Showing 1 - 10 of 39
crowd out a consumer's self-inference of altruism from buying a good bundled with a charitable donation. Alternative … theories of motivation crowding are unable to fit the non-monotonic moments in the data. A structural model of self …
Persistent link: https://www.econbiz.de/10012457193
This paper reports estimates of consumers' preferences for plans to improve food safety. The plans are distinguished based on whether they address the ex ante risk of food borne illness or the ex post effects of the illness. They are also distinguished based on whether they focus on a public...
Persistent link: https://www.econbiz.de/10012464359
A model is considered where firms internalize the regret costs that consumers experience when they see an unexpected price change. Regret costs are assumed to be increasing in the size of price changes and this can explain why the size of price increases is less sensitive to inflation than in...
Persistent link: https://www.econbiz.de/10012463715
This paper has two goals. First, we discuss several emerging approaches to applied welfare analysis under non-standard ("behavioral") assumptions concerning consumer choice. This provides a foundation for Behavioral Public Economics. Second, we illustrate applications of these approaches by...
Persistent link: https://www.econbiz.de/10012467161
effectiveness, whereas small prior donors decrease their giving. We motivate the analysis and experiment with a theoretical model … that highlights two predictions. First, larger gift amounts, holding education and income constant, is a proxy for altruism …). Second, those motivated by altruism will respond positively to appeals based on evidence, whereas those motivated by warm …
Persistent link: https://www.econbiz.de/10012458617
data from a pre-registered experiment that encouraged 3.1 million bank customers to save via SMS messages and train a …
Persistent link: https://www.econbiz.de/10012585440
Disclosure--the practice of providing information to support decision making--has been widely mandated in public policy but is routinely ignored by consumers and subject to obfuscation by firms. Yet most evidence on the effectiveness of consumer financial disclosure stems from lab experiments...
Persistent link: https://www.econbiz.de/10012479669
costs. We provide the first evidence on consumer valuation of fuel economy from a natural experiment. We examine the short …
Persistent link: https://www.econbiz.de/10012479794
We conduct two lab experiments and one field experiment to investigate demand for consumption agency in married couples …
Persistent link: https://www.econbiz.de/10012480630
competitive firm. We implement our recovery method in a purpose-built experiment. We quantitatively assess the trade-off between …
Persistent link: https://www.econbiz.de/10012480875