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Do Firms Use Coupons and In-Store Discounts to Strategically Market Experience Goods Over the Consumption Life-Cycle? The Case of Cigarettes
Sfekas, Andrew - 2014
Cigarettes are experience goods - most of their utility value only gets revealed when one consumes them. We hypothesize a three phase consumer life cycle for experience goods. Consumers initially do not know their utility from the good or their preferences for particular characteristics, and may...
Persistent link: https://www.econbiz.de/10013063292
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Does Religion Affect Economic Growth and Happiness? Evidence from Ramadan
Campante, Filipe R. - 2013
central tenets of Islam. To establish causality, we exploit variation in the length of the fasting period due to the rotating … Islamic calendar. We report two key, quantitatively meaningful results: 1) longer Ramadan fasting has a negative effect on …
Persistent link: https://www.econbiz.de/10013071304
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Designing Institutions to Deal with Terrorism in the United States
Feldstein, Martin S. - 2010
The explosion in the 21st century of terrorist activities by Islamic radicals in the United States, Europe and Asia …
Persistent link: https://www.econbiz.de/10012759635
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What Do Consumers Believe About Future Gasoline Prices?
Anderson, Soren - 2011
A full understanding of how gasoline prices affect consumer behavior frequently requires information on how consumers forecast future gasoline prices. We provide the first evidence on the nature of these forecasts by analyzing two decades of data on gasoline price expectations from the Michigan...
Persistent link: https://www.econbiz.de/10013126209
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The Evolution of Brand Preferences : Evidence from Consumer Migration
Bronnenberg, Bart J. - 2010
We study the long-run evolution of brand preferences, using new data on consumers' life histories and purchases of consumer packaged goods. Variation in where consumers have lived in the past allows us to isolate the causal effect of past experiences on current purchases, holding constant...
Persistent link: https://www.econbiz.de/10013139281
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Islam, Inequality and Pre-Industrial Comparative Development
Michalopoulos, Stelios - 2015
This study explores the interaction between trade and geography in shaping the Islamic economic doctrine. We build a … scheme unsustainable. Islam developed a set of dynamic redistributive rules that were self-enforcing, in regions where arid … the accumulation of wealth by the commercial elite, shaping the economic trajectory of Islamic lands in the pre …
Persistent link: https://www.econbiz.de/10013016651
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Hamas, Taliban and the Jewish Underground : An Economist'S View of Radical Religious Militias
Berman, Eli - 2021
Can rational choice modeling explain destructive behavior among the Taliban, Hama and other radical religious militias? This paper proposes a club good framework which emphasizes the function of voluntary religious organizations as efficient providers of local public goods in the absence of...
Persistent link: https://www.econbiz.de/10013230215
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Moral Incentives in Credit Card Debt Repayment : Evidence from a Field Experiment
Bursztyn, Leonardo - 2015
We study the role of morality in debt repayment, using an experiment with the credit card customers of a large Islamic …
Persistent link: https://www.econbiz.de/10013014296
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Social Finance
Kuchler, Theresa; Stroebel, Johannes - 2022
We review an empirical literature that studies the role of social interactions in driving economic and financial decision making. We first summarize recent work that documents an important role of social interactions in explaining household decisions in housing and mortgage markets. This...
Persistent link: https://www.econbiz.de/10013406071
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Financial Risk Measurement for Financial Risk Management
Andersen, Torben G. - 2012
Current practice largely follows restrictive approaches to market risk measurement, such as historical simulation or RiskMetrics. In contrast, we propose flexible methods that exploit recent developments in financial econometrics and are likely to produce more accurate risk assessments, treating...
Persistent link: https://www.econbiz.de/10013106309