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, procrastination increases the popularity of the default while individuals who care much about the opinion of others are more inclined …
Persistent link: https://www.econbiz.de/10010753266
The daunting complexity of important financial decisions can lead to procrastination. We evaluate a low …
Persistent link: https://www.econbiz.de/10010719264
This study examines consumer attitudes toward products of multinational and domestic companies in the Balkan region. In four ex-Yugoslav countries, various variables (general consumption attitudes, personality traits, and demography) were compared and analyzed as determinants of consumer...
Persistent link: https://www.econbiz.de/10010399467
Cost cap tariffs are pay-per-use tariffs for which costs cannot exceed a predefined cost limit. They were recently introduced to telecommunications markets, but were previously also applied in the insurance industry as deductibles or in the rental industry as day rates. This paper develops and...
Persistent link: https://www.econbiz.de/10010414290
We present a survey design that generalizes static conjoint experiments to elicit inter-temporal adoption decisions for durable goods. We show that consumers' utility and discount functions in a dynamic discrete choice model are jointly identified using data generated by this specific design. In...
Persistent link: https://www.econbiz.de/10010969265
Oggi le produzioni agricole biologiche sono in netta crescita sia a livello internazionale che nazionale. Tra le regioni italiane la Sicilia rappresenta la principale area di produzione e si colloca all’ultimo posto relativamente ai consumi. Attraverso un’indagine pilota nella citta di...
Persistent link: https://www.econbiz.de/10010875913
We analyze a consumer-choice model with price uncertainty, loss aversion, and expectation-based reference points. The implications of this model are tested in an experiment in which participants have to make a consumption choice between two sandwiches. Participants differ in their reported taste...
Persistent link: https://www.econbiz.de/10011267823
We examine the demand for wines in Sweden using five years of weekly data on sales, advertising, and expert reviews. The effect of a favorable review peaks in the week after publication with an increase in demand of 6 percent, and the effect remains significant for more than 20 weeks. We find...
Persistent link: https://www.econbiz.de/10009401171
To study whether consumers will pay more for products that generate charitable donations, we analyze data from eBay on charity and noncharity auctions of otherwise identical products. Charity prices are 6 percent higher, on average, than noncharity prices. Bids below the closing price are also...
Persistent link: https://www.econbiz.de/10008595866
This article explores how sales package frames (bundle vs. free gift) influence consumers’ cost assignments of target items (focal vs. supplementary) in durable product categories. The frames may influence consumers’ upgrade intentions and decisions as a result of their different perceptions...
Persistent link: https://www.econbiz.de/10010870866