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The Effect of Deceptive Advertising on Consumption of the Advertised Good and its Substitutes: The Case of Over-the-Counter Weight Loss Products

Cawley, John; Avery, Rosemary; Eisenberg, Matthew - Institute for the Study of Labor (IZA) - 2013

This paper is the first to estimate the impact of exposure to deceptive advertising on consumption of the advertised product and its substitutes. We study the market for over-the-counter (OTC) weight-loss products, a market in which deceptive advertising is rampant and products are generally...

Persistent link: https://www.econbiz.de/10010630728

Distribution and Growth in an Economy with Limited Needs

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2001

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Persistent link: https://www.econbiz.de/10005762377

A Product Market Theory of Training and Turnover in Firms

Gersbach, Hans; Schmutzler, Armin - Institute for the Study of Labor (IZA) - 2001

We develop a product market theory that identifies determinants of worker turnover and explains why firms invest in general training of their workers. We consider a model where firms first decide whether to invest in general human capital, then make wage offers for each others trained employees...

Persistent link: https://www.econbiz.de/10005703400

Dealer Pricing of Consumer Credit

Bertola, Giuseppe; Hochguertel, Stefan; Koeniger, Winfried - Institute for the Study of Labor (IZA) - 2002

Interest rates on consumer lending are lower when funds are tied to purchase of a durable good than when they are made available on an unconditional basis. Further, dealers often choose to bear the financial cost of their customers’ credit purchases. This paper interprets this phenomenon in...

Persistent link: https://www.econbiz.de/10005822225

Men Vote in Mars, Women Vote in Venus: A Survey Experiment in the Field

Galasso, Vincenzo; Nannicini, Tommaso - Institute for the Study of Labor (IZA) - 2013

tone. The third – control – group received no electoral information. The campaigns were administered online and consisted …

Persistent link: https://www.econbiz.de/10010700692

Private Education Market, Information on Test Scores and Tuition Practices

Firpo, Sergio; Ponczek, Vladimir; Possebom, Vítor Augusto - Institute for the Study of Labor (IZA) - 2014

In this paper, we study the impact of disclosing information about school quality of private schools in Brazil on … gradually over time, revealing that the parents needed some time to trustfully associate results on the exam to new information … on school quality. …

Persistent link: https://www.econbiz.de/10010959832

Communication and Coordination in a Two-Stage Game

Bjedov, Tjaša; Madies, Thierry; Villeval, Marie Claire - Institute for the Study of Labor (IZA) - 2015

We study the impact of communication on behavior in a two-stage coordination game with asymmetric payoffs. We test experimentally whether individuals can avoid a head-to-head confrontation by means of coordinated strategies. In particular we analyze whether and how quickly a conflict-avoidance...

Persistent link: https://www.econbiz.de/10011214041

The Good, the Bad and the Naive: Do Fair Prices Signal Good Types or Do They Induce Good Behaviour?

Dulleck, Uwe; Johnston, David W.; Kerschbamer, Rudolf; … - Institute for the Study of Labor (IZA) - 2012

cheat on quality; and "the naive" fall victim to a projection bias that all sellers behave like the bad types. OLS, sample …

Persistent link: https://www.econbiz.de/10011279266

Revolutionary Effects of New Information Technologies

Berg, Gerard J. van den - Institute for the Study of Labor (IZA) - 2005

In markets with imperfect information and heterogeneity, the information technology affects the rate at which agents … affect each other. The adoption of novel information technologies may then entail a revolution in the sense of a move from an … inefficient to an efficient equilibrium. Inefficient production technologies are removed even in sectors where the new information …

Persistent link: https://www.econbiz.de/10005822460

Doctors Without Borders: The Returns to an Occupational License for Soviet Immigrant Physicians in Israel

Kugler, Adriana D.; Sauer, Robert M. - Institute for the Study of Labor (IZA) - 2002

direct costs that these immigrants face in acquiring a medical license. Licensing thus leads to lower average quality of … service. However, the positive earnings effect of entry restrictions far outweighs the lower practitioner quality earnings …

Persistent link: https://www.econbiz.de/10005763510