Showing 1 - 10 of 506
Consumers solve many agency problems, by pointing out when they believe that agents have made mistakes. This paper … considers the role that consumers play in inducing efficient behavior by agents. I distinguish between two case: those where … consumers have similar preferences to the principal, and those where consumer preferences diverge from those of the principal …
Persistent link: https://www.econbiz.de/10013249541
and referral agencies (R&Rs) in some markets. R&Rs provide consumers with information on availability, price, and …
Persistent link: https://www.econbiz.de/10013210657
threat to site revenue and, if revenue losses undermine investment, a possible threat to consumers' access to appealing …
Persistent link: https://www.econbiz.de/10012964918
In recent years, a number of governments and consumer groups in rich countries have tried to discourage the use of child labor in poor countries through measures such as product boycotts and the imposition of international labor standards. The purported objective of such measures is to reduce...
Persistent link: https://www.econbiz.de/10013071085
We develop a dynamic game to explore the interaction between regulation and private policies, such as self-regulation by firms and activism. Without a public regulator, the possibility of self-regulation is bad for the firm, but good for activists who are willing to maintain a costly boycott to...
Persistent link: https://www.econbiz.de/10013071787
measure the magnitude of consumers%u2019 participation in the boycott, and look at basic evidence of who participates …
Persistent link: https://www.econbiz.de/10013211695
This paper explores whether private markets can incentivize environmental stewardship. We examine the consumer response to the 2010 BP oil spill and test how BP's investment in the 2000-2008 “Beyond Petroleum” green advertising campaign affected this response. We find evidence consistent...
Persistent link: https://www.econbiz.de/10013060155
that the tax was largely, but not completely, passed through to consumers 5-7 weeks after implementation. Some retailers …
Persistent link: https://www.econbiz.de/10012911088
informational advantage over consumers in selecting arbitrators, resulting in industry-friendly arbitration outcomes. We then … arbitrators without the input of firms and consumers would increase consumer awards by $40,000 on average, relative to the current … mechanism for the benefit of consumers hinges on whether consumers are informed. Policies such as increasing arbitrator …
Persistent link: https://www.econbiz.de/10012909516
In this paper, we exploit new sources of cross-sectional data to estimate a detailed product-level demand system for new passenger vehicles. We use four data sources: on the characteristics of products, on the attributes of the U.S. population of households, on the match between the first and...
Persistent link: https://www.econbiz.de/10013239351