Showing 1 - 10 of 14
We study whether Amazon engages in self-preferencing on its marketplace by favoring its own brands (e.g., Amazon Basics) in search. To address this question, we collect new micro-level consumer search data using a custom browser extension installed by a panel of study participants. Using this...
Persistent link: https://www.econbiz.de/10013537786
beliefs about nominal debt and their own real net wealth. These changes in beliefs causally affect actual consumption and …
Persistent link: https://www.econbiz.de/10014372429
How quickly does marginal utility fall with increasing consumption? It depends on the dimension along which we consider concavity of the utility function. This paper estimates the distribution of heterogeneous curvature parameters in individuals' utility functions from hypothetical choice data,...
Persistent link: https://www.econbiz.de/10014468277
This paper studies how and why households adjust their spending, saving, and borrowing in response to transitory income shocks. We leverage new large-scale survey data to first quantitatively assess households' intertemporal marginal propensities to consume (MPCs) and deleverage (MPDs) (the...
Persistent link: https://www.econbiz.de/10014512045
For some kinds of goods, rarity itself is valued. "Fashionable'" goods are demanded in part because they are unique. In this paper, we explore the economics of rare goods using auctions of limited-edition shoes held by an e-commerce platform. We model endogenous entry and bidding in multi-unit...
Persistent link: https://www.econbiz.de/10013362005
We develop a new approach to identify different categories of depositors during periods of uncertainty and quantify their compensation to remain in the bank. We isolate withdrawals due to liquidity needs, deterioration of fundamentals, and expectation about withdrawal behavior of other...
Persistent link: https://www.econbiz.de/10013362023
preferences and beliefs, but also from the context in which people choose. When people behave automatically, biases creep in; snap …
Persistent link: https://www.econbiz.de/10014226178
attention frictions that inhibit transmission by partnering with a large bank to analyze a field experiment testing messages … inattentive financial decision-making to allow for disclosure treatment effects on attention. We find that reminders increase the …
Persistent link: https://www.econbiz.de/10014247964
experiment had a long-lasting effect on their beliefs. We find that receiving information directly persistently affected … household members' beliefs. This direct learning worked similar for men and women. By contrast, for household members who did … to the husband, it affected his wife's beliefs to a similar degree as if she had directly received the information …
Persistent link: https://www.econbiz.de/10013388869
Many platforms deploy data collected from users for a multitude of purposes. While some are beneficial to users, others are costly to their privacy. The presence of these privacy costs means that platforms may need to provide guarantees about how and to what extent user data will be harvested...
Persistent link: https://www.econbiz.de/10014322800