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Consumer salience and quality provision in (un)regulated public service markets

Gu, Yiquan; Rasch, Alexander; Wenzel, Tobias - 2020

This paper examines the publication of quality indicators in service markets with public finance systems, such as education and healthcare markets. We provide a spatial model of product differentiation in which the reporting of such indicators increases consumers’ decision weight on quality...

Persistent link: https://www.econbiz.de/10012390724

Delegating pricing power to customers : pay what you want or name your own price?

Krämer, Marius-Florentin; Schmidt, Klaus M.; Spann, Martin - 2017

Pay What You Want (PWYW) and Name Your Own Price (NYOP) are customer driven pricing mechanisms that give customers (some) pricing power. Both have been used in service industries with high fixed costs to price discriminate without setting a reference price. Their participatory and innovative...

Persistent link: https://www.econbiz.de/10011591510

Product innovation and product innovation marketing : theory and microeconometric evidence

Kaiser, Ulrich - 2001

the innovating firm invests in marketing, so that consumers become aware of the newly developed product. Firms first … theoretical model are that both the marketing of a product innovation and a firm's propensity to introduce an innovation decrease … a positive effect on product innovation and marketing effort. These findings are tested empirically using survey data …

Persistent link: https://www.econbiz.de/10013428414

Monetary incentives and the contagion of unethical behavior

Le Maux, Benoît; Masclet, David; Necker, Sarah - 2021

We analyze both theoretically and empirically how monetary incentives and information about others’ behavior affect dishonesty. We run a laboratory experiment with 560 participants, each of whom observes a number from one to six with there being a payoff associated with each number. They can...

Persistent link: https://www.econbiz.de/10012438251