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increase the price of some products when they observe in their cities an exogenous influx of parents of newborns, conceivably …
Persistent link: https://www.econbiz.de/10010409981
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
and transactions made on a major French Internet platform (PriceMinister), we show evidence of substantial price … available and sometimes even choose an advert that is dominated in price and non-price characteristics (such as seller …
Persistent link: https://www.econbiz.de/10010436160
In markets with imperfect information and heterogeneity, the information technology affects the rate at which agents meet, which in turn affects the distribution of production technologies across firms. We show that in models for such markets there are typically multiple equilibria because...
Persistent link: https://www.econbiz.de/10003011507
at a fixed price before an auction. In the "Buy-It-Now" format, the seller has the bargaining power and offers a price …
Persistent link: https://www.econbiz.de/10011407823
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
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009516903
the minimum wage and to the micro patterns of price stickiness. For that purpose, we use a unique dataset of individual … price quotes collected to calculate the Consumer Price Index in France and we estimate a price rigidity model based on a … through to retail prices. -- Price stickiness ; minimum wage ; inflation ; restaurant prices …
Persistent link: https://www.econbiz.de/10003825142
seller types: "the good" choose fair prices and behave consumer-friendly; "the bad" mimic the good types' price-setting, but …
Persistent link: https://www.econbiz.de/10009536497