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This paper takes advantage of a natural experiment to examine the relationship between the price and saliency of health …
Persistent link: https://www.econbiz.de/10012314696
This study investigates the effect of financial perception and behaviour on; (a) general accounts and services, (b … three estimations support the hypothesis that financial perception has a greater effect on the decision to access and use … behaviour is greater than financial perception when making decisions on the take-up and use of investment financial services. It …
Persistent link: https://www.econbiz.de/10009675520
price expectations. In an incentivised valuation task, participants are endowed with a mug and provide their willingness to … accept (WTA) to sell it. We manipulate the sale price in a separate, exogenous forced sale scenario, which is predicted to … produce a 'comparison effect', moving WTA in the opposite direction to the forced sale price. Consistent with the theory, we …
Persistent link: https://www.econbiz.de/10013264804
for a 3D movie when the 3D surcharge is shrouded, but they also drop out more often when the overall price is shown at the … checkout. In sum, the demand distribution is independent of the price presentation. This result outlines the limits of the …
Persistent link: https://www.econbiz.de/10012304829
We examine the effects of performance measure properties on incentive system design, using data on incentive contracts for auto dealership managers. The data include information on five properties: two indicators of risk; two indicators of distortion; and one indicator of potential manipulation....
Persistent link: https://www.econbiz.de/10002471880
own-price elasticity of quantity demand for soda of between -1.0 and -1.3. These estimates ignore consumer responses on … the quality margin and correlated measurement errors. We use Mexican household budget survey data and city-level soda … prices to estimate unrestricted demand models that correct for both errors. The corrected own-price elasticity of quantity …
Persistent link: https://www.econbiz.de/10011647675
We propose that false beliefs about the own current economic status are an important factor for explaining populist attitudes. Along with the subjects' receptiveness to right-wing populism, we elicit their perceived relative income positions in a representative survey of German households. We...
Persistent link: https://www.econbiz.de/10013431416
positive association between local area-level radiation dosage and health perception based on self-reported poor health status …
Persistent link: https://www.econbiz.de/10003902084
We estimate the earnings premium for beauty in an occupation where returns to physical attractiveness are likely to be important: commercial sex work. In the commercial sex market, perhaps more so than any other sector in the labor market, the beauty premium should be at the extreme due to the...
Persistent link: https://www.econbiz.de/10008688864
The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates of the probability of a horse winning – longshots are overbet, while favorites are underbet. Neoclassical explanations of this phenomenon focus on rational gamblers who overbet...
Persistent link: https://www.econbiz.de/10003958768