Showing 1 - 10 of 18
This paper estimates the impact on consumer behavior of a firm’s voluntary disclosure of information. Specifically, we study the impact of Starbucks’ disclosure of calorie information on its menu boards in June 2013. Using data on over 250,000 consumers’ visits to specific restaurant...
Persistent link: https://www.econbiz.de/10014262788
similar non-chefs. We extend our analysis to cover 50 retail health categories and 241 food and drink categories. The results …, and a much smaller share for most food and drink products. We tie our estimates together using a stylized model of demand …
Persistent link: https://www.econbiz.de/10013050309
Using novel data describing the healthfulness of household food purchases and the retail landscapes consumers face, we …
Persistent link: https://www.econbiz.de/10013023349
We study the effects of receipts that include personalized ordering suggestions designed to reduce fat and calorie consumption on purchasing behavior at a restaurant chain. We find that customers, in the aggregate, made most of the item substitutions that were encouraged by the messages, such as...
Persistent link: https://www.econbiz.de/10013062171
We study the effect on nutrition of an exogenous increase in food grain subsidy in rural India resulting from a program … targeting the poor. Our analysis suggests that increase in income resulting from the food price subsidy changed consumption … in poor households. Further, our analysis shows that households allocated some of the increase in income from food price …
Persistent link: https://www.econbiz.de/10013063052
A key concern about counterfeits and weak intellectual property protection is that they may hamper innovation by displacing legitimate sales. This paper combines a natural policy experiment with randomized lab experiments to estimate the heterogeneous impacts of counterfeiting on the sales and...
Persistent link: https://www.econbiz.de/10013130255
We develop a model where products liability trials provide information to consumers who are not parties to the litigation. Consumers use this information to take precautions against dangerous products. A critical assumption is that consumers cannot differentiate between firms that have never...
Persistent link: https://www.econbiz.de/10013125177
We document two facts. First, during the Great Recession, consumers traded down in the quality of the goods and services they consumed. Second, the production of low-quality goods is less labor intensive than that of high-quality goods. When households traded down, labor demand fell, increasing...
Persistent link: https://www.econbiz.de/10013015972
We study the effect of price salience on whether a product is purchased and, conditional on purchase, the quality purchased. Consistent with our theoretical predictions, we find that making the full purchase price salient to consumers reduces both the quality and quantity of goods purchased. The...
Persistent link: https://www.econbiz.de/10012909112
Rankings have become increasingly popular on various markets, e.g. the market for study programs. We analyze their welfare implications. Consumers have to choose between two goods of unknown quality with exogenous presence or absence of an unbiased informative ranking. The existence of the...
Persistent link: https://www.econbiz.de/10013024517