Showing 1 - 10 of 31
The demand for goods like seasonal fashion apparel is uncertain but the lead time needed for production is long, and so …
Persistent link: https://www.econbiz.de/10003921761
This paper discusses brand firms' endogenous timing problem when facing nonbrand firms under quantity competition. We … study a market comprising brand and nonbrand products. There exist heterogeneous consumer groups-one group buys only brand … products while the other one cares little about the brand. These two consumer groups constitute the high- and low-end markets …
Persistent link: https://www.econbiz.de/10010528914
genders. The same result is found for race. Moreover, a multiplier effect is found. The impact of a tax on youth smoking …
Persistent link: https://www.econbiz.de/10001990751
We study a duopoly model where each firm chooses personalized prices for its targeted consumers, who can be active or passive in identity management. Active consumers can bypass price discrimination and have access to the price offered to non-targeted consumers, which passive consumers cannot....
Persistent link: https://www.econbiz.de/10011804790
This study constructs a sequential consumer search model with differentiated products in which some consumers search for a single product while the others search for multiple products. When the mass of consumers who demand one of the products decreases, the price for one product decreases while...
Persistent link: https://www.econbiz.de/10011804803
In this paper, I conduct an analysis of consumption and saving behavior in Japan, looking both at trends over time and comparisons with the other industrialized countries. I find that some of the conventional wisdoms (that the Japanese are asset-rich and hold conservative portfolios) still hold...
Persistent link: https://www.econbiz.de/10002087926
By using a two-country model with habit-forming consumers, this paper shows that the transfer paradox can take place in the free-trade, dynamically-stable world economy. When the debtor is more habituated to consumption than the creditor, an income transfer from the creditor to the debtor raises...
Persistent link: https://www.econbiz.de/10001644311
Economic interdependence of heterogeneous habit forming consumers is examined by using a two-country model. Due to endogenous interest rate adjustments, consumption-habit dynamics in one country are affected by the other country’s habits and preferences. To characterize the interactive...
Persistent link: https://www.econbiz.de/10002235039
By combining our broad panel survey of Japanese adults from 2005 to 2008 and actual cigarette tax data, we investigate how smoking behavior including responses to tax hikes depends on time discounting and its biases, such as hyperbolic discounting and the sign effect. Cigarette consumption...
Persistent link: https://www.econbiz.de/10003981976
This study investigates how consumers value carbon dioxide (CO2) emissions of food by conducting a choice experiment before an ecolabel is attached on some foods in Japan. Participants are asked to buy some Satsuma mandarin oranges based on price and CO2 emissions and take them home. The...
Persistent link: https://www.econbiz.de/10003921789