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exploration and lower individual and group payoffs. We test our predictions in an online lab experiment and show that the …
Persistent link: https://www.econbiz.de/10014544680
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's perception of product fairness. We discuss implications of our findings for financial planners hoping to help their customers …
Persistent link: https://www.econbiz.de/10012480718
I suppose that consumers see a firm as fair if they cannot reject the hypothesis that the firm is somewhat benevolent towards them. Consumers that can reject this hypothesis become angry, which is costly to the firm. I show that firms that wish to avoid this anger will keep their prices rigid...
Persistent link: https://www.econbiz.de/10012467772
fairness to their consumers. The theory relies on two psychological assumptions. First, customers care about the fairness of …
Persistent link: https://www.econbiz.de/10012453933
data from a pre-registered experiment that encouraged 3.1 million bank customers to save via SMS messages and train a …
Persistent link: https://www.econbiz.de/10012585440
consumer financial disclosure stems from lab experiments where subjects do not have competing demands on their attention or …
Persistent link: https://www.econbiz.de/10012479669
costs. We provide the first evidence on consumer valuation of fuel economy from a natural experiment. We examine the short …
Persistent link: https://www.econbiz.de/10012479794
We conduct two lab experiments and one field experiment to investigate demand for consumption agency in married couples …. The evidence we uncover is consistent across all three experiments. Subjects are often no better at guessing their spouse … indeed find significant evidence of demand for agency in all three experiments, and this demand varies with the cost and …
Persistent link: https://www.econbiz.de/10012480630