiz.de/10010403621
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The role of card acceptance in the transaction demand for money
Huynh, Kim P.; Schmidt-Dengler, Philipp; Stix, Helmut - 2014
The use of payment cards, either debit or credit, is becoming more and more widespread in developed economies. Nevertheless, the use of cash remains significant. We hypothesize that the lack of card acceptance at the point of sale is a key reason why cash continues to play an important role. We...
Persistent link: https://www.econbiz.de/10010407513
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Habit formation in consumption : a meta-analysis
Havránek, Tomáš; Rusnak, Marek; Sokolova, Anna - 2015
We examine 567 estimates of habit formation from 69 studies published in peer-reviewed journals. In contrast to previous results for most fields of empirical economics, we find no publication bias in the literature. The median estimated strength of habit formation equals 0.4, but the estimates...
Persistent link: https://www.econbiz.de/10011284220
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Do consumers really follow a rule of thumb? : three thousand estimates from 130 studies say "Probably Not"
Havránek, Tomáš; Sokolova, Anna - 2016
We show that three factors combine to explain the mean excess sensitivity reported in studies estimating consumption Euler equations: the use of macro data, publication bias, and liquidity constraints. When micro data are used, publication bias is corrected for, and the households under...
Persistent link: https://www.econbiz.de/10011515752