Similar Search Results

Information frictions and adverse selection : policy interventions in health insurance markets

Handel, Benjamin R.; Kolstad, Jonathan T.; Spinnewijn, … - 2015

A large literature has analyzed pricing inefficiencies in health insurance markets due to adverse selection, typically assuming informed, active consumers on the demand side of the market. However, recent evidence suggests that many consumers have information frictions that lead to suboptimal...

Persistent link: https://www.econbiz.de/10011392504

Competition over cursed consumers

Ispano, Alessandro; Schwardmann, Peter - 2018

We model firms' quality disclosure and pricing in the presence of cursed consumers, who fail to be sufficiently skeptical about undisclosed quality. We show that neither competition nor the presence of sophisticated consumers necessarily protect cursed consumers from being exploited....

Persistent link: https://www.econbiz.de/10011847547

How much influencer marketing is undisclosed? : evidence from Twitter

Ershov, Daniel; He, Yanting; Seiler, Stephan - 2023

We quantify the prevalence of undisclosed influencer posts on Twitter across a large set of brands based on a unique data set of over 100 million posts. We develop a novel method to detect undisclosed influencer posts and find that 96% of influencer posts are not disclosed as such. Despite...

Persistent link: https://www.econbiz.de/10014422653

International protection of consumer data

Chen, Yongmin; Hua, Xinyu; Maskus, Keith E. - 2020

We study the international protection of consumer data in a model where data usage benefits firms at the expense of their customers. We show that a multinational firm does not balance this trade-off efficiently if its data usage lacks (full) transparency or if consumers’ privacy preference...

Persistent link: https://www.econbiz.de/10012238474

Controlling product risks when consumers are heterogeneously overconfident : producer liability vs. minimum quality standard regulation

Baniak, Andrzejj; Grajzl, Peter - 2014

Contributing to the literature on the consequences of behavioral biases for market outcomes and institutional design, we contrast producer liability and minimum quality standard regulation as alternative means of social control of product-related torts when consumers are heterogeneously...

Persistent link: https://www.econbiz.de/10010413791

Defaults and donations : evidence from a field experiment

Altmann, Steffen; Falk, Armin; Heidhues, Paul; … - 2014

We study how website defaults affect consumer behavior in the domain of charitable giving. In a field experiment that was conducted on a large platform for making charitable donations over the web, we exogenously vary the default options in two distinct choice dimensions. The first pertains to...

Persistent link: https://www.econbiz.de/10010462640

Low homeownership in Germany : a quantitative exploration

Kaas, Leo; Kocharkov, Georgi; Preugschat, Edgar; … - 2017

The homeownership rate in Germany is one of the lowest among advanced economies. To better understand this fact, we … analyze the role of three specific policies which discourage homeownership in Germany: an extensive social housing sector with …

Persistent link: https://www.econbiz.de/10011761605

Conspicuous consumption and communism : evidence from East and West Germany

Friehe, Tim; Mechtel, Mario - 2012

use the separation of Germany into the communist GDR and the democratic FRG and its reunification in 1990 as a natural … experiment. Relying on household data that are representative for Germany, our empirical results strongly indicate that … conspicuous consumption is relatively more important in East Germany. Importantly, a significant gap in conspicuous consumption …

Persistent link: https://www.econbiz.de/10009621765

Round-number effects in real estate prices : evidence from Germany

Englmaier, Florian; Roider, Andreas; Schlereth, Lars; … - 2023

with earlier findings, residential real estate transactions in Germany cluster at round-number prices, but there are also …

Persistent link: https://www.econbiz.de/10014426542

Who bears the burden of real estate transfer taxes? : evidence from the German housing market

Dolls, Mathias; Fuest, Clemens; Krolage, Carla; … - 2021

This paper examines the effects of real estate transfer taxes (RETT) on property prices using a rich micro dataset of roughly 17 million German properties for the period from 2005 to 2019. We exploit a 2006 constitutional reform that allows states to set their own RETT rates, leading to frequent...

Persistent link: https://www.econbiz.de/10012417752

1
2
3
4
5
6
7
8
9
10
Next
Last