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Emergency purchasing situations: implications for consumer decision-making

Samson, Alain; Voyer, Benjamin G. - London School of Economics (LSE) - 2014

This article introduces the Emergency Purchasing Situation (EPS) as a distinct buying context. EPSs stem from an unexpected event (unanticipated need or timing of a need), as well as high product importance, which are associated with a short time frame for consumer decision-making. Our...

Persistent link: https://www.econbiz.de/10011126285

Advertising and endogenous exit in a differentiated duopoly

Mantovani, Andrea; Mion, Giordano - London School of Economics (LSE) - 2006

In this paper we consider a two-stage duopoly game where firms first decide whether to invest in advertising and then … compete in prices. Advertising has two effects: a market enlargement for both firms and a predatory gain for the investing … investment in advertising and that strong product substitutability may induce a coordination problem. …

Persistent link: https://www.econbiz.de/10011071103

Equilibrium bids in sponsored search auctions: theory and evidence

Borgers, Tilman; Cox, Ingemar; Pesendorfer, Martin; … - London School of Economics (LSE) - 2013

This paper presents a game theoretic analysis of the generalized second-price auction that the company Overture operated in 2004 to sell sponsored search listings on search engines. We construct a model that embodies few prior assumptions about parameters, and we present results that indicate...

Persistent link: https://www.econbiz.de/10011126718

Using Remedies In Russian Merger Control

Redkina, Anastasiya - National Research University Higher School of Economics - 2014

This article is motivated by a growing interest in the problem of merger control quality assessment. Remedies are one of the instruments of merger control and have a significant influence on the results of it. This paper aims to build and empirically evaluate a discrete choice model of merger...

Persistent link: https://www.econbiz.de/10010898300

Comparative Analusis Of Antitrust Policy Against Collusion In Some Transition Economies: Challenges For Effectiveness

Makarov, Andrey V. - National Research University Higher School of Economics - 2014

This article focuses on the development of antitrust policy in transition economies in the context of preventing explicit and tacit collusion. Experience of BRICS, Kazakhstan, Ukraine and CEE countries (Bulgaria, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, Slovenia, Czech Republic,...

Persistent link: https://www.econbiz.de/10011098892

Effects Of Hostility Tradition In Antitrust: Leniency Programs And Cooperation Agreements

Pavlova, Natalia; Shastitko, Andrey - National Research University Higher School of Economics - 2014

The article focuses on the effects that type I errors can have on the incentives of firms to compete, collude or engage in efficiency promoting socially beneficial cooperation. Our results confirm that in the presence of type I errors the introduction of a leniency program can have ambiguous...

Persistent link: https://www.econbiz.de/10010760521

Video killed the radio star? Online music videos and digital music sales

Kretschmer, Tobias; Peukert, Christian - London School of Economics (LSE) - 2014

Sampling poses an interesting problem in markets with experience goods. Free samples reveal product quality and help consumers to make informed purchase decisions (promotional effect). However, sampling may also induce consumers to substitute purchases with free consumption (displacement...

Persistent link: https://www.econbiz.de/10011126443

Naivete, projection bias, and habit formation in gym attendance

Acland, Dan; Levy, Matthew - London School of Economics (LSE) - 2013

We develop a model capturing habit formation, projection bias, and present bias in an intertemporal-choice setting, and conduct a field experiment to identify its main parameters. We elicit subjects' pre- and post-treatment predictions of post-treatment gym attendance, using a habit-formation...

Persistent link: https://www.econbiz.de/10010884673

Basic human values of Russians: both different from and similar to other Europeans

Magun, Vladimir; Rudnev, Maksim - National Research University Higher School of Economics - 2013

The basic values of the Russian population and the population of 31 European countries were compared with data obtained by the Schwartz Questionnaire, embedded into the fourth round of the European Social Survey. Conclusions about similarities and differences of basic human values between Russia...

Persistent link: https://www.econbiz.de/10010752716

Corruption and social values: do postmaterialists justify bribery?

Kravtsova, Maria; Oshchepkov, Aleksey; Welzel, Christian - National Research University Higher School of Economics - 2014

Using World Values Survey data from dozens of countries around the world, this article analyzes the relationship between postmaterialist values and attitudes towards bribery in a multi-level framework. This is an inherently interesting and under-researched topic because the various propensities...

Persistent link: https://www.econbiz.de/10010735038