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Love or Money? The Effects of Owner Motivation in the California Wine Industry

Morton, Fiona M. Scott - 1998

particular industry, the California wine industry. In both a formal model and an empirical analysis, we examine the implications …

Persistent link: https://www.econbiz.de/10012472070

The Wealthy Hand-to-Mouth

Kaplan, Greg - 2014

accounts). We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and …

Persistent link: https://www.econbiz.de/10012458591

Who Are the Hand-to-Mouth?

Aguiar, Mark - 2020

Many households hold little wealth, especially liquid wealth. In precautionary savings models, absent preference heterogeneity, these households should display not only higher marginal propensities to consume (MPCs), but also lower average propensities to consume (APCs) and higher future...

Persistent link: https://www.econbiz.de/10012479167

French Wine and the U.S. Boycott of 2003 : Does Politics Really Affect Commerce?

Ashenfelter, Orley - 2007

In early 2003, France actively tried to thwart the plans of the Bush administration to build international support for …, wine in particular, rebounded through all forms of media. In the spring of 2003, French business people even reported that … the boycott calls were hurting their U.S. sales. Using a dataset of sales of nearly 4,700 individual wine brands, we show …

Persistent link: https://www.econbiz.de/10012465394

Market Structure, Reputation, and the Value of Quality Certification

Elfenbein, Daniel - 2014

Quality certification programs help consumers to identify high-quality products or sellers in markets with information asymmetries. Using data from eBay UK's online marketplace, we study how certification's impact on consumer demand varies with market- and seller-level attributes, exploiting...

Persistent link: https://www.econbiz.de/10012458590

Making Nutritional Information Digestible : Effects of a Receipt-Based Intervention on Restaurant Purchases

Bedard, Kelly - 2013

We study the effects of receipts that include personalized ordering suggestions designed to reduce fat and calorie consumption on purchasing behavior at a restaurant chain. We find that customers, in the aggregate, made most of the item substitutions that were encouraged by the messages, such as...

Persistent link: https://www.econbiz.de/10012459009

Nudging Energy Efficiency Behavior : The Role of Information Labels

Newell, Richard G. - 2013

We evaluate the effectiveness of energy efficiency labeling in guiding household decisions. Using a carefully designed choice experiment with alternative labels, we disentangle the relative importance of different types of information and intertemporal behavior (i.e., discounting) in guiding...

Persistent link: https://www.econbiz.de/10012459439

Calorie Posting in Chain Restaurants

Bollinger, Bryan - 2010

We study the impact of mandatory calorie posting on consumers' purchase decisions, using detailed data from Starbucks. We find that average calories per transaction falls by 6%. The effect is almost entirely related to changes in consumers' food choices--there is almost no change in purchases of...

Persistent link: https://www.econbiz.de/10012463002

Consumer Responses to Firms' Voluntary Disclosure of Information : Evidence from Calorie Labeling by Starbucks

Avery, Rosemary J.; Cawley, John H.; Eddelbuettel, Julia; … - National Bureau of Economic Research - 2021

This paper estimates the impact on consumer behavior of a firm's voluntary disclosure of information. Specifically, we study the impact of Starbucks' disclosure of calorie information on its menu boards in June 2013. Using data on over 250,000 consumers' visits to specific restaurant chains, we...

Persistent link: https://www.econbiz.de/10012599370

Does Information Disclosure Improve Consumer Knowledge? Evidence from a Randomized Experiment of Restaurant Menu Calorie Labels

Cawley, John H. - 2020

The United States, in 2018, implemented a nationwide requirement that chain restaurants disclose calorie information on their menus and menu boards. This law was motivated by concern that consumers underestimate the number of calories in restaurant food, but it remains unclear the extent to...

Persistent link: https://www.econbiz.de/10012481709