Showing 1 - 10 of 305
Asymmetric information can distort market outcomes. I study how the online disclosure of information affects consumers’ behavior and firms’ incentives to upgrade product quality in markets where information is traditionally limited. I first build a model of consumer search with firms’...
Persistent link: https://www.econbiz.de/10014080609
In this paper we revisit the evidence on the effects of time spent on border-crossing procedures for international … significant negative effect of the time required for border procedures that is driven by the time needed for document preparation …
Persistent link: https://www.econbiz.de/10012892158
Daylight Saving Time (DST) is currently implemented by more than seventy countries, yet we do not have a clear …-in-differences approach, we find that the Spring DST causes a significant decline in life satisfaction. By inducing a reallocation of time …, the transition into DST deteriorates sleep and increases time stress, which in turn affects physical and emotional health …
Persistent link: https://www.econbiz.de/10013218293
in search of the best offer, both time-wise and in terms of potential regret of forgoing unique purchasing opportunities … interaction on search behavior in a pre-registered, theory-based, and well-powered experiment. We find that urgency reduces … earlier when pressured. Anticipated regret does not affect search length (neither with nor without time pressure), while …
Persistent link: https://www.econbiz.de/10013224079
This paper presents an empirical investigation of the relation between decision speed and decision quality for a real-world setting of cognitively-demanding decisions in which the timing of decisions is endogenous: professional chess. Move-by-move data provide exceptionally detailed and precise...
Persistent link: https://www.econbiz.de/10013306854
happiness or other variables are detectable based on response time data without making distributional assumptions. In our survey …
Persistent link: https://www.econbiz.de/10014358107
of U.S. metropolitan areas, as well as variation in enforcement agreements across time, location, and tax rate, we …
Persistent link: https://www.econbiz.de/10012866041
This paper uses a discrete-time partial equilibrium model of the European Emissions Trading System (EU ETS) to analyze …
Persistent link: https://www.econbiz.de/10013315290
Pay What You Want (PWYW) can be an attractive marketing strategy to price discriminate between fair-minded and selfish customers, to fully penetrate a market without giving away the product for free, and to undercut competitors that use posted prices. We report on laboratory experiments that...
Persistent link: https://www.econbiz.de/10010435768
identify demand elasticities across hotel room types and over time. We confirm these elasticity estimates with a difference …-function approach to two classic questions in the dynamic pricing literature: the evolution of price elasticity of demand over time as …
Persistent link: https://www.econbiz.de/10012599214