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Differences in How and Why Social Comparison and Real-Time Feedback Impact Resource Use : Evidence from a Field Experiment

Andor, Mark Andreas; Götte, Lorenz; Price, Michael Keith; … - National Bureau of Economic Research - 2023

We compare the behavior and welfare effects of two popular interventions for resource conservation. The first intervention is social comparison reports (SC), which primarily provide consumers with information motivating behavioral change. The second intervention is real-time feedback (RTF),...

Persistent link: https://www.econbiz.de/10014436976

Incorporating Search and Sales Information in Demand Estimation

Hortaçsu, Ali; Natan, Olivia R.; Parsley, Hayden; … - National Bureau of Economic Research - 2021

We propose an approach to modeling and estimating discrete choice demand that allows for a large number of zero sale observations, rich unobserved heterogeneity, and endogenous prices. We do so by modeling small market sizes through Poisson arrivals. Each of these arriving consumers then solves...

Persistent link: https://www.econbiz.de/10012794558

Public or Private Production of Food Safety : What Do U.S. Consumers Want?

Smith, V. Kerry - 2008

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

Does Market Experience Eliminate Market Anomalies? The Case of Exogenous Market Experience

List, John A. - 2011

A vibrant literature has emerged that suggests willingness to pay and willingness to accept measures of value are quite different for inexperienced consumers but that value differences erode with market experience. One potential shortcoming of this literature is that market experience is...

Persistent link: https://www.econbiz.de/10012461749

Measuring Consumer Valuation of Limited Provider Networks

Ericson, Keith Marzilli - 2014

We measure provider coverage networks for plans on the Massachusetts health insurance exchange using a two measures …

Persistent link: https://www.econbiz.de/10012457854

Consumer Demand with Social Influences : Evidence from an E-Commerce Platform

Caoui, El Hadi; Farronato, Chiara; Horton, John J.; … - National Bureau of Economic Research - 2022

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

The Impact of Direct-to-Consumer Advertising on Outpatient Care Utilization

Eisenberg, Matthew; Rabideau, Brendan; Alpert, Abby E.; … - National Bureau of Economic Research - 2022

There is much debate about the effects of pharmaceutical direct to consumer advertising (DTCA) on health care use. In …

Persistent link: https://www.econbiz.de/10013477284

Estimating Biases in Smoking Cessation : Evidence from a Field Experiment

Chaloupka, Frank J, IV. - 2019

We conduct a randomized field experiment to quantify biases that affect consumers of addictive goods: present-biased preferences, naïve beliefs regarding present bias, and projection-biased beliefs over future abstinence. These biases reflect departures from the neoclassical benchmark needed to...

Persistent link: https://www.econbiz.de/10012480466

Behavioral Feedback : Do Individual Choices Influence Scientific Results?

Oster, Emily - 2018

In many health domains, we are concerned that observed links - for example, between "healthy" behaviors and good … vary over time. When a particular health behavior becomes more recommended, the take-up of the behavior may be larger among … people with other positive health behaviors. Such changes in selection would make it even more difficult to learn about …

Persistent link: https://www.econbiz.de/10012480876

An Ounce of Prevention

Newhouse, Joseph P. - 2020

medical preventive measures improve expected health, they do not save money. Various lifestyle and early childhood … interventions, however, may both save money and improve health. Second, preventive measures, including medical and lifestyle …, generalizations in everyday discourse about the value of prevention can be overly broad. Third, health insurance coverage for medical …

Persistent link: https://www.econbiz.de/10012481408