Showing 1 - 10 of 18
Bans on menthol cigarettes have been recommended by the World Health Organization, adopted throughout the European Union, and proposed by the United States Food and Drug Administration (FDA), primarily due to concerns that menthol cigarettes enable youth smoking. Yet there is almost no direct...
Persistent link: https://www.econbiz.de/10012479335
- the latter frequently approaching 100%. Whereas in 1994, the generic price index fell from 100 to 80 in the 12 months … following initial generic entry and by 24 months to 65, in 2009 the comparable generic price indexes are 68 and 27, respectively … Medicare Part D, the average price per prescription declined by 21.3% from 2006 to 2009, rather than increasing by 25-28% as …
Persistent link: https://www.econbiz.de/10012462225
consumption of goods and services that generate a negative externality. Second, individuals may choose to pay a price premium for … restraint and a voluntary price premium that mirrors the symmetry between environmental policies based on either quantities … introduction of a price-premium, green-electricity program. We find evidence of voluntary restraint and its relation to a voluntary …
Persistent link: https://www.econbiz.de/10012464968
A central assumption in public finance is that individuals optimize fully with respect to the incentives created by tax policies. In this paper, we test this assumption using two empirical strategies. First, we conducted an experiment at a grocery store where we posted tax-inclusive prices for...
Persistent link: https://www.econbiz.de/10012465294
This paper provides the first real-world evidence of Giffen behavior, i.e., upward sloping demand. Subsidizing the prices of dietary staples for extremely poor households in two provinces of China, we find strong evidence of Giffen behavior for rice in Hunan, and weaker evidence for wheat in...
Persistent link: https://www.econbiz.de/10012465410
Temporary price reductions (sales) are common for many goods and naturally result in large increase in the quantity … neglect dynamics, may overestimate price sensitiveness by up to a factor of 2 to 6 …
Persistent link: https://www.econbiz.de/10012469665
, and therefore different remaining lifetimes. By seeing how price differences across high and low mileage vehicles of … different fuel economies change in response to shocks to the price of gasoline, we estimate the relationship between vehicle …
Persistent link: https://www.econbiz.de/10012457227
In a field experiment in Uganda, a free distribution of three health products lowers subsequent demand relative to a sale distribution. This contrasts with work on insecticide-treated bed nets, highlighting the importance of product characteristics in determining pricing policy. We put forward a...
Persistent link: https://www.econbiz.de/10012458495
inattention parameter implied by the price discontinuities. In addition, our results suggest that estimating consumer …
Persistent link: https://www.econbiz.de/10012459842
. This paper provides a framework to uncover consumers' perceived price of nonlinear price schedules. I exploit price … respond to average price rather than marginal or expected marginal price. This sub-optimizing behavior makes nonlinear pricing …
Persistent link: https://www.econbiz.de/10012460127