Showing 1 - 10 of 2,580
We examine the effect of enforcing minimum quality standards (MQSs) on consumer health. In the late 1800s, the urban … milk supply was regularly skimmed and diluted with water, but consumers could not easily determine its quality because dyes …
Persistent link: https://www.econbiz.de/10013210091
This paper attempts to reconcile the contradictory findings in the debate over school resources and school effectiveness by highlighting the role of aggregation in the presence of omitted variables bias. While data aggregation for well-specified linear models yields unbiased parameter estimates,...
Persistent link: https://www.econbiz.de/10012473308
-provided unless buyers are rewarded for it. Signaling theory implies that only high quality sellers would reward buyers for truthful … generate sales that are nearly 30% higher and are sold by higher quality sellers. The market design implication is that … marketplaces can benefit from allowing sellers to use rewards to build reputations and signal their high quality in the process …
Persistent link: https://www.econbiz.de/10012456095
A hedonic model featuring quality-quantity tradeoffs reveals a number of surprising market behaviors that can result …. Quality need not clear a competitive market in the same way that prices do, because quality can reduce the willingness to pay … for quantity. Producers can benefit from price ceilings, at the expense of consumers. Price ceilings can result in quality …
Persistent link: https://www.econbiz.de/10012456370
Poorly functioning, and often corrupt, public procurement procedures are widely faulted for the low quality of … find no evidence that e-procurement reduces prices paid by the government, but do find that it is associated with quality … improvements. In India, where we observe an independent measure of construction quality, e-procurement improves the average road …
Persistent link: https://www.econbiz.de/10012458323
's producers to upgrade the quality of the goods that they export. The paper first documents two stylized facts regarding the … simple analytic framework that relates a firm's choice of quality to its access to imported intermediates. The model predicts … that a reduction in the import tariff induces an incumbent importer/exporter to increase the quality of its exports and to …
Persistent link: https://www.econbiz.de/10012458344
first experimental evidence on the effect of increased competition on prices and quality relying on an intervention that … after the intervention, product prices decreased by about 5 percent while service quality perceived by consumers improved …
Persistent link: https://www.econbiz.de/10012458610
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
We study the effect of price salience on whether a product is purchased and, conditional on purchase, the quality … both the quality and quantity of goods purchased. The effect of salience on quality accounts for at least 28% of the … quality tickets …
Persistent link: https://www.econbiz.de/10012480838
heterogeneous impacts of counterfeiting on the sales and consumer purchase intent related to branded products of various quality … of counterfeit entry on sales of authentic products of three quality tiers, finding that counterfeits have both …
Persistent link: https://www.econbiz.de/10012461872