Showing 1 - 10 of 780
How does lie detection constrain the potential for one person to persuade another to change her action? We consider a model of Bayesian persuasion in which the Receiver can detect lies with positive probability. We show that the Sender lies more when the lie detection probability increases. As...
Persistent link: https://www.econbiz.de/10013210093
This paper estimates consumer demand for firearms with the aim of predicting the likely impacts of firearm regulations on the number and types of guns in circulation. We first conduct a stated-choice-based conjoint analysis and estimate an individual-level demand model for firearms. We validate...
Persistent link: https://www.econbiz.de/10014226131
under-invest in consumer outreach to avoid exacerbating price competition. Finally, while requiring balanced seller …
Persistent link: https://www.econbiz.de/10014287344
We present several empirical facts about trends in marketing investment in the US. We also present estimates of the private value of brands to firms and aggregate intangible brand capital stocks created by these investments. These investments include the creation and maintenance of a brand name...
Persistent link: https://www.econbiz.de/10013334364
A set of randomized experiments shed light on how markets and information influence household decisions to adopt nutritional innovations. Of 400 Indian villages, we randomly assigned half to an intervention where all shopkeepers were offered the option to sell a new salt, fortified with both...
Persistent link: https://www.econbiz.de/10012457053
response to earn cigarette puffs. Changing the number of responses required per puff is conceptualized as a price manipulation …. Our experiments show that these price increases decrease cigarette consumption and that price elasticity of demand … increases with increases in price. When from 74 different smokers, participating in 17 different experiments, in our laboratory …
Persistent link: https://www.econbiz.de/10012472361
original levels. In the second experiment rats responded to increased ethanol prices but not to a cue signaling future price … ethanol exposure via a variant of the Samson ethanol fading technique) respond to changes in the price of ethanol. For both … of ethanol exposure did not interfere with rats' ability to behave according to economic theory. In the first experiment …
Persistent link: https://www.econbiz.de/10012472362
-independent models of fairness. Our results have implications for price discrimination, labor markets, and dynamic pricing …
Persistent link: https://www.econbiz.de/10012455952
Multiple price lists are a convenient tool to elicit willingness to pay (WTP) in surveys and experiments, but choice … experiment in South Africa shows that significant order effects exist which, if uncorrected, would lead to distorted conclusions … about subjects' preferences. We provide templates to create a multiple price list survey instrument in SurveyCTO and analyze …
Persistent link: https://www.econbiz.de/10013388789
In World War I the Secretary of the Treasury, William Gibbs McAdoo, hoped to create a broad market for government bonds, the famous Liberty Loans, by following an aggressive policy of "capitalizing patriotism." He called on everyone from Wall Street bankers to the Boy Scouts to volunteer for the...
Persistent link: https://www.econbiz.de/10012466752