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deviate from recent choices: salience, inertia, the formation of habits, the use of rules of thumb, or the locking in on … in which players display precisely such a bias towards recent choices. In addition, players choose best replies to …
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psychological mechanisms in determining career choices and how these mechanisms are affected by relevant institutions such as the …
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While many studies have documented deviations from the Law of One Price in international settings, evidence is scarce on the extent to which consumers take advantage of price differentials and engage in cross border shopping. We use data from 287 Swedish municipalities to estimate how responsive...
Persistent link: https://www.econbiz.de/10002609537
Rapid price decreases for ICT-products in the 1990s have been largely attributed to the introduction of hedonic price indexes. Would hedonic price indexing also have large effects on measured price and productivity during earlier technological breakthroughs? This paper investigates the impact of...
Persistent link: https://www.econbiz.de/10002595427
This paper examines the relation between prices in conventional stores and on the Internet. Main results from the theoretical analysis are i) we expect a discrete fall in prices in conventional stores as the share of the population with access to Internet reaches a critical level, ii) the...
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