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Kinky Choices, Dictators and Split Might: A Non-Cooperative Model for Household Consumption and Labor Supply
Boone, Jan; van der Wiel, Karen; Vermeulen, Frederic - C.E.P.R. Discussion Papers - 2009
on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor …
Persistent link: https://www.econbiz.de/10005039583
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To Charge or Not to Charge: Evidence from a Health Products Experiment in Uganda
Fischer, Greg; Karlan, Dean S.; McConnell, Margaret; … - C.E.P.R. Discussion Papers - 2014
comparison effect, decrease subsequent demand. This tension is particularly important for the distribution of health products in … Northern Uganda in which three health products differing in their scope for learning were initially offered either for free or …
Persistent link: https://www.econbiz.de/10011083717
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Trickle-Down Consumption
Bertrand, Marianne; Morse, Adair - C.E.P.R. Discussion Papers - 2015
-rich households consume a larger share of their current income when exposed to a higher top income and consumption levels. We argue …
Persistent link: https://www.econbiz.de/10011196035
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Unemployment and Consumption: Are Job Losses Less Painful near the Mediterranean?
Bentolila, Samuel; Ichino, Andrea - C.E.P.R. Discussion Papers - 2000
In this paper we analyse the relationship between unemployment and consumption. We study this relationship with panel … smaller consumption losses in Spanish and Italian households. We discuss this finding in the light of different market and … that credit and insurance markets are also more developed in the North than in the South, existing theories of consumption …
Persistent link: https://www.econbiz.de/10005791504
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Asymmetric Sequential Search under Incomplete Information
Minchuk, Yizhaq; Sela, Aner - C.E.P.R. Discussion Papers - 2015
We study a two-stage sequential search model with two agents who compete for one job. The agents arrive sequentially, each one in a different stage. The agents' abilities are private information and they are derived from heterogeneous distribution functions. In each stage the designer chooses an...
Persistent link: https://www.econbiz.de/10011276381
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Nudging with information: a randomized field experiment on reminders and feedback
Calzolari, Giacomo; Nardotto, Mattia - C.E.P.R. Discussion Papers - 2011
Can people be helped to stick to their plans with a little help from information? We provide a theoretical and empirical analysis of the effects of reminders and feedback on investment activities involving up-front costs and delayed benefits, such as education and healthy behavior. By means of a...
Persistent link: https://www.econbiz.de/10009322502
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On the Strategic Use of Attention Grabbers
Eliaz, Kfir; Spiegler, Ran - C.E.P.R. Discussion Papers - 2010
When a firm decides which products to offer or put on display, it takes into account the products' ability to attract attention to the brand name as a whole. Thus, the value of a product to the firm emanates from the consumer demand it directly meets, as well as the indirect demand it generates...
Persistent link: https://www.econbiz.de/10008468565
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Consideration Sets and Competitive Marketing
Eliaz, Kfir; Spiegler, Ran - C.E.P.R. Discussion Papers - 2009
We study a market model in which competing firms use costly marketing devices to influence the set of alternatives which consumers perceive as relevant. Consumers in our model are boundedly rational in the sense that they have an imperfect perception of what is relevant to their decision...
Persistent link: https://www.econbiz.de/10008528545
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Reason-Based Choice: A Bargaining Rationale for the Attraction and Compromise Effects
de Clippel, Geoffroy; Eliaz, Kfir - C.E.P.R. Discussion Papers - 2009
This paper proposes a model of boundedly rational choice that explains the well known attraction and compromise effects. Choices in our model are interpreted as a cooperative solution to a bargaining problem among an individual’s conflicting dual selves. We axiomatically characterize a unique...
Persistent link: https://www.econbiz.de/10004976794
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Why Do Market Shares Matter?: An Information-Based Theory
Caminal, Ramon; Vives, Xavier - C.E.P.R. Discussion Papers - 1992
We analyse the informational content of market shares and prices in a dynamic duopoly model in which consumers have heterogenous information on the quality differential (q) of two goods. It is shown that when firms are poorly informed about q, and therefore the ability of prices to reveal...
Persistent link: https://www.econbiz.de/10005124015