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In Buy-It-Now (BIN, hereafter) auctions, sellers can make a "take-it-or-leave-it" price offer (BIN price) prior to an auction. We analyse experimentally how eBay sellers set BIN prices and whether they benefit from offering them. Using the real eBay environment in the laboratory, we find that...
Persistent link: https://www.econbiz.de/10011902715
Traditionally, the choice-based conjoint analysis relies on the assumption of rational decision makers that use all available information. However, several studies suggest that people ignore some information when making choices. In this paper, we build upon recent developments in the choice...
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by workers. Using data on 4,771 freelancers working on Upwork.com, the world’s leading freelancing website, we compare …
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This report provides an overview on the economics of attention intermediaries. It addresses the following questions: What are the economics of attention intermediaries? For competition policy, how should markets be defined and market power of attention intermediaries be assessed? What theories...
Persistent link: https://www.econbiz.de/10012244103
on cooperative behavior. In a survey experiment with a representative sample of the Swedish population (N = 1,828), we … mode or were induced to rely either on emotion or reason. Cooperation was measured across a series of commonly used and … individuals who otherwise rely primarily on reason, but not among individuals who already rely primarily on emotion. These …
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In this note we shall discuss a concept that - despite its prominence in both Hume (1739) and Smith (1759), its obvious relevance for social behavior, and its not so infrequent use in colloquial language - has never gained a foothold in economic theory: the concept of empathy. Specifically, we...
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